t',7!i nlcg Islamic BankLtd.

Islamic

N o. M C B - I S/CM B/C IW"/22- 04

To: tvl/s. Design & Build Date: August 15,2022

Unit # 4, Street # 23-4, Hali Road Gulberg - ll, Lahore

AWARD OF CONTRACT
FOR CIVIL, PLUMBING, ELf,CTRICAL & }IVAC WORK OF
MCB ISLAMIC BANK CTRCI]I,AR ROAD SAMI]NDRI BRANCH

Referenc€ to the tender for renovation work of MCB Islamic Baak Circulsr Road SaEutrdri Banch. we
arc plcased to award you th€ r€novation work of the above Branch Ls per details given b€lou:

ANNEXURE A
STATEMENT OF WORK

Renovation of MCB lslamic Bank]lLgUblBgelllalElldllgISlgh

5r# Scope of work M/sr Desien & Build

Description Amount (R!.)
TotalArea 1475 SFT
1 Civil-lD Work 5,500,12s
2 External Development 281,500
3 Plumbing Work 566,3s0
4 Electrical & Networking Work 1,857,550

5 Total 8,205,575
6 tnitial Rebate @ 6% 492,132
7 Net Bid value 7,713,194
8 Further Rebate@ 1% 82,055
9 Net Bid Value 7,637,739
10 Further Rebate@ 1.5% 723,043
77 Net Bid Value 7,508,056
72 Net Total Pl(R 7,508,055

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Human Resource Management Group

14 A, N.ta n Gulberg, Ja I Road, Lahore
e| www.mcbislamicbank.com 6 042 34501000
t?
lslamic
vrCr Islamic Bank Ltd.

ANNf,XURE B
TIMf,LINE & MILESTONfS

Sr. No Milestones (AEount up 10)

I l'r Running Bill after 25% Completion 25% of Approved amount

2'd Running Bill after 50% Completion 50% ofApproved amount

l 3'd Running Bill after 75oz Completion 75% ofApproved amount
1 Final Billaner 100% Completion I 0070 of Approved amount

Important Points
. Work will bc started [ithiD three (03) days after issuance of award letter
. Deadline for cornpletion is forty tive (45) days after the date ofissuance of award letter
. All prices are exclusive ofall applicable taxes

Approved cost is PKR 7,508,056/- (Rupees Seven Million Five Hundred Eight Thousand Fifty Six only)

Please sign, and retum the duplicate copy ofthis lett€r as a token ofyour acceptance to our lefter.

Yours faithfully,

Meh r Abu Bakar

Divi sion Head CMB Division Head GSD
MCB Islamic Bank MCB Islamic Bank
l4-A Culberg Main Jail Road, 1 1-Satluj Block, Moon

Lahore. Market, Allama Iqbal

Town Lahore.

Copy To
1. M/s. s
Address A, Fahad Street,
olony# 2, Canal Road, Faisalabad

Accepted
M/s, Design & Build

-#
es"' Page 2 of2

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Human Resource Management Group \too

14 A, l"4ain Gu berq, Jail Road, Lahore
$ www r.cbis amicbank.com a 042_3450'l000