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 Tariff Commission (Ministry of Commerce), Assistant Director
4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
+92-300-927-4013
Naeemarbab@ntc.gov.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.
|
BDS Clause Number |
ITB Number |
Amendments of, and Supplements to, Clauses in the Instruction to Bidders |
A. Introduction |
||
|
1 |
1.1 |
Name of Procuring Agency: National Tariff Commission (Ministry of Commerce) The subject of procurement is: Renovation of NTC Office Building Expected commencement date: Thursday, September 10, 2026 |
|
2. |
2.1 |
Financial year for the operations of the Procuring Agency: 2026-27 Name and identification number of the Contract: P85612 |
| 3. | 3.1 | JV/Consortium or Association Allowed: No Number of JV/Consortium Members: Nil |
B. Bidding Documents |
||
|
4. |
6.2 & 6.4 |
The Bidders may seek clarifications through EPADS v2.0: Clarification Date: Friday, August 21, 2026 |
| 5. | 7.2 |
Any addendum, in case issued, shall be published on National Tariff Commission (Ministry of Commerce) website and on EPADS v2.0. |
C. Preparation of Bids |
||
| 6. |
8.1 |
List of documents required along with the bid:
|
| 7. | 9.1 |
The qualification criteria to establish the supply / production capability of the bidder. see Eligibility Criteria |
| 8. | 11.2 |
|
| 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. |
|
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: 117 Days |
| 14. |
17.1 |
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: |
| 16. | 15.1 |
Alternative Bids to the requirements of the bidding documents will not be permitted. |
D. Submission of Bids |
||
|
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; 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad. Bids that are not submitted on EPADS v2.0 shall be disqualified. The deadline for Bids submission is: Friday, August 28, 2026 11:00 AM |
E. Opening and Evaluation of Bids |
||
|
18. |
24.1 |
The Bids opening shall take place on EPADS v2.0. Day : Friday Date: August 28, 2026 Time : 11:30 AM |
|
19. |
30.2 |
Selection technique adopted will be: Quality and Cost Based Selection (QCBS) |
F. Award of Contract |
||
|
20. |
41.1 & 41.2 |
The Performance guarantee shall: 5.00%. The Performance Guarantee shall be acceptable in the form of: Pay Order, Banker's Cheque, Call at Deposit, Bank Guarantee, Demand Draft |
| 21. | 45.1 |
Arbitrator shall be appointed by mutual consent of the both parties. |
G. Review of Procurement Decisions |
||
|
22. |
37 |
Grievance against this procurement shall be submitted online on EPADS v2.0. |
| Bidder's Type | Required Registration |
|---|---|
| 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) FBR (GSTN) SECP PEC Registrar of Firms |
Quality and Cost Based Selection (QCBS)
Weightage
| Technical Evaluation % | Financial Evaluation % |
|---|---|
| 40 | 60 |
| Technical Marks | 40 | |
|---|---|---|
| Passing Marks | 20 | |
| Technical Evaluation Criteria | ||
| Man Power general and Technical (Quantitative)(Doc Required) 81-100 (10) 41-80 (7) 20-40 (4) | 10 | |
| PEC Construction Category (Quantitative)(Doc Required) C4 (10) C3 (7) C2 (4) | 10 | |
| Succesfull completion of Similar Work (Quantitative)(Doc Required) 08 to 10 Projects (10) 05 to 07 Projects (7) 02 to 04 Projects (4) | 10 | |
| Financial Capacity (Financial Statement) (Quantitative)(Doc Required) 51 to 60 Million (10) 41 to 50 Million (7) 31 to 40 Million (4) | 10 | |
Lot Title : Renovation of NTC office Building
Bid Security : 814284 PKR
| Job | Delivery Schedule | Quantity |
|---|---|---|
| Civil Work |
Address: 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
Schedule: Days 30
Quantity: 1/Qty
|
1/Qty |
| Public health Work |
Address: 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
Schedule: Days 30
Quantity: 1/Qty
|
1/Qty |
| Electric Work |
Address: 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
Schedule: 30 Days
Quantity: 1/Qty
|
1/Qty |
| Dismantling |
Address: 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
Schedule: 30 Days
