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Fixed Assets Valuation of Sui Southern Gas Company Limited

📌 Tender No: SSGC/SC/PT/14314
Active Tender
⏰ Closing Date:
2026-05-20

Tender Document

Tender Description

Sui Southern Gas Company Limited (SSGC) Karachi is inviting bids for the Fixed Assets Valuation of SSGC as of June 30, 2026. This procurement is managed by the Procurement Department of SSGC and involves a comprehensive valuation exercise covering a wide range of fixed assets including freehold and leasehold land, buildings, roads, gas transmission and distribution systems, compressors, telecommunication equipment, plant and machinery, tools, motor vehicles, furniture, office equipment, computer systems, supervisory control systems, construction equipment, and software. The scope requires a full-scope valuation exercise to be conducted by a registered professional valuer. The valuer must perform survey, identification, verification, measurement, and assessment of asset conditions and remaining useful life based on asset listings provided by SSGC. The valuation should include market value, remaining useful life, and forced sale value. The successful bidder will submit draft valuation reports for management review and final reports in both hard and soft copies with detailed asset particulars. Eligibility criteria include registration/enlistment on Panel 1 and Panel 2 of the approved list of Independent Professional Valuers issued by Pakistan Banks' Association, along with an enlistment letter from PBA confirming capability to value assets of any amount and category. Firms must be active in the FBR Active Taxpayer List (ATL) and provide audited financial statements, proof of incorporation, and relevant tax registrations. The tender was published on **April 29, 2026**, with bids to be submitted online via the EPADS portal by **May 20, 2026 at 11:00 hours**. The bid opening will occur the same day at 11:30 hours online. A fixed bid bond of **PKR 70,000** is required in the form of pay order or demand draft in favor of SSGC. Bidders should ensure all documents are signed, stamped, and uploaded correctly on EPADS. The tender documents include detailed instructions, BOQ, and terms and conditions. A practical tip for bidders is to carefully review the checklist provided by SSGC to ensure all required documents including the physical bid bond, technical literature, and form-X are submitted both physically and electronically before the deadline. Non-compliance with submission requirements or incomplete documentation may lead to rejection of the bid. Timely registration on EPADS and strict adherence to the bid submission process will enhance chances of success.
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