Tender for Onboarding of Legal Firm for CERISMA Pvt Ltd

CERISMA Pvt Ltd invites qualified and experienced legal firms to submit bids for providing comprehensive legal advisory and support services. This tender is specifically for onboarding a legal firm to act as retained legal counsel and provide ongoing legal support primarily related to contract and agreement review, regulatory and operational document review, and general legal advisory for Electronic Money Institution (EMI) operations. The services will be delivered to CERISMA Pvt Ltd's Head Office. Items being procured: - Monthly Retainer Fee for legal services (12 units) - Additional Hourly Rate for legal services beyond retainer hours (50 units) The scope includes contract review and advisory, document review, general legal advisory services, retained legal counsel support, regulatory compliance support, corporate governance advisory, and assistance with regulatory filings and approvals. The legal firm will provide day-to-day consultation, review commercial and regulatory documents, advise on compliance with SBP and SECP regulations, and represent CERISMA in legal matters as per the Companies (Appointment of Legal Advisors) Act, 1974. Interested firms must meet technical evaluation criteria including relevant experience with financial institutions, fintech, and regulatory compliance. Proposals must include a technical proposal detailing firm profile, experience, team structure, and approach, as well as a financial proposal quoting a fixed monthly retainer fee covering up to 10 billable hours and an hourly rate for additional hours. The procurement will follow a Single Stage Two Envelope bidding procedure with bids submitted via SAP ARIBA. Bidders must ensure complete and timely submission before the closing date. The contract is initially for one year with possible renewal for up to two additional years based on performance. Termination clauses and confidentiality obligations apply. The submission deadline is 29th September 2026. Bidders are advised to carefully review all instructions and evaluation criteria. Earnest money and bid security requirements apply as per the tender documents. One practical tip for bidders is to ensure all required documents and credentials are complete and verifiable to avoid disqualification during technical evaluation. This tender offers a significant opportunity for legal firms with expertise in financial services law, digital payments, and regulatory compliance to establish a long-term partnership with CERISMA Pvt Ltd, supporting its compliance and operational legal needs in a dynamic regulatory environment.