SEALED BIDS FOR BILL BOARD SITES

Description

Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways, invites sealed bids under Single Stage-Two Envelope procedure for leasing of sites to experienced and capable firms/applicants registered with relevant Authorities and Tax Departments for outsourcing of bill boards sites at specified locations over Pakistan Railway lands. The lease period is 05 years (extendable for another 05 years) with 10% compound annual increase in rent. Bidders shall offer their bids on Annual Rent against each site. Bid submission deadline is 13th May 2026 at 02:00 PM and bids will be opened on the same day at 03:00 PM. Each bid must include 2% bid security of benchmark cost against each site. The bid price shall be exclusive of all applicable taxes, duties and charges. Bidding will be conducted through Open Competitive Bidding under Public Procurement Rules 2004. Interested bidders can download documents from www.redamco.com or obtain from REDAMCO Office, 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad.