A system for installing control line secured to a tubular string suspended in a borehole includes a first arm having a pivotally secured first end about which a second end is rotatable with a generally vertical plane, and a second arm having a first end pivotally coupled to the second end of the first arm and a second end coupled to a control line retainer. The second arm slidably engages a stationary pathway at a position intermediate the first end and the second end of the second arm. The system also includes one or more cylinders for rotating the first arm and for translating and rotating the second arm within the vertical plane to move the control line retainer along a generally vertical path along the tubular string.