Hiring Security Services for Cash Carry Vans at State Life Insurance Corporation Swat Zone

This tender invites qualified security companies to provide cash carry van services for State Life Insurance Corporation's offices and cash counters in Swat, Batkhela, and Temargara. The department requires experienced firms with valid licenses and a minimum five-year track record, preferably with offices in Khyber Pakhtunkhwa. The scope includes secure transportation of daily cash amounts averaging PKR 10-15 million, with spikes up to PKR 50 million during peak periods. Vans must be bulletproof, GPS-enