Individual / Individual Consultant
Sole Proprietorship
Partnership Firm
Company (Private Limited)
Company (Public Limited)
Company (Holding Company)
Company (Limited by Guarantee)
FBR (NTN)
FBR (GSTN)
| Eligibility Criteria | Document |
|---|---|
| 1. Completion Time: 15 Days 2. Validity of Bids from the opening date: 60 Days 3. Mode of Payment: 100% after completion of work. 4. The bidders/Firms should be registered with Income Tax Department. 5. The bidders/Firms should be registered with General Sales Tax (GST). | |
| 6. The Employer will reject a proposal for award if it determines that the Bidder recommended for award has engaged in corrupt or fraudulent practices in competing for the contract in question like pooling, or giving bribery/ prizes or any sum of money etc. to the persons responsible or engaged in procurement or to other prospective bidders. | |
| 7. Employer will declare a firm ineligible, either indefinitely or for a stated period of time, to be awarded a contract within its jurisdiction if it at any time determines that the firm has engaged in corrupt or fraudulent practices in competing for, or in executing, a contract. 8. Sub-Contracting is not allowed under any circumstances. | |
| 9. Material must be of genuine origin as mentioned. Bank reserves the right to demand and check purchase documentation of the contractor to verify genuineness of material. 10. Supplier shall have to get approval of samples for each item before delivery. 11. In case of failure to comply with quality standards and required specifications, the supplier shall have to withdraw the rejected items at his own risk and cost. | |
| 12. No price adjustment shall be made for any variation in the market prices, taxes/ duties or change in wages or the Law. 13. No advance payment shall be made by the Bank to the Contractor. 14. If any dispute arises between the parties (the firm & the Employer), the matter shall be referred to the Chief Manager who will examine the matter in detail and give the decision which will be final & binding upon the parties. | |
| 15. Bank/ employer reserve the right to reject any or all of the bids as per PPRA rules. 16. All applicable taxes/ levies etc. shall be deducted at source from the firm’s payable amounts at the prevailing government rates at the time of payment. 17. Those firms who have failed to perform previously with SBP / SBP BSC are not eligible to bid. | |
| 18. In case of any breach of any terms & conditions, SBP-BSC reserves right to take punitive action for which decision of the Chief Manager shall be conclusive. 19. In case of late completion a penalty of Rs. 5000 / day will be imposed. 20. Bid must be un-conditional, incomplete and conditional bid will be rejected. | |
| 21. The rates quoted by the Bidder shall be final and binding. Any subsequent claim of quoting rates by mistake or refusal to execute the awarded work at the quoted rates shall invite strict punitive action by SBP BSC, including inclusion in the list of persons/firms who have failed to perform with SBP BSC and debarment from participation in future works, in accordance with applicable rules and prescribed procedures. | |