Quantity: 1/Qty
|
1/Qty |
Yes
Renovation of NTC office Building
| Job | Related Services |
|---|---|
| Civil Work | Removal of debris |
| Public health Work | Removal of debris |
| Electric Work | Removal of debris |
| Dismantling | Removal of debris |
Lot Title: Renovation of NTC office Building
Specifications / Requirements:
| Sr. No | S.No. | Description | Unit | Quantity | Rate | Amount |
|---|---|---|---|---|---|---|
| 1 | 1 | Partition frame work and sheets : Providing and fixing partition, including 1 1/4" x 2" frame work Ply wood 1/2" (12 mm) thick Sheets on both sides as shown on drawings or as approved by the Site Incharge. | Sft. | 6631 | 788.16 | 5226288.96 |
| 2 | 2 | Wooden Flooring Tiles: Providing laying and jointing Premium Quality imported HDF laminated 8mm thick wooden flooring (sustainable certification compliance) of approved color, size, surface finish and having properties of water resistance, UV resistance, stain resistance, scratch resistance, abrasion resistance complying EN 438, including the cost of edging and underlayment (min 2mm polyethylele/EVA, etc, complete in all respect as approved by site Incharge. | Sft. | 4723 | 580 | 2739340 |
| 3 | 3 | Tiles: Providing and laying superb quality porcelain galazed tiles (24”x48”) of Master / Style brand or approved equivalent manufacturer, skirting / dedo of specified size, color and shade with adhesive / bond over ½” thick (1:2) cement plaster that is the cost of matching sealer for finishing the joints, cutting grinding in all respect as approved by site Incharge. | Sft. | 8178 | 550 | 4497900 |
| 4 | 4 | Kitchen Marble Slabs: Providing and laying Chemically Pre- polished 1" thick Marble Slabs of approved quality and color on kitchen shelves laid over 1¼" cement sand 1:3 mortar , setting Slab with Portland cement slurry over cement Concrete, jointing and washing the tiles with matching pigment cement slurry including curing, rubbing and polishing etc, Complete in all respects as shown on drawings or as directed by the engineer. | Sft. | 30 | 1468.6 | 44058 |
| 5 | 5 | Flush Doors: P/F 1-1/2" thick solid flush door comprising of 2.5 mm thick Deodar/Ash/Oak ply with grooves , compressed over 2.5 mm thick commercial ply over 1" thick packing wood in style and rails under proper pressure i.e the cost of nails, tower bolt , handles, glue, sawing charges and lacquar polishing to show the grains of ply properly, sand papering and 3/8" thick matching wooden lapping as approved and directed by the by the engineer | Sft. | 613 | 1108.5 | 679510.5 |
| 6 | 6 | Kitchen Cabinets Wood Work: Providing and fixing for kitchen cabinets wood work comprising of 1x1-1/2" framing and 3/4" thick laminated in shutters and partitions including rubber gaskets, screws, and matt enamel paint on MDF wood panels, hold fasts, cutting, all hardware fittings including catcher or locks, tower bolts, handles etc. complete in all respects as shown on drawings or as directed by the Architect. Patex/al noor sheets | Sft. | 75 | 1842.98 | 138223.5 |
| 7 | 7 | Paint Work: 3 coats of plastic emulsion Paint of approved quality & color including surface preparation by provision of a film with alkali resisting primer on internal plastered walls, as per instructions of the manufacturer, complete in all respects and as approved by the Architect. | Sft. | 14788.48 | 59 | 872520.32 |
| 8 | 8 | Fals Ceiling: Providing and fixing false ceiling comprises of Gypsum board laminated sheet of size 2'x2' of specified design and thickness i/c cost of fixtures i.e galvanized angle 1" x 1" at wall sides, galvanized tee 1¼" x 1"and 1 ½” x 1” both at 4’ c/c ( made of Taiwan CKM or equivalent), hanging with G.I/Copper wire 16 SWG, G.I hook, Rawal Plug etc: complete in all respects as approved and directed by the Engineer | Sft. | 9858.64 | 190 | 1873141.6 |
| 9 | 9 | Roller Window Blinds: Providing and fixing Roller Blinds for windows G.I hook, Rawal Plug etc: complete in all respects as approved and directed by the Engineer | Sft. | 3059.88 | 395 | 1208652.6 |
