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Bid Security and Payment Method Corrigendum for LG&CD Civil Division Gujrat Tender

Tender No: 8784
Expired Tender
Closing Date:
2026-08-30

Tender Document

Tender Document

Tender Description

This corrigendum informs all concerned contractors about important updates to the tender notice published and uploaded on PPRA under tender number 8784 dated 23-08-2026 for works under the Local Government & Community Development Department, Civil Division Gujrat. The key updates relate to the Bid Security and payment methods. Bidders are now required to submit Bid Security equal to 5% of the estimated cost exclusively through a Digital Bank Guarantee (e-Bank Guarantee) or via 1 Link payment method through the Punjab e-Procurement System. The bidder must generate the PSID from the e-Procurement Portal and arrange for the scheduled bank to issue and transmit the Digital Bank Guarantee through SWIFT MT760 or 1 Link payment method in favor of the Executive Engineer LG&CD Civil Division Gujrat. Physical bid securities such as CDR, Pay Order, Demand Draft, etc., will not be accepted. Bids submitted without a valid Digital Bank Guarantee or online payment will be rejected. Additionally, the issuing bank must transmit the Bank Guarantee through SWIFT MT760 or 1 Link payment to the designated advising bank with the correct Tender Reference Number and PSID. Other terms and conditions remain unchanged as previously published in the original tender notice and on the PPRA website for the LG&CD Department, Civil Division Gujrat. Items being procured: Specific item list not provided in the notice. This corrigendum is crucial for bidders to ensure compliance with the updated bid security submission process. Contractors should carefully follow the digital payment instructions to avoid disqualification. The tender is located in Gujrat, Punjab, under the Local Government & Community Development Department's Civil Division. The deadline for submission remains as originally stated, and bidders should verify the exact closing date from the original tender notice. A practical tip for bidders is to initiate the Digital Bank Guarantee process early with their bank to ensure timely issuance and transmission, as delays in digital processing can affect bid acceptance.
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