Services for Provident and Gratuity Funds Management and Compliance

This tender from Pakistan State Oil (PSO) in Karachi invites expert consultancy services for managing Provident and Gratuity Funds. The scope covers drafting trust deeds and rules compliant with multiple laws including the Income Tax Ordinance 2001, Companies Act 2017, Sindh Trusts Act 2020, and SECP regulations. The services also include registration with the Industry & Commerce Department, obtaining necessary NOCs from FBR and Special Branch, tax exemption certificates, and annual audits and income tax returns for the funds. The consultancy will ensure all legal and regulatory requirements are met for Provident and Gratuity Funds at PSO's Renew Energy Head Office in Karachi. This involves detailed coordination with government departments and tax authorities, ensuring smooth registration and compliance processes. The work demands familiarity with trust law, tax regulations, and audit procedures relevant to fund management in Pakistan. Bidders should hold valid PEC categories relevant to consultancy and maintain active FBR/ATL status for the fiscal year 2025-26. It is advisable to prepare all documentation including Call Deposit Receipt (CDR) and ensure compliance with PSO's procurement policies. The tender emphasizes adherence to legal frameworks and timely submission of technical and financial bids. The submission deadline is set for 22 April 2026, with bids to be submitted by the close of business day. The opening will follow as per PSO's schedule. Interested parties should deliver sealed quotations to the designated PSO office address in Karachi, ensuring all procedural requirements are met. Pro-Tip: Carefully review the tender documents for Earnest Money and stamp duty requirements, as these are commonly overlooked but critical for bid acceptance. Also, ensure your firm's registration and tax credentials are up to date to avoid disqualification.