| 10 | 10 | Glass partitioning : Providing and fixing 12 mm Tempered Glass Partition with frame comprising of aluminum H-section (D48) at top and bottom, all the cost of using approved standard fittings, accessories etc., and hardware any required, as shown on drawings, complete in all respect as per Specifications, as approved by the Engineer. | Sft. | 906.5 | 1500 | 1359750 |
| 11 | 11 | Tempered Glass Partition: Providing and fixing 12 mm Tempered Glass Partition with frame comprising of aluminum H-section (D48) at top and bottom, all the cost of using approved standard fittings, accessories etc., and hardware any required, as shown on drawings, complete in all respect as per Specifications, as approved by the Engineer. | Sft. | 73.5 | 1750 | 128625 |
| 12 | 12 | Work Stations: Providing and fixing Work station Table for Staff and all the cost of using approved standard fittings, accessories etc., and hardware any required, as shown on drawings, complete in all respect as per (Interwood) Specifications, as approved by the Engineer. | each | 30 | 74100 | 2223000 |
| 13 | 13 | New PVC wall panelling /partition: New PVC wall panelling /partition: Providing and fixing PVC Wall Panels for Executive Office all the cost of using approved standard fittings, accessories etc., complete in all respect as approved by the Engineer. AKB hard panel with gola and fitting just on walls | 3093 | 279.5 | 864493.5 | |
| 14 | 14 | Electrical Works: Supplying and erection of specified 2'x2' 36 Watt Panel Square Lights LED/SMD lights, conforming IP20, input voltage 165-265AC volt, frequency 50/60Hz, life span 30000 Hrs, lumens minimum 110 lm/watt, PF 0.70 to 0.90, CRI > 80, color 6500k /4000k/3000k. complete all in respect as approved and directed by the side engineer | Nos | 180 | 18000 | 3240000 |
| 15 | 15 | Electrical Works: Supply installation testing & commissioning of 12 inch dia Exhuast fan as directed by the site engineer | No | 1 | 10000 | 10000 |
| 16 | 16 | Electrical Works: Supply, installation, testing and commissioning wiring and switch to light of fan point with 3 nos. single core 1.5 sqmm PVC insulated 450/750 volts grade solid or standard copper conductor cable in concealed PVC conduit inluding PVC conduit accessories (conduit partly shared) | No | 350 | 3650 | 1277500 |
| 17 | 17 | Labour work: Existing ply wood partition desmentling and waste shifting from site | Nos. | 6631 | 40 | 265240 |
| 18 | 18 | Labour work: Existing false ceiling dismentling and waste shift from site | Nos. | 9859 | 30 | 295770 |
| 19 | 19 | Swerage and Sanitary works: Providing &Fixing of Multi Floor Drain | Nos. | 2 | 1336 | 2672 |
| 20 | 20 | Swerage and Sanitary works: Manholes complete rectangular or circular as described exceeding 2feet deep form inverted to surface ofcover, including main channel set in PCC 1:2:4, 115 mm thick walls. | 1 | 15000 | 15000 | |
| 21 | 21 | Swerage and Sanitary works: Supply andfix manholecast iron cover with frame 450 mm circular or rectangular, exceeding 7.50 kg / each set incement mortar and haunching in concrete as specified. | 1 | 1800 | 1800 | |
| 22 | 22 | Swerage and Sanitary works: Supply and fix sink scullery of stainless steel with single drainage board complete, shallowor deep pattern up to 6000 Sq Cm, super, fixed toconcrete, brick, stone, orwood.(Pak Made) incl fittings accessories etc as required, | 1 | 25000 | 25000 | |
| 23 | 23 | Swerage and Sanitary works: Supply and fix casted grating, chromium plated, 150mm x 150mm. | Each | 2 | 2688 | 5376 |
| 24 | 24 | Swerage and Sanitary works: U PVC Pressure, Pipe 100 mm Dia Class (B) complete "Z" joint with rubber ring (Excluding excavation) S/F | M | 25 | 1622 | 40550 |
| 25 | 25 | Water Suply Work: Sink includingMixer Single Lever (Long Neck) (1900) CP( Rate Only) Mixture and sink master company | No | 1 | 8000 | 8000 |
| 26 | 26 | Water Suply Work: Bib cocks (bass light) plug, round way (low pressure), with galvanized iron or brass lever handle and shouldered tail, screwedfor iron pipe, 15mm Dia supply and fixing. Master or equalivant | No | 2 | 2500 | 5000 |
