Provision of Bank Guarantee for Sui Southern Gas Company Limited
📌 Tender No: GM/1F/2025
Expired Tender
⏰ Closing Date:
2025-09-16
2025-09-16
Tender Overview
- 📂 Category
- Financial & Insurance Services
- 🏭 Sector
- Services
- 📄 Tender Type
- Services
- ⚙️ Procurement Method
- Direct Payment
- 📨 Submission Method
- Sealed hard copy
- 💰 Estimated Cost
- 2500000
- 🌐 Source Name
- PPRA
Location & Dates
Contact & Websites
Actions
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Tender Description
This tender notice from Sui Southern Gas Company Limited (SSGC) in Karachi invites the provision of a bank guarantee amounting to PKR 2,500,000. The guarantee is to be issued in favor of SSGC as a financial security measure. The bank guarantee must be issued by a reputable bank branch, specifically Hobib Bank Limited, Branch 1178, Saddar Square, Karachi. This financial instrument is critical for ensuring compliance with contractual obligations and safeguarding the interests of SSGC in its operations.
The process involves the submission of a Call Deposit Receipt (CDR) or equivalent bank guarantee document to the SSGC office located at SSGC House, Sir Shah Suleman Road, Gulshan-e-Iqbal, Karachi. The tender requires careful attention to the bank details and the exact amount to avoid disqualification. The financial year 2025-26 compliance includes ensuring the bank issuing the guarantee is ATL/FBR compliant and the guarantee is valid for the required duration.
Bidders should ensure their PEC registration is current and that they meet all FBR requirements for the financial year 2025-26. The Earnest Money must be submitted as per the tender conditions, and all documents should be complete and properly stamped. This tender is a straightforward financial service requirement but demands strict adherence to procedural rules to avoid delays or rejection.
The submission deadline is set for 16th September 2025 at 23:59:59, with the opening of bids scheduled shortly after. All submissions must be delivered physically to the SSGC office at the address mentioned above. Late submissions will not be entertained, so punctuality is essential.
Pro-Tip: Make sure to verify the bank guarantee format and stamp duty requirements as per the latest SSGC guidelines, which are often overlooked and can lead to disqualification. Also, confirm the bank branch code and ensure the guarantee is issued exactly as per tender specifications to avoid any technical disqualification.
