LEASE: Service Areas Package Wise Along Lahore Ring Road Right of Way

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Punjab Ring Road Authority (PRRA) invites bids from well reputed and experienced firms, companies, or sole proprietors for leasing/renting specified service areas package wise along the Right of Way (ROW) of Lahore Ring Road. The lease term is for twenty (20) years, extendable for another 10 years subject to approval by the procuring agency. The bidding will follow the Single Stage-Two Envelope procedure as per Punjab Procurement Rules-2014 (amended). Items being leased: - Adda Plot, Area: 10 Kanal, Estimated Revenue per Annum: Rs 84.96 Million, Earnest Money: Rs 4.25 Million - Niazi Interchange, Area: 14 Kanal, Estimated Revenue per Annum: Rs 92.04 Million, Earnest Money: Rs 4.60 Million Applicants must provide documentary evidence including valid legal entity registration with SECP or Registrar of Firms, an undertaking of not being blacklisted by PPRA and PRRA, and valid tax certificates (FBR/PRA). The procurement will be conducted through open competitive bidding. Bidding documents are available on the Punjab Procurement Regulatory Authority website (http://ppra.punjab.gov.pk) and can be collected from the office of Director Contracts, P&D, PRRA upon payment of Rs 10,000/- non-refundable via pay order or bank draft in favor of PRRA. Bidders are advised to visit the sites at their own expense before submitting bids. Technical and financial bids must be submitted in sealed envelopes to the office of Director Contracts, P&D, PRRA by 13.10.2026 at 11:00 AM. Technical bids will be opened the same day at 11:30 AM in the presence of bidders or their representatives. Earnest money must be submitted as CDR at 5% of the estimated revenue. Conditional or incomplete bids will be rejected. The procuring agency reserves the right to reject any or all bids as per Rule-35 of PPRA Rules. A practical tip for bidders: Ensure your financial bid is complete and signed as per bidding document instructions to avoid disqualification due to non-responsiveness. Also, visiting the sites beforehand can provide valuable insight for your proposal.