Leasing of Pakistan Railway Land for Modern Retail Complex with Fuel Station and Allied Facilities

This tender invites bids for leasing Pakistan Railway land in Islamabad and other cities for establishing a Modern Retail Complex including a fuel station with allied facilities, EV charging station, international or national food outlets, convenience store, and pharmacy. The Railway Estate Development and Marketing Company (REDAMCO) is offering multiple sites with specific benchmarks for commitment fees and annual rentals. The project requires bidders to design, finance, develop, operate, and maintain the complex at their own risk and cost. The scope includes obtaining all necessary licenses and approvals from relevant authorities such as OGRA, local civic bodies, environmental agencies, and health regulators. The sites are located in prime areas including Gillani Station Yard Karachi, Keswar Gardezi Road Multan, and Margalla Station Yard Islamabad. The lease term is 21 years with an option to extend for another 21 years. Annual rent will increase at 8% compound rate. The lessee must pay a non-refundable upfront commitment fee and annual rent in advance. The project demands strong financial capability, technical expertise in operating fuel stations, and compliance with all statutory requirements. Bidders must be registered with tax authorities, active taxpayers, and not blacklisted. PEC registration is not explicitly required but financial soundness and experience in fuel station operations are critical. The bid validity is 120 days, and bid security must be submitted with the technical bid. The evaluation will be based on technical and financial criteria, with the highest combined bid of commitment fee and discounted annual rent winning the contract. Submission deadline is 02:00 PM on 13th April 2026, with technical bids opening at 02:30 PM the same day at REDAMCO's corporate office in Islamabad. Bids must be submitted in sealed envelopes following the Single Stage Two Envelope procedure. The address for submission is 1st Floor, Corporate Office, Service Road South, Sector I-11/1, Islamabad. Pro-Tip: Ensure your bid includes all required documents such as bid security, affidavit of correctness, power of attorney, and collaboration certificates if applicable. Pay special attention to the bid security validity and the non-refundable commitment fee payment deadlines to avoid disqualification. Also, verify the benchmark commitment fee and annual rent for your chosen site to avoid bids being rejected for quoting below base values.