In terms of Rules 48 of Public Procurement Rules, 2004 Grievance Redressal Committee (GRC) is notified for the subject procurement and notification copy is available on the procuring agency’s website and on Authority’s website at (www.ppra.org.pk).
Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer
Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
+92-337-219-2756
xenhescocivil@gmail.com
The following specific data for the procurement of Goods to be procured shall complement, supplement, or amend the provisions in the Instructions to Bidders (ITB). Whenever there is a conflict, the provisions herein shall prevail over those in ITB.
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BDS Clause Number |
ITB Number |
Amendments of, and Supplements to, Clauses in the Instruction to Bidders |
A. Introduction |
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1 |
1.1 |
Name of Procuring Agency:Â Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)) The subject of procurement is:Â CONSTRUCTION OF G.I VEHICLE PARKING SHADE (04 NOS VEHICLES) AT OPERATION SUB DIVISION DAULATPUR Expected commencement date: Wednesday, September 16, 2026 |
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2. |
2.1 |
Financial year for the operations of the Procuring Agency:Â 2026-27 Name and identification number of the Contract: P53144Â |
| 3. | 3.1 | JV/Consortium or Association Allowed: Yes Number of JV/Consortium Members: 02 |
B. Bidding Documents |
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4. |
6.2 & 6.4 |
The Bidders may seek clarifications through EPADS v2.0: Clarification Date: Friday, July 31, 2026 |
| 5. | 7.2 |
Any addendum, in case issued, shall be published on Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)) website and on EPADS v2.0. |
C. Preparation of Bids |
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| 6. |
8.1 |
List of documents required along with the bid:
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| 7. | 9.1 |
The qualification criteria to establish the supply / production capability of the bidder. see Eligibility Criteria |
| 8. | 11.2Â |
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| 9. | 11.1 | Price schedule will be provided according to the format defined and acquired. see section price schedule. |
| 10. | 11.4 |
 Specifications: see section of specifications. |
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11. |
11.5 & 13.5 |
The price shall be Fixed. |
| 12. |
14.1 |
Currency of the Bids shall be : PKR |
| 13. |
16.1 |
The Bids/Bid Validity period shall be: 180 Days |
| 14. |
17.1Â |
The amount of Bid Security shall be as defined in Bid Security Section for items and lots given in BDS 6 |
| 15. | 17.2 |
The Bid Security shall be in the form of: Call at Deposit, Demand Draft  |
| 16. | 15.1 |
Alternative Bids to the requirements of the bidding documents will not be permitted. |
D. Submission of Bids |
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17. |
18.1 & 21.1 |
Bid shall be submitted online on EPADS v2.0 whereas hard copy of the bid security should be submitted to the following; Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province). Bids that are not submitted on EPADS v2.0 shall be disqualified. The deadline for Bids submission is: Tuesday, August 4, 2026 11:00 AM |
E. Opening and Evaluation of Bids |
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18. |
24.1 |
The Bids opening shall take place on EPADS v2.0. Day : Tuesday Date:Â August 04, 2026 Time : 11:30 AM |
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19. |
30.2 |
Selection technique adopted will be: Least Cost Based Selection (LCBS) |
F. Award of Contract |
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20. |
41.1 & 41.2 |
The Performance guarantee shall: 10.00%. The Performance Guarantee shall be acceptable in the form of:Â Bank Guarantee |
| 21. | 45.1 |
Arbitrator shall be appointed by mutual consent of the both parties. |
G. Review of Procurement Decisions |
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22. |
