According to an advertisement that appeared in national dailies, the Ravi Urban Development Authority (RUDA) has issued an invitation to potential investors/developers – acting individually or as part of a consortium – to submit proposals for the design, development, construction, financing, sale, marketing, operation, and maintenance of the 10-kanal apartment building(s) for the Chaharbagh Project.
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The advertisement states that parties interested in executing the aforementioned Chaharbagh Project and with demonstrable technical and financial skills should submit their technical and financial proposals using the single-stage, two-envelope technique.
The deadline for submitting an RFP is May 19 at 4 PM, and the deadline for submitting a proposal is May 23 at 4 PM.
The Executive Director Commercial will provide the RFP for a nonrefundable cost of PKR 50,000 in the form of a Pay Order/Demand Draft in the name of RUDA.
Technical bids will be opened in front of the bidders on the same day; however, enterprises who pass the technical evaluation will be contacted to open the financial bids on a date that will be properly announced.