Lahore: The Ravi Urban Development Authority (RUDA) has invited proposals from potential investors/developers – as individuals or in the consortium – to design, develop, build, finance, sell, market, operate and maintain the Chaharbagh Project 10-kanal Apartment Building(s) under Public Private Partnership (PPP) mode, according to an advert published in national dailies.
Read:RUDA partners with Dubai-based group to build ‘Entertainment City’ The advert mentions that interested parties, with demonstratable technical and financial capabilities to execute the said Chaharbagh Project, should submit their technical and finacial proposals under the single-stage-two-envelope method. The last date for procuring of RFP is May 19 till 4 PM and the last date for bid submission is May 23 and by 4 PM. The RFP can be obtained from Executive Director Commercial on a nonrefundable fee in the shape of a Pay Order/Demand Draft of PKR 50,000 in the name of RUDA.
Read:RUDA attracts USD 600 mn investment pledges Technical bids will be opened on the same day in the presence of bidders whereas firms qualified following technical evaluation will be called for financial bid opening and the date for it will be duly communicated. For more details, interested parties can contact RUDA through the following channels:
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
