LRRA requests proposals for development of LRR’s southern loop

The Lahore Ring Road Authority (LRRA) has made the move to begin development of the southern loop of Lahore Ring Road (LRR). The authority is set to complete the project in a public-private partnership and has therefore requested bid proposals from national and international development firms to undertake the Rs 30 to 35 billion project.

If you own a development firm and are capable enough to partner with LRRA to play your part in the development of LRR’s southern loop, you need to keep in view the following:

• The development firm will be responsible for detailed engineering, construction and finance of the project

• The project will be undertaken on the build-transfer (BT) model and the development firm will be paid in 8 years after the completion of the project

• Interested firms can obtain the request for proposal (RFP) document from the LRRA Deputy Director Office during office hours until June 1, 2015 for a non-refundable fee of Rs 10,000 that must be paid through a pay order or bank draft in favour of LRRA Chairperson.

• The RFP document contains all the relevant details of the project

• LRRA will provide land for the project

• LRRA will not be responsible for the expenses that will be incurred by the interested firms for the drafting of the proposals

• Single Stage-Three Envelope bidding procedure will be adopted to select the firm

• The RFP document should reach LRRA Deputy Director Office by June 30, 2015 and it should contain pre-qualification documents, financial proposals and technical proposals in separate sealed envelopes, clearly marked “Engineering, Procurement, Construction and Finance of Lahore Ring Road (Southern Loop) under Build-Transfer Model”

• A pre-bid meeting will be held on June 2, 2015 at 10:30 AM in LRRA’s committee room

If you are interested in submitting a bid proposal for the project, please keep the pointers mentioned above in mind. Good luck!