Rental Vehicles on Framework Rate Basis

Lahore Knowledge Park Company is inviting bids for the rental of vehicles on a framework rate basis in Lahore, Punjab. This procurement is aimed at securing reliable rental vehicles to support the operational needs of the department. The tender requires bidders to be firms, companies, or sole proprietors registered with relevant Registration Authorities and Tax Departments, including Income Tax and Punjab Sales Tax. Items being procured: - Rental Vehicle(s) as per bidding document The contract is a framework agreement based on rates, with the estimated cost of PKR 15,000,000. Bidders must provide a bid security amounting to PKR 300,000 in the form of CDR, Bank Draft, or Pay Order in favor of Lahore Knowledge Park Company. The original bid security instrument must be submitted in an envelope before the e-bid submission deadline. This tender requires bidders to have valid registration with tax authorities and relevant experience in vehicle rental services. The technical bid should be prepared carefully to meet all requirements outlined in the bidding documents. The submission and opening of bids will take place on August 10, 2026, at 11:15 am and 11:45 am respectively, at 15-Abu Bakar Block, New Garden Town, Lahore. Bidders are advised to upload their bids well before the deadline on the E-PADS portal to avoid last-minute issues. The responsibility for timely submission lies entirely with the bidder, and the Lahore Knowledge Park Company will not be held responsible for any technical difficulties. A practical tip for bidders is to ensure the bid security instrument is ready and submitted physically before the deadline, as late submissions will be rejected. Also, carefully review the bidding document specifications to align your offer with the framework requirements and avoid disqualification.