| 27 | 27 | Water Suply Work: Providing & Fitting of ¾" Dia PPRC Pipe, Complete in all respects, including all connection accessories. Pipe and accessories master company. | M | 20 | 900 | 18000 |
| 28 | 28 | Gass Supply Work: Gas cookingrange 5burner 34" double door complete with thermostat oven/grill and rotisserie tempered (heat proof) crystal glass S/F | No | 1 | 45750 | 45750 |
| 29 | 29 | Gass Supply Work: Providing & Fitting of 1" Dia G.I Pipe, Complete in all respects. | M | 25 | 1265.25 | 31631.25 |
| GRAND TOTAL: | Rs 27,142,793.23 |
National Tariff Commission (NTC) invites E-bids from well-reputed firms who must be registered with relevant tax authorities (NTN & GST) and registered with Pakistan Engineering Council having valid Registration Certificate, having setup in Islamabad/Rawalpindi.
|
S.No |
Description |
|
1. |
Civil Work |
|
2. |
Public Health Work |
|
3. |
Electric Work |
|
4. |
Dismantling |
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] |
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 Tariff Commission (Ministry of Commerce), Assistant Director 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
The Supplier is:
The title of the subject procurement is: Renovation of NTC Office Building
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 Tariff Commission (Ministry of Commerce), Assistant Director
4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
+92-300-927-4013
Naeemarbab@ntc.gov.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 Tariff Commission (Ministry of Commerce), Assistant Director
4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
+92-300-927-4013
Naeemarbab@ntc.gov.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 0.50% to 1.00% 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 5.00% of the contract price in acceptable form of Pay Order, Banker's Cheque, Call at Deposit, Bank Guarantee, Demand Draft
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.
For being Brand New, bearing relevant reference numbers of the equipment (Certificate from supplier)
For Physical Fitness having No Damages (Certificate from supplier)
For the Country of Origin as quoted by the Supplier (Certificate from manufacturer)
For conformance to specifications and performance parameters, through Prior to delivery inspection (Inspection Report by Procurement Committee / Inspection Team)
For successful operation at site after complete installation, testing and commissioning of the equipment (Installation, Testing and Commissioning Report by Procurement Committee / Inspection Team)
Copies of the Supplier’s invoice showing Goods’ description, quantity, unit price, and total amount;
Original and two copies of the usual transport document (for example, a negotiable bill of lading, a non-negotiable sea waybill, an inland waterway document, an air waybill, a railway consignment note, a road consignment note, or a multimodal transport document) which the buyer may require to take the goods;
Copies of the packing list identifying contents of each package;
Insurance Certificate;
Manufacturer’s or Supplier’s Valid Warranty Certificate;
Inspection Certificate issued by the Nominated Inspection Agency (if any), and the Supplier’s Factory Inspection Report;
Certificate of Origin.
The above documents would be required even if the equipment has already been imported and is available with the supplier ex-stock
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.:P85612
To: National Tariff Commission (Ministry of Commerce), Assistant Director 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
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 Tariff Commission (Ministry of Commerce), Assistant Director 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
(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., Renovation of NTC Office Building (P85612) 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 Tariff Commission (Ministry of Commerce), Assistant Director 4th Floor, State Life Building No. 5, Jinnah Avenue, F6/4, Islamabad.
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}