Tender Details
Description / Scope of Work
REDAMCO, a subsidiary of the Ministry of Railways, invites sealed bids for a public-private partnership opportunity to develop and lease commercial mixed-use land at Mardan Railway Station Yard in the Peshawar Division. The property comprises 16.9 kanals of prime railway estate located at coordinates 34°11'51.42"N, 72°15'7.64"E, offered on a long-term lease model for 33 years with extension possibility for another 33 years. This represents a significant opportunity for commercial development in Mardan, one of the key cities in Khyber Pakhtunkhwa province. The project is being executed under a single-stage, two-envelope bidding process where bidders must quote their offers against reserve prices and benchmarks on a non-refundable premium commitment fee and gross revenue share basis.
Bidders must be registered companies, firms, or individual entrepreneurs eligible to enter into lease agreements with the railways. Bid security in the form of a Core/Bank Draft favoring REDAMCO must accompany technical proposals. The bidding process follows PPRA Rules 2004 (as amended), and REDAMCO reserves the right to reject all bids and accept any bid without incurring liability to affected bidders. All prospective bidders are required to review the detailed bid documents available on the REDAMCO website at www.redamco.com and PPRA portal for further clarifications.
Bid documents may be obtained from the REDAMCO Head Office. The pre-bid meeting is scheduled for 18 August 2026 at 02:00 PM at REDAMCO Head Office or via Zoom. Technical bids must be submitted by 03 September 2026 at 02:00 PM at the REDAMCO Head Office, with technical bid opening on the same date at 02:30 PM. Interested parties should contact REDAMCO Manager Estate (North) at the provided mobile numbers or email address for assistance and queries.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
REDAMCO is offering a 33-year lease (extendable) for 16.9 kanals of commercial land at Mardan Railway Station. This is a large-scale PPP opportunity requiring substantial upfront premium commitment and revenue sharing, suitable for established real estate developers or commercial enterprises. The tight bid preparation timeline and requirement for bid security indicate serious procurement. This is a one-off lease grant rather than a supply or service contract, and competes against standard commercial real estate investments on financial return alone.
Who can bid: Bidders may be registered companies, firms, or individual entrepreneurs. The notice does not explicitly state NTN, SECP, or PEC requirements; typically, companies must be SECP-registered, individuals require NTN and active business registration, and proof of financial standing is expected for projects of this scale.