37 |
Grievance against this procurement shall be submitted online on EPADS v2.0. |
| Bidder's Type | Required Registration |
|---|---|
| Individual / Individual Consultant Sole Proprietorship Partnership Firm Company (Private Limited) Company (Public Limited) Company (Holding Company) Company (Limited by Guarantee) State Owned Enterprise (Private Limited) State Owned Enterprise (Public Limited) | NADRA CITIZENSHIP (CNIC/NICOP) FBR (NTN) PEC |
| Eligibility Criteria | Document |
|---|---|
| Registration with PPRA EPADS 2.0 (Renewed 2026-27 Valid PEC).A Bidder/JV shall be a natural person, private entity, or government-owned enterprise who is active in taxpayer list and registered with Federal Board of Revenue and Sindh Revenue Board.A Bidder must have specialized codes from PEC(CE-10 for civil Eng building works,CE-O9 for water supply and drainage works,CE- 01 for road works & other concerned specialized codes from PEC)otherwise bidder will be declared non eligible / non responsive | Yes |
| Bid Security an amounting to Rs: 134881.00 in shape of CDR / Demand Draft from contractor's account will be entertained. and in case of Joint venture only Joint Venture account or leading firm account bid security will be entertained otherwise bidder will be non eligible / non-responsive. | Yes |
| Bid Security will only be entertained if it is in the name of "Executive Engineer Civil Works Division" otherwise bidder will be declared non eligible / non-responsive | Yes |
| CNIC of Sole Proprietor or in case of Joint Venture CNIC of all partners must be attached. Sole Proprietor or Joint Venture should provide an undertaking on Bidders Pad or Joint Venture pad describing ownership for otherwise bidder will be declared non eligible / non-responsive | Yes |
| Undertaking on Non Judicial Stamp Paper regarding non blacklisting in any company or any department. Undertaking on Non Judicial Stamp Paper regarding non blacklisting in any company or any department | Yes |
| Active Taxpayer NTN (for both FBR and SRB) should be attached, in case of Joint Venture both firms should be active taxpayer NTN (for both FBR and SRB) otherwise bidder will be declared ineligible. Authority Letter on Non Judicial Stamp paper must be attached with bid | Yes |
| Renewed PEC concerned Technical Category & Financial Category be attached, in case of Joint Venture both partners should be registered & renewed in PEC and said categories will be checked collectively otherwise will be declared non eligible / non-responsive | Yes |
Least Cost Based Selection (LCBS)
Jobs Without Lots :
| Job | Delivery Schedule | Quantity | Bid Security |
|---|---|---|---|
| CONSTRUCTION OF G.I VEHICLE PARKING SHADE (04 NOS VEHICLES) AT OPERATION SUB DIVISION HESCO DAULATPUR | Address: Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province). Schedule: 180 Days Quantity: 1/Qty |
1/Qty | 134881 PKR |
No
Jobs Without Lots :
Job: CONSTRUCTION OF G.I VEHICLE PARKING SHADE (04 NOS VEHICLES) AT OPERATION SUB DIVISION HESCO DAULATPUR
Specifications / Requirements:
| Sr. No | Ref. No. | Description | Unit | Qty | WCSR + Inflation Rate 43.74% | Amount in Words | Amount |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Dressing and leveling of earth work to designed section complete b) Ordinary or hard soil | Cum | 25.10 | 36.96 | (Rupees Nine hundred twenty-seven and seventy-one) | 927.71 |
| 2 | 2 | Excavation in foundation of buildings,bridges and other structure i/c dibbling dressing refilling around structure with excavated earth watering and ramming lead upto 30m and lift upto 1.5 m. ( b ) Ordinary soil. | Cum | 11.04 | 489.70 | (Rupees Five thousand four hundred six and thirty-three) | 5,406.33 |
| 3 | 3 | Cement concrete plain including placing, compacting, finishing and curing complete (including screening and washing of stone aggregate) without shuttering. d) 1:4:8 | Cum | 26.95 | 11,991.55 | (Rupees Three hundred twenty-three thousand one hundred seventy-two and thirty-seven) | 323,172.37 |
| 4 | 4 | Bricks work in foundation and plinth in Cement sand mortar. Ratio 1:4 | Cum | 11.90 | 13,355.95 | (Rupees One hundred fifty-eight thousand nine hundred thirty-five and eighty-two) | 158,935.82 |
| 5 | 5 | Supplying and filling sand under floors or plugging in wells | Cum | 141.07 | 3,564.99 | (Rupees Five hundred two thousand nine hundred thirteen and three) | 502,913.03 |
| 6 | 6 | Carriage of 3.0 cum/5 metric tons of all material like stone aggregate gravel, coal, lime. Sukhi etc. (Lead upto 7 K.M) | Cum | 141.07 | 550.01 | (Rupees Seventy-seven thousand five hundred ninety and eleven) | 77,590.11 |
| 7 | 7 | Cement concrete plain i/c placing, compacting, finishing and curing complete (i/c screening & washing of stone aggregate) without shuttering. f) ratio 1:2:4 | Cum | 21.39 | 15,617.25 | (Rupees Three hundred thirty-four thousand fifty-three and twelve) | 334,053.12 |
| 8 | 8 | Cement (1:4) upto 1st floor height. (c) 20mm thick | Sqm | 153.91 | 665.49 | (Rupees One hundred two thousand four hundred twenty-six and fifteen) | 102,426.15 |
| 9 | 9 | Corrugated galvanized iron sheets fixed with G.I bolts 22 SWG | Sqm | 163.75 | 4,217.57 | (Rupees Six hundred ninety thousand six hundred twenty-seven and sixty-four) | 690,627.64 |
| 10 | 10 | P/f Angle iron | Mtr | 125.11 | 966.07 | (Rupees One hundred twenty thousand eight hundred sixty-four and sixty-seven) | 120,864.67 |
| 11 | 11 | Small iron work such as gusset plates,knees, bends, stirrups, straps,clips, etc including cutting drillings riveting , handling, assembling and fixing but excluding errection in position | Kg | 327.78 | 174.14 | (Rupees Fifty-seven thousand seventy-eight and forty-six) | 57,078.46 |
| 12 | 12 | Errection & fitting in position or iron trusses staging of water tanks etc | Kg | 327.78 | 56.86 | (Rupees Eighteen thousand six hundred thirty-six and sixty-one) | 18,636.61 |
| 13 | 13 | Fixing G.I sheet i/c cutting | Sqm | 163.75 | 351.46 | (Rupees Fifty-seven thousand five hundred fifty-two and thirty) | 57,552.30 |
| 14 | 14 | G.I Pipe 100 mm (4" Dia) f) 100 mm | Mtr | 64.00 | 2,776.01 | (Rupees One hundred seventy-seven thousand six hundred sixty-four and thirty-six ) | 177,664.36 |
| 15 | 15 | Painting new surfaces (a,) preparing and painting corrugated surface, patent roofing etc two coats. | Sqm | 327.50 | 697.97 | (Rupees Two hundred twenty-eight thousand five hundred eighty-four and ninety-one) | 228,584.91 |
| 16 | 16 | Wiring light or fan point with 1/1.13 (3.029) PVC insulated wire in 19.1mm PVC Conduit 1.50mm thick on surface with switch, ceiling rose/batten holder etc. | Each | 6.00 | 3,120.67 | (Rupees Eighteen thousand seven hundred twenty-four and two) | 18,724.02 |
| 17 | 17 | Wiring mains with 2-1/1.38 (3.036) PVC insulated wire in 19.1mm PVC conduit recessed in the wall as required. | Mtr | 96.99 | 242.36 | (Rupees Twenty-three thousand five hundred six and ninety-eight) | 23,506.98 |
| 18 | 18 | Wiring mains with 3-1/7/1.04 (7/.044) PVC insulated wire in 25 mm PVC Conduit on surface on the wall as required. | Mtr | 60.96 | 525.24 | (Rupees Thirty-two thousand eighteen and seventy-two) | 32,018.72 |
| 19 | 19 | P/F Pati fitting 24 SWG M.S sheet painted with white stone enameled paint complete with choke ECCO/EKKO 40w, holder, starter and tube light 40w. | Each | 9.00 | 1,035.07 | (Rupees Nine thousand three hundred fifteen and sixty-five) | 9,315.65 |
| 20 | 20 | P/F of distribution board 60 Amp 250 volts 6 ways per phase with 1-No incoming circuit breaker 60 Amp 400 volts O/Gang circuit breaker S. P, 6-30 Amps complete with volt meter and indication light on each phase on prepared board | Each | 1.00 | 27,171.79 | (Rupees Twenty-seven thousand one hundred seventy-one and seventy-nine) | 27,171.79 |
| 21 | 21 | Preparing Surface and painting fillets, framing, skirting, pipes gutters and similar linear works not exceeding 152 mm girth | Mtr | 64.00 | 83.35 | (Rupees Five thousand three hundred thirty-four and fifty-three) | 5,334.53 |
| 22 | 22 | Difference of S.R Cement | Bags | 270.00 | 92.01 | (Rupees Twenty-four thousand eight hundred forty-one and seventy-three) | 24,841.73 |
| GRAND TOTAL: | Rs 2,997,347.01 |
CONSTRUCTION OF G.I VEHICLE PARKING SHADE (04 NOS VEHICLES) AT OPERATION SUB DIVISION HESCO DAULATPUR
For Individual Jobs
| # | Job Title | Quantity | Unit Price (PKR) | Total Price (PKR) | Delivery Location | Delivery Period / Year | Country of Origin |
|---|---|---|---|---|---|---|---|
| 1 | |||||||
| 2 |
| # | Lot Title | Total Lot Price (PKR) | Country of Origin |
|---|---|---|---|
| 1 | [Lot 1 Title] |
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The following Special Conditions of Contract shall supplement the General Conditions of Contract. Whenever there is a conflict, the provisions herein shall prevail over those in the Conditions of Contract. The corresponding clause number of the GCC is indicated in parentheses.
Number of GC Clause
Amendments of, and Supplements to, Clauses in the General Conditions of Contract
Number of GC Clause 1
Definitions
The Procuring Agency is: Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
The Supplier is:
The title of the subject procurement is: CONSTRUCTION OF G.I VEHICLE PARKING SHADE (04 NOS VEHICLES) AT OPERATION SUB DIVISION DAULATPUR
Number of GC Clause 2
Applicable/Governing Law:
The Contract shall be interpreted in accordance with the laws of Islamic Republic of Pakistan
Number of GC Clause 3
Language:
The language of the Contract, all correspondence and communications to be given, and all other documentation to be prepared and supplied under the Contract shall be in English.
Number of GC Clause 4
Notices:
The addresses for the notices are:
Procuring Agency:
Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer
Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
+92-337-219-2756
xenhescocivil@gmail.com
Contractor/ Bidder:
[Name, address and telephone number]
The Contractor/ Bidder’s Representative(s)
[Name, address, telephone number and e-mail address]
Number of GC Clause 6.1
The Authorized Representatives are:
For the Procuring Agency:
Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer
Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
+92-337-219-2756
xenhescocivil@gmail.com
For the Bidder:
Name: ………………………………………
Designation: ……………………..
Address: …………………………………………..
Number of GC Clause 7
Effectiveness of the contract
The Contractor/Bidder shall be effective within ….. days from the date of signature of the Contract by both parties
Number of GC Clause 8
Commencement of Contract:
The Contractor/Bidder shall provide Non-Consultancy Services from the effective date of contract.
Number of GC Clause 10.2
Expiration of Contract:
The time period shall be ……………………………
Number of GC Clause 14
Termination
In the event of termination of the contract due to any reason as already defined in the General Conditions of Contract, the Bidder shall be responsible for providing to the Authority the Goods till the time of alternate arrangements.
Number of GC Clause 16
Conflict of Interest:
The Procuring Agency reserves the right to determine on a case-by-case basis whether the Bidder should be disqualified from providing goods or services due to a conflict of a nature described in Clause GCC 17.
Number of GC Clause 20
Liquidated Damages
If the Bidder fails to provide services as required under the contract or in case of any data loss/data breach or any incident compromising the data security or other such failures related to any services, the Bidder shall pay to the Procuring Agency as Liquidated Damages at a rate of 0.05% to 10.00% of the Contract value, in accordance with the extent of performance failure & the cost of investigating such incidents as judged by the Authority.
Number of GC Clause 21
Performance Guarantee:
The amount of performance guarantee shall be 10.00% of the contract price in acceptable form of Bank Guarantee
Number of GC Clause 27
Currency of Payment:
All the payment to be released to the contractor/Bidder shall be in Pakistani Rupees.
Number of GC Clause 28
Payment terms:
Payment will be made to the Bidder against the procured Goods and services according to the actual invoice or running bills submitted by the Bidder against the services provided within the time given in the conditions of the contract.
Number of GC Clause 29
Identifying Defects:
The Authority reserves the right at any time to inspect the premises of the provider to inspect the goods and monitor the goods being provided.
Number of GC Clause 31
Following is the guidance for Dispute Resolution
Notwithstanding any reference to the arbitration herein, the parties shall continue to perform their respective obligations under the Contract.
Rules of procedure for arbitration proceedings:
Any dispute between the Authority and a Bidder shall be referred to arbitration under the laws of Pakistan including Arbitration Act 1940.
Place of Arbitration and Award:
The arbitration shall be conducted in English language and place shall be Islamabad. The award shall be final and binding.
Date: [insert date (as day, month and year)]
Bid No.:P53144
To: Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
We, the undersigned, declare that:
We understand that, according to your conditions, Bids must be supported by a Bid Securing Declaration.
We accept that we will be blacklisted and henceforth cross debarred for participating in respective category of public procurement proceedings for a period of (not more than) six months, if fail to abide with a bid securing declaration, however without indulging in corrupt and fraudulent practices, if we are in breach of our obligation(s) under the Bid conditions, because we:
We understand this Bid Securing Declaration shall expire if we are not the successful
Bidder, upon the earlier of (i) our receipt of your notification to us of the name of the successful Bidder; or (ii) twenty-eight (28) days after the expiration of our Bid.
THIS AGREEMENT made the _____ day of __________ 20_____ between Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
(hereinafter called “the Procuring Agency”) of the one part and [name of Bidder] of [city and country of Bidder] (hereinafter called “the Bidder”) of the other part:
WHEREAS the Procuring Agency invited Bids for provision of goods, viz., CONSTRUCTION OF G.I VEHICLE PARKING SHADE (04 NOS VEHICLES) AT OPERATION SUB DIVISION DAULATPUR (P53144) and has accepted a Bids by the Bidder for the provision of Goods in the sum of [contract price in words and figures] (hereinafter called “the Contract Price”).
NOW THIS CONTRACT WITNESSETH AS FOLLOWS:
1. In this Contract words and expressions shall have the same meanings as are respectively assigned to them in the Conditions of Contract referred to.
2. The following documents shall be deemed to form and be read and construed as part of this Contract, In the event of any ambiguity or conflict between the Contract Documents listed below, the order of precedence shall be the order in which the Contract Documents are listed below:-
3. In consideration of the payments to be made by the Procuring Agency to the Bidder as hereinafter mentioned, the Bidder hereby covenants with the Procuring Agency to provide the Goods related services and to remedy defects therein in conformity in all respects with the provisions of the Contract.
4. The Procuring Agency hereby covenants to pay the Bidder in consideration of the provision of Goods and the remedying of defects therein, the Contract Price or such other sum as may become payable under the provisions of the contract at the times and in the manner prescribed by the contract.
IN WITNESS whereof the parties hereto have caused this Contract to be executed in accordance with their respective laws the day and year first above written.
Signed, sealed, delivered by __________________the ________________ (for the Procuring Agency)
Witness to the signatures of the Procuring Agency:
………………………………………………
Signed, sealed, delivered by __________________the ________________ (for the Procuring Agency)
Witness to the signatures of the Bidder: …………………………………………………
Contract Number: Contract Value: Contract Title:
Dated:
[Name of Supplier] hereby declares that it has not obtained or induced the procurement of any contract, right, interest, privilege or other obligation or benefit from Government of Pakistan or any administrative subdivision or agency thereof or any other entity owned or controlled by it (GoP) through any corrupt business practice.
Without limiting the generality of the foregoing [Name of Supplier] represents and warrants that it has fully declared the brokerage, commission, fee etc. paid or payable to anyone and not given or agreed to give and shall not give or agree to give to anyone within or outside Pakistan either directly or indirectly through any natural or juridical person, including its affiliate, agent, associate, broker, consultant, director, promoter, shareholder, sponsor or subsidiary, any commission, gratification, bribe, finder's fee or kickback, whether described as consultations fee or otherwise, with the object of obtaining or inducing the procurement of a contract, right, interest, privilege or other obligation or benefit in whatsoever form from GoP, except that which has been expressly declared pursuant hereto.
[Name of Supplier] certifies that it has made and will make full disclosure of all agreements and arrangements with all persons in respect of or related to the transaction with GoP and has not taken any action or will not take any action to circumvent the above declaration, representative or warranty.
[Name of Supplier] accepts full responsibility and strict liability for making and false declaration, not making full disclosure, misrepresenting fact or taking any action likely to defeat the purpose of this declaration, representation and warranty. It agrees that any contract, right interest, privilege or other obligation or benefit obtained or procured as aforesaid shall, without prejudice to any other right and remedies available to GoP under any law, contract or other instrument, be voidable at the option of GoP.
Notwithstanding any rights and remedies exercised by GoP in this regard, [Name of Supplier] agrees to indemnify GoP for any loss or damage incurred by it on account of its corrupt business practices and further pay compensation to GoP in an amount equivalent to ten time the sum of any commission, gratification, bribe, finder's fee or kickback given by [Name of Supplier] as aforesaid for the purpose of obtaining or inducing the procurement of any contract, right, interest, privilege or other obligation or benefit in whatsoever form from GoP.
To: Civil Works Divisioin HESCO (Hyderabad Electric Supply Company (HESCO)), Executive Engineer Flate No c-7 Power Wing Colony, Qasimabad, Hyderabad (District), Hyderabad (Division), Sindh (Province).
WHEREAS [name of Bidder] (hereinafter called “the Bidder”) has undertaken, in pursuance of Contract No. [reference number of the contract] dated [insert date] for provision of Goods(hereinafter called “the Contract”).
AND WHEREAS it has been stipulated by you in the said Contract that the Bidder shall furnish you with a Bank Guarantee by a reputable bank for the sum specified therein as security for compliance with the Bidder’s performance obligations in accordance with the Contract.
AND WHEREAS we have agreed to give the Bidders guarantee:
THEREFORE, WE hereby affirm that we are Guarantors and responsible to you, on behalf of the Bidder, up to a total of [amount of the guarantee in words and figures], and we undertake to pay you, upon your first written demand declaring the Bidder to be in default under the Contract and without cavil or argument, any sum or sums within the limits of [amount of guarantee] as aforesaid, without your needing to prove or to show grounds or reasons for your demand or the sum specified therein.
This guarantee is valid until the: [insert date]
Signature and seal of the Guarantors
_____________________________________________________________________
[name of bank or financial institution]
_____________________________________________________________________
[address]
_____________________________________________________________________
[date}
Bidder must submit the past three years of past expericnce of same nature duly signed and stamped by bidder
bidder must submit minmum 3 no of work order and completion certificate of similar nature of workÂ
Bidder must submit the Non Judicial Stamp Paper regarding Non Pending Litigation Cases
(i) The Bidder shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the construction cash flow requirements estimated as 40% of the quoted cost for the subject contract(s), net of the Bidder’s other commitments.
  Â
(ii) The Bidders shall also demonstrate, to the satisfaction of the Procuring agency / Employer, that it has adequate sources of finance to meet the cash flow requirements on works currently in progress and for future contract commitments.
(iii) The bidder must upload income tax returns & audited financial reports for last three years from a recognized firm registered with the Institute of Chartered Accountants of Pakistan (ICAP) to demonstrate the current soundness of the Bidder’s financial position and indicate its prospective long-term profitability.
Minimum average annual construction turnover of equal of the quoted amount for the subject contract, calculated as total certified payments received for contracts in progress and / or completed within the last three (3)years, divided by_____ years
Bidder shall demonstrate Cash or Cash Equivalents equal to 40% of contract value and current contract commitments. In this regard bidder shall provide the bank statements of last six Months.