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Bid Security and Payment Method Corrigendum for LG&CD Civil Division Gujrat Tender
Tender No: 8875
Expired Tender
Closing Date:
2026-09-04
2026-09-04
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- Construction & Civil Works / Miscellaneous
- Sector
- Works
- Tender Type
- Works
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- Newspaper
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- Contact Person
- Executive Engineer
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Tender Document
Tender Description
This corrigendum is issued for the information of all concerned contractors regarding the tender notice published and uploaded on PPRA for the Local Government & Community Development Department, Civil Division Gujrat. It specifically addresses the bid security and payment method requirements for the tender with IPL No. 8875 dated 28-08-2026.
The corrigendum clarifies that bidders must submit bid security equal to 5% of the estimated cost only through a Digital Bank Guarantee (e-Bank Guarantee) or a 1 link payment method via the Punjab e-Procurement System. Bidders are required to 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 the 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 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.
Items being procured:
- Specific item list not provided in the notice.
This corrigendum ensures compliance with the updated financial security procedures to facilitate a smooth and transparent bidding process. Contractors should carefully follow these instructions to avoid disqualification.
The tender is managed by the Local Government & Community Development Department, Civil Division Gujrat, located in Gujrat city, Punjab province. Interested bidders should note the submission deadline and ensure all bid securities comply with the new digital payment requirements.
A practical tip for bidders is to coordinate early with their banks to arrange the Digital Bank Guarantee transmission via SWIFT MT760 or 1 link payment method to avoid last-minute issues and ensure timely bid submission.