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Disposal of Shredded Waste Material of Currency Notes at SBP BSC North Nazimabad

📌 Tender No: ITB No. GSU (Proc. Unit) / Shredded Waste SBP BSC NN/404520/2026
Active Tender
⏰ Closing Date:
2026-06-02

Tender Document

Tender Description

The SBP Banking Services Corporation North Nazimabad Office Karachi is procuring services for the disposal of shredded waste material of currency notes. This procurement is specific to the Karachi office and involves the complete management of shredded currency waste removal and disposal. The scope includes deputation of laborers for packing and sealing shredded waste daily, provision of good quality bags and plastic seals, arrangement of vehicles for waste disposal within 24 hours of notification, and ensuring proper clearance of the designated area. The contractor is responsible for weighing, loading, unloading, and safe disposal of the shredded waste. Police verification of laborers and compliance with labor laws including EOBI and health insurance are mandatory. The contractor must also ensure safety of employees and bank property and report any discrepancies confidentially. Eligibility criteria require bidders to be registered with tax authorities and appear on the FBR active taxpayers list, not be blacklisted or debarred by any organization including NACTA, and submit a security deposit of Rs. 300,000 along with the technical bid. The bid validity period is 180 days. The submission deadline is **June 2, 2026 at 3:00 PM** at the SBP BSC North Nazimabad office. Bids will be opened the same day at 3:30 PM. A practical tip for bidders is to ensure all required documents including security deposit and tax registration are complete and submitted timely to avoid rejection. Attending the pre-bid meeting is encouraged to clarify any technical or procedural queries. The contract duration is initially one year with possible extension. The bidder must be prepared to comply fully with all terms and conditions including timely removal of waste and adherence to safety and labor regulations. This tender offers a valuable opportunity for qualified service providers to engage with a prestigious government institution and contribute to efficient waste management in Karachi.
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