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Establishment of Bank Branch and ATM Facilities at Quaid-i-Azam University Islamabad

πŸ›οΈ Issuing Authority:Quaid-i-Azam University Islamabad
Expired Tender
⏰ Closing Date:
2025-01-31

Tender Document

Tender Description

Quaid-i-Azam University Islamabad invites reputed scheduled banks to establish a bank branch and install ATM facilities within its campus. This tender focuses on providing accessible banking services to faculty, staff, and students, including online fee collection integration and ATM room construction. The bank will be allocated 1,846 sq. ft. of space adjacent to the university cafeteria. The successful bidder is responsible for constructing ATM machine rooms and security arrangements. The site is located within Islamabad, requiring coordination with the university's Director Works. The bank must ensure seamless integration with the university ERP for online fee reconciliation and provide multiple free banking services to the university community. Bidders must be registered with FBR, hold a minimum State Bank rating of A-1+ short term and AAA/AA+ long term, and audited by a Category A audit firm. A bid security of PKR 200,000 in the form of a Call Deposit Receipt (CDR) and a non-refundable tender fee of PKR 5,000 are mandatory. The minimum monthly rent is fixed at PKR 136 per sq. ft., with a 10% annual increase. The contract term is 10 years, extendable by one year based on satisfactory performance. Proposals must be submitted in sealed envelopes to the Purchase & Store Section of Quaid-i-Azam University by the deadline. The technical and financial bids will be evaluated on services offered, rent, and corporate social responsibility contributions. The bid opening will occur at 11:30 AM on the closing date in the university's Admin Block committee room. Pro-Tip: Ensure your bid includes all mandatory documents and an affidavit of non-blacklisting on stamp paper. Missing any requirement or submitting bids below the minimum rent will lead to outright rejection. Also, carefully review the contract terms regarding rent escalation and security deposit to avoid surprises.
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