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Tender Assaignment
Tender Assaignment
It is type of open
tender in which all details is shown with estimated cost of 22.534million during the period of eight
months. Contractor has to deposit 2% of quoted bid price as bid security along with tender. Authority
has the right to reject the tender under the light of Para 33 of PPRA(Punjab Procurement Regulatory
Authority) rules.
All the details is shown in tender regarding works but I will summarize few of the following.
Tender will be awarded to those who are active tax payer list(ATL) of FBR and having valid registration
from PEC in relevant categories. Contractor who are interested have to submit 5% of bid amount along
with tender fee of different works. There is no time limit and payment will be given on work
performance. tender bidding is single stage with single envelope for different works For Serial number
(2,3,4,5,6) and double envelope for 1& 7.
According to given data we can adopt traditional method for both tenders.