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).
National Bank of Pakistan (Engineering), Senior Vice President
Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
+92-213-890-2590
teemar@nbp.com.pk
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 National Bank of Pakistan (Engineering) The subject of procurement is:Â CONSTRUCTION OF TWO CHAMBERS FOR 02 NEWLY APPOINTED SVP AT 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI. Expected commencement date: Wednesday, September 30, 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: P80368Â |
| 3. | 3.1 | JV/Consortium or Association Allowed: No Number of JV/Consortium Members: Nil |
B. Bidding Documents |
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4. |
6.2 & 6.4 |
The Bidders may seek clarifications through EPADS v2.0: Clarification Date: Friday, August 28, 2026 |
| 5. | 7.2 |
Any addendum, in case issued, shall be published on National Bank of Pakistan (Engineering) 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: No |
| 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: 150 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: Pay Order, Banker's Cheque, Bank Guarantee  |
| 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; Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi Bids that are not submitted on EPADS v2.0 shall be disqualified. The deadline for Bids submission is: Tuesday, September 1, 2026 11:30 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 September 01, 2026 Time : 12:00 PM |
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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: 0%. The Performance Guarantee shall be acceptable in the form of:Â Nil |
| 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 |
|---|---|
| Sole Proprietorship Partnership Firm Company (Private Limited) | NADRA CITIZENSHIP (CNIC/NICOP) FBR (NTN) FBR (GSTN) PEC |
| Eligibility Criteria | Document |
|---|---|
| Sindh Revenue Board (SRB) | Yes |
Least Cost Based Selection (LCBS)
Jobs Without Lots :
| Job | Delivery Schedule | Quantity | Bid Security |
|---|---|---|---|
| CONSTRUCTION OF TWO CHAMBERS FOR 02 NEWLY APPOINTED SVP AT 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI. | Address: 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI. Schedule: 45 days Quantity: 1/job |
1/job | 65000 PKR |
No
Jobs Without Lots :
Job: CONSTRUCTION OF TWO CHAMBERS FOR 02 NEWLY APPOINTED SVP AT 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI.
Specifications / Requirements:
| Sr. No | Ref. No. | Description | UNIT | QTY | RATE | AMOUNT |
|---|---|---|---|---|---|---|
| 1 | Â | CIVIL WORKS | Â | Â | Â | Â |
| 2 | Â | a) Dismantling/removing of existing constructed structures with all necessary precautionary measures, including but not limited to block masonry, RCC slab,dado/floor tiles, wooden/glass door, furniture, MS /wooden windows and doors, wooden cabinets wooden partition,aluminum window /door / tiles, Gypsum/wooden false ceiling, AC / Electrical/Plumbing fittings /fixtures or any other items which are required to be demolished /dismantled/removed; complete in all respects; including labor, tools, equipment etc.b) Shifting and stacking of all necessary dismantled/demolished/ removed material / fixtures / fittings etc. or official documents as per Serial (a) above; to designated location within or outside the existing premises of work in Karachi as per the discretion of the Employer with all necessary precautionary measures, including transportation, labor, equipment and loading / unloading, complete in all respects.c) Disposal of surplus unused/unwanted/broken stuff, material, garbage, debris etc. from the site, complete in all respects; and throwing the same outside the Municipal Limits as per the discretion and instructions of the Employer including transportation, labor, equipment and loading / unloading, complete in all respects. | Job | 1 | 50000 | 50000 |
| 3 | Â | Providing and laying floors of Porcelain tiles 1200mm X 600mm (grit white) 11mm thick of Roka Ceram tile imported made (China or equivalent including base mortar (2-1/2" average) thick C.C and matching colour grouting, cement slurry for fixing of tiles, complete in all respects as per drawings, specifications and as directed by the Engineer. | Sft. | 380 | 650 | 247000 |
| 4 | Â | Providing and laying floors of Porcelain Skirting 4 inch (grit white) 11mm thick of Roka Ceram tile imported made (China or equivalent including and matching colour grouting, cement slurry for fixing of tiles, complete in all respects as per drawings, specifications and as directed by the Engineer. | Rft | 100 | 250 | 25000 |
| 5 | Â | Providing and fixing 12mm thick imported clear glass partition using 1-3/4" x 3-3/4" OAK wood H section with lacquer polished top and bottom frame including imported glitter frosted paper Bank's approved design complete in all respects. | Sft | 252 | 1850 | 466200 |
| 6 | Â | P/fixing Frost Paper approved shade best quality etc. including labor transportation etc. complete in all respect. | Sft | 250 | 180 | 45000 |
