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Description / Scope of Work
Railway Estate Development and Marketing Company (REDAMCO), a state-owned enterprise of Pakistan Railways based in Islamabad, invites bids for the leasing of Pakistan Railway land for a 21-year term. The purpose of this tender is the establishment of fuel stations, electric vehicle (EV) charging points, and allied facilities. This opportunity is open to Oil Marketing Companies (OMCs) or their authorized dealers and individuals collaborating with OMCs. The bidding process is structured to evaluate participants based on technical and financial eligibility, including a commitment fee/premium and annual rent. The annual rent is subject to a 10% compound increase each year. Interested parties must follow the specific bidding instructions provided by REDAMCO, ensuring all proposals meet the minimum benchmark values for the identified sites as mentioned in the advertisement. This initiative aims to foster rail estate development and provide modernized transit facilities across identified railway lands.