Establishment and Operation of Foreign Currency Exchange Booth at Jinnah International Airport Karachi

This tender invites qualified companies and firms to establish, operate, and maintain a Foreign Currency Exchange Booth at Jinnah International Airport Karachi. The concession includes a small cubicle located inside Room No. 2314 at Level-VI, Concourse Area (Eastern Side), Jinnah Terminal. The contract period is five years or until the earlier termination date, with a 10% annual cumulative enhancement on the monthly reserve price of Rs.2,796,431. Karachi-based Pakistan Airports Authority (PAA) seeks experienced bidders with strong financial backgrounds and good reputations to ensure smooth currency exchange operations at this busy international airport. The scope involves managing foreign currency exchange services in a high-traffic airport environment, requiring compliance with regulatory standards and efficient customer service. The site's location inside the terminal demands attention to security, accessibility, and operational efficiency. Bidders must prepare separate sealed technical and financial bids, ensuring all documentation is complete and submitted on time. The tender process emphasizes transparency and fairness, with technical bids opened publicly and financial bids considered only for technically qualified bidders. Bidders should ensure they meet all compliance requirements, including valid NTN certificates and CNIC copies, and be prepared for Advance Income Tax deductions under Section 236-A of the Income Tax Ordinance 2001. It is advisable to verify FBR/ATL status and ensure no outstanding dues with PAA to avoid disqualification. The tender also requires a non-refundable payment of Rs.5,000 for the tender documents. Familiarity with the financial year 2025-26 regulations and PEC categories is beneficial for smooth participation. The submission deadline is **24-02-2026** by **11:00 hrs**, with technical bids opening at **11:30 hrs** on the same day. All bids must be dropped in the designated box at the Main Conference Room, Level-VI, Jinnah Terminal, JIAP Karachi. Late or conditional bids will be rejected. The office of the Officer In-charge, Commercial, JIAP Karachi, is the point of contact for clarifications and document collection. Pro-Tip: Make sure to check the newspaper advertisement carefully for specific stamp duty and Earnest Money requirements, as these are often overlooked and can lead to disqualification. Also, clear any outstanding dues with PAA before financial bid opening to avoid automatic rejection.