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Tender Details
Description / Scope of Work
The Railway Estate Development & Marketing Company (REDAMCO) in Islamabad, a subsidiary of the Ministry of Railways, invites sealed bids for the leasing and outsourcing of billboard sites located on Pakistan Railway lands across the country. This commercial opportunity offers a 5-year lease period, extendable for another 5 years, for experienced firms and applicants registered with relevant tax departments. Bidders are required to submit offers based on annual rental values for specified locations under a Single-Stage, Two-Envelope procedure. Participation requires a 2% bid security of the benchmark cost for each site, and bids must be quoted exclusive of applicable taxes. Detailed bidding documents can be downloaded from the REDAMCO website or obtained directly from their corporate office in Sector I-11/1. All technical and financial proposals must be submitted by 02:00 PM on 13 May 2026, with the opening scheduled for an hour later on the same day."
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 leasing billboard advertising sites on Railway properties nationwide—a commercial concession rather than construction.
Scale appears medium to large given multi-location rollout across Pakistan. The 5-year primary term with 5-year extension suggests stable recurring revenue potential. Tight deadline (closing May 2026) demands immediate document procurement. Bidders must quote annual rental values competitively; tax exclusivity indicates duty to understand GST/other liabilities per location. This suits established advertising/outdoor media firms with existing railway relationships or national footprint.
Who can bid: Bidders must be registered with relevant tax departments (NTN requirement typical for Pakistan). No PEC category applies (non-construction). REDAMCO subsidiary status suggests preference for tax-compliant, formally registered entities. Specific restrictions not stated; typically Pakistani nationals or SECP-registered companies eligible. Prior experience in outdoor advertising or railway concessions may strengthen evaluation.