Lease Rights to Establish and Operate Cold Storage Facility at Islamabad International Airport

Pakistan Airports Authority Islamabad invites bids for lease rights to establish and operate a Cold Storage Facility at Islamabad International Airport. This opportunity is specifically for companies registered and licensed for cold storage or temperature-controlled warehousing operations. The site will be company-operated and the successful bidder will be required to use the space solely for this purpose as specified by the COO/Airport Manager IIAP Islamabad. Items being procured: - Lease rights to establish and operate Cold Storage Facility at Islamabad International Airport The lease is awarded for thirty (30) years with possible extension for another 20 years on mutual consent. The lessee must submit detailed drawings for approval within 30 days of possession and start construction within three months. Completion and operation must begin within two years, with a possible extension of one year upon justified request. The lessee is responsible for insurance, security arrangements, installation of CCTV and lighting, and all utility charges. No structural alterations are allowed without prior permission. The lessee must comply with Civil Aviation Rules 1994 and other applicable regulations. Eligibility requires duly registered companies with relevant approvals, no blacklisted firms, and compliance with tax obligations. Earnest money must be submitted via pay order in favor of Pakistan Airports Authority. The highest bid will be approved by the PAA Executive Committee. Non-utilization charges apply if the project is delayed. The tender is issued by Pakistan Airports Authority in Islamabad Capital Territory. Interested bidders should note the submission deadline and ensure all documentation including CNIC copies and earnest money are prepared. The lease agreement must be signed within 30 days of bid confirmation. A practical tip for bidders: Carefully prepare your technical and financial proposals ensuring compliance with all conditions, especially the timely submission of detailed drawings and adherence to the strict timelines for construction and operation to avoid penalties or forfeiture of earnest money.