Bids Invited for design, construction of Regalia 3 in CBD

Lahore, August 13, 2024: The Punjab Central Business District Development Authority (PCBDA) invites visionary developers, firms, and investors to collaborate on the design and construction of Regalia 3, a residential project.

Also Read: NHA to submit property details along M2

The authorities hope to receive offers from the best and most qualified firms. The project will include the design, financing, operation, construction, and maintenance of Regalia 3.

Regalia 3 is one of the most iconic structures in the CBD. This project will enhance the significance of ongoing development in CBD Punjab. Here are the key details of the project;

• Plot Location: Regalia 3, CBD Quaid District
• Plot Size: 7.11 Kanals
• Scope: Design, Finance, Construct, Operate & Maintain (DFCOM)
• Bidding Procedure: Single Stage Two Envelope (Technical & Financial)
• RFP Procurement Deadline: August 21, 2024, at 1700 Hours
• Proposal Submission Deadline: August 22, 2024, at 1230 Hours
• Proposal Opening: August 22, 2024, at 1300 Hours

Below is the financial information for potential bidders;

• RFP Purchase Fee: PKR 50,000 (non-refundable)
• Bid Security: PKR 50,000,000

Key Takeaways

• Interested parties have to submit a sealed bid envelope containing separate financial and technical proposals before the deadline.
• PCBDA has the right to accept or reject any proposal.

Visit the official PCBDA website for more details.