| 7 | Â | Providing and fixing floor mounted machine make by Khas, Makita or equivalent, including labor, transportation, equipment etc. Complete in all respect. | Nos | 2 | 17500 | 35000 |
| 8 | Â | P/Fixing D-lock for glass door make by Khas or equivalent, including labor, transportation, equipment etc. Complete in all respect. | Nos. | 2 | 5500 | 11000 |
| 9 | Â | P/fixing S.S door handle make by Khas or equivalent premium quality including labor etc. Complete in all respect. | Pair | 2 | 6000 | 12000 |
| 10 | Â | P/fixing S.S patch fitting for Glass door make by Khas or equivalent premium quality including labor etc. Complete in all respect. | Nos. | 2 | 4000 | 8000 |
| 11 | Â | Providing and fixing imported synthetic fibre roller blind approved shade make by T.W or equivalent best quality with aluminium rail/pipes, heavy machine, complete hardware etc. including labor, transportation etc. as directed by incharge engineer, Complete in all respect. | Sft | 64 | 650 | 41600 |
| 12 | Â | Providing and making bulkhead using 2" x 2" partal wooden frame @ 2' c/c horizontal and vertical with 3/4" thick imported MDF complete in all respect. | Sft | 250 | 600 | 150000 |
| 13 | Â | Providing and applying Three coats of ICI deluxe/ Gobis or equivalent matt paint after scraping, sand papering, plain surface at any height, complete with all material labour, equipment scaffolding etc. as per entire satisfaction of Engineer Incharge. | Sft | 1000 | 60 | 60000 |
| 14 | Â | Providing and fixing plain 1/2" thick Gypsum board false ceiling size (2'-00x2'-00) with aluminum refter hinging system with black groove including cost of labor, material as per drawings and instruction of the Executive Engineer complete in all respects. . | Sft | 60 | 240 | 14400 |
| 15 | Â | Providing and laying 4", 5" / 6" thick block masonry wall at any height set in (1:3) cement sand mortar including lifting, scaffolding, curing etc. complete in all respect and as directed by in-charge Engineer. | Sft | 10 | 250 | 2500 |
| 16 | Â | P/L 1/2" thick cement sand plaster 1:4 to walls making edges and corners, preparation of surface before plastering, finishing scaffolding, curing etc., complete in all respect and as directed by the Consultant. | Sft | 40 | 150 | 6000 |
| 17 | Â | Providing and fixing plain 1/2" thick Gypsum board false ceiling (as per Bank's approved design. Gypsum false ceiling with aluminum suspension system as per manufacturer's specifications including three coats of matt finish paint cost of tapes, filling of joints including all wastage & internal & external sides etc. (flat measurements will be taken at the time of billing). complete in all respects | Sft | 320 | 400 | 128000 |
| 18 | Â | ELECTRICAL WORKS | Â | Â | Â | Â |
| 19 | Â | Circuit Wiring (For Switchboard) | Â | Â | Â | Â |
| 20 | Â | From DB to Switch Board to be wired with 3x2.5 sq.mm S/C wire in 20 mm dia heavy duty PVC conduit complete in all respect | Nos. | 4 | 8500 | 34000 |
| 21 | Â | Circuit Wiring (For AC) | Â | Â | Â | Â |
| 22 | Â | Same as bove but wired with 3x 4mm sq. wire for Air-consitioners | Nos. | 2 | 28000 | 56000 |
| 23 | Â | Point wiring | Â | Â | Â | Â |
| 24 | Â | From swicth board to 1st point with 1.15mm sq. S/C wire from piano switch and 1x2.5mm sq. wire common nuetral in 20mm dia heavy duty PVC conduit, recessed in walls, columns slabs, floors, or fixed at ceiling. | Nos. | 8 | 4250 | 34000 |
| 25 | Â | Point to point wiring | Â | Â | Â | Â |
| 26 | Â | Same as the above but from frist point to 2nd point and onwards | Nos. | 10 | 1500 | 15000 |
| 27 | Â | Data Points /outlets | Â | Â | Â | Â |
| 28 | Â | Wiring for Each Data Point from Communication Rack (Patch Panel) to Each Data Point on wall or in M.S floor Outled box with 4 Pairs Cat. 6E 23 AWG cable in 20 mm dia. Heavy duty PVC conduit recessed in walls, coumns, slabs, floors or above false ceiling with all necessary fixing accessories as requried as per site condui, complete in all respects. | Rft | 60 | 110 | 6600 |
| 29 | Â | Voice Point/Outlets | Â | Â | Â | Â |
| 30 | Â | Wiring for Each voice point from Telephone Junction Box to Each telephone point on wall or in M.S floor outlets box or in Data Cabinet/Communication (Wall Mounted or Floor Standing) with 4 pair Cat. 6E 23 AWG cable in 20 mm dia. Heavy duty PVC conduit recessed in ealls, columns, slabs, floor or above false ceiling with all necessary fixing accessories as requried as per site condui, complete in all respect | Rft | 60 | 110 | 6600 |
| 31 | Â | Drop Cords 1 meter | Nos. | 2 | 1600 | 3200 |
| 32 | Â | Patch Cord 3 meter | Nos. | 2 | 2600 | 5200 |
| 33 | Â | 13A Duplex SSO - 3 Pin Flat type / Universal type (for UPS Power) | Nos. | 8 | 2460 | 19680 |
| 34 | Â | Same as item No. E-9 but Simplex SSO (for Normal Power) | Nos. | 2 | 2450 | 4900 |
| 35 | Â | Dual Face Plate with I/Os (1x RJ45 and 1xRJ11) | Nos. | 2 | 5100 | 10200 |
| 36 | Â | Network I/Os | Nos. | 8 | 1190 | 9520 |
| 37 | Â | Surface mounted LED Light 6" - 12w | Nos. | 10 | 1620 | 16200 |
| 38 | Â | FURNITURE | Â | Â | Â | Â |
| 39 | Â | SENIOR EXECUTIVE ROOM FURNITURE (SVP) | Â | Â | Â | Â |
| 40 | Â | Senior executive table size 5'x3'x2'-6" Supply of Executive table made with Oak veneered & Oak wood with oak wooden edges walnut smoke finish or equivalent approved design and also may option of worktop wrapped with leatherite and lipping paste with machineries,polish should be done with lacquer imported wooden polished machines lacquer polish with front paneling etc. complete in all respect as per approved & standard design TFPC or equivalent design | Nos. | 2 | 63000 | 126000 |
| 41 | Â | Mobile drawer unit for Senior Executive table Mobile drawer unit of above same material & quality finish having 3 drawer unit best channel, lock, handles & lacquer polish unit etc. Complete in all respect as approved & standard design TFPC or equivalent approved design. | Nos. | 2 | 12000 | 24000 |
| 42 | Â | Senior Executive Side Rack size 42"x28"x16" Supply of senior executive side rack made with Oak veneered & Oak wood with oak wooden edges with hyduralic machine press & Oak wood with oak walnut smoke finish and lipping or equivalent approved polish lipping paste with machineries,polish should be done with lacquer imported wooden polished machines color having 2 upper shelfs / drawers on top and two openable shutter, CPU & key board tray and equipped with cable / power management with best quality channels, lock, handles, hinges and lacquer polish etc. complete in all respect as per approved & standard design of TFPC or equivalent approved design | Nos. | 2 | 20000 | 40000 |
| 43 | Â | Senior Executive Credenza Supply of senior executive credenza size 5'x16"x28" made with Oak veneered & Oakwood with oak wooden edges walnut press with machines smoke finish and lipping using with machins equivalent approved polish color having four (04) openable shutter of equal size upto 3" thick base quality lock, hinges, handles and lacquer polish etc. complete in all respect as per approved & standard design of TFPC or equivalent approved design | Nos. | 2 | 30000 | 60000 |
| 44 | Â | Sofa Set Two Seator . Supply of two seator sofa Chesterfield with arms made of upholstered with approved Master Molty foam and leatherier with inner structure made of solid wood, commercial ply and legs etc. complete in all respect as per approved, standard design & size of TFPC or equivalent approved design | Nos. | 2 | 20000 | 40000 |
| 45 | Â | Side Table Supply of side table traditional design & size or equivalent made with Oak veneered & Ash wood with oak wooden edges walnut smoke finish or equivalent approved polish color & design legs with lacquer polish fine grains etc. complete in all respect as per approved & standard design of TFPC or equivalent approved design | Nos. | 2 | 15000 | 30000 |
| GRAND TOTAL: | Rs 1,842,800.00 |
CONSTRUCTION OF TWO CHAMBERS FOR 02 NEWLY APPOINTED SVP AT 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI.
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] |
Â
Â
Â
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: National Bank of Pakistan (Engineering), Senior Vice President Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
The Supplier is:
The title of the subject procurement is: CONSTRUCTION OF TWO CHAMBERS FOR 02 NEWLY APPOINTED SVP AT 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI.
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:
National Bank of Pakistan (Engineering), Senior Vice President
Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
+92-213-890-2590
teemar@nbp.com.pk
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:
National Bank of Pakistan (Engineering), Senior Vice President
Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
+92-213-890-2590
teemar@nbp.com.pk
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 0.01% 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 0% of the contract price in acceptable form of Nil
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.
Copies of the Supplier’s invoice showing Goods’ description, quantity, unit price, and total amount;
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.:P80368
To: National Bank of Pakistan (Engineering), Senior Vice President Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
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 National Bank of Pakistan (Engineering), Senior Vice President Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
(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 TWO CHAMBERS FOR 02 NEWLY APPOINTED SVP AT 4TH FLOOR, ITG BLOCK NBP HEAD OFFICE, BUILDING KARACHI. (P80368) 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: National Bank of Pakistan (Engineering), Senior Vice President Office of the Departmental Head (O) Tender, 3rd Floor, NBP Head Office Building, I.I Chundrigar Road, Karachi
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}