Pakistan Railways (PR) invites bids for the rehabilitation, up-gradation and operation of its closed schools located in major cities including Lahore, Karachi, Faisalabad, and Risalpur. This project falls under the education and training category and is being offered on a Public Private Partnership (PPP) basis under the Rehabilitate-Upgrade-Operate-Transfer (RUOT) model. The initiative aims to revitalize non-operational educational institutions owned by PR, providing quality education primarily for the children of PR employees while also opening opportunities for the wider community. The scope includes comprehensive rehabilitation and up-gradation of school infrastructure, operation and maintenance, management of educational quality, staff hiring and training, student affairs, and fee policy management. The concession period is 30 years, including a mobilization phase. The schools are categorized by size and location, ranging from tehsil level to provincial capitals, with specific requirements for each category. The concessionaire will be responsible for financing the project, obtaining necessary permits, and ensuring compliance with applicable laws and educational standards. A 25% admission quota is reserved for children of PR employees with capped fees, and the concessionaire may introduce English medium or international curricula. Bidders must meet strict eligibility criteria including minimum turnover and net worth thresholds, proven experience in education management, and a detailed methodology and work plan. Financial bids will be evaluated based on the highest gross revenue share offered to PR. The submission deadline is 3rd March 2026 at 14:00 hours, with a pre-bid meeting held on 17th February 2026. Bids must be submitted in sealed envelopes with separate technical and financial proposals. A bid bond and performance security are mandatory. PEC category requirements are not explicitly stated but bidders should ensure compliance with all applicable educational and operational regulations. FBR registration and tax compliance are mandatory, with bidders required to submit NTN certificates and audited financial statements. The project aligns with the 2025-26 fiscal year requirements for PPP projects. Submission must be made physically to the Director General Education, Pakistan Railways Headquarters, Empress Road, Lahore. The technical bid opening will occur on the submission date, followed by financial bid opening for technically qualified bidders. Pro-Tip: Ensure your bid includes a robust financial model and detailed execution strategy addressing governance, quality improvement, and infrastructure up-gradation to maximize technical scores and competitiveness. Also, carefully review the integrity pact and bid bond requirements to avoid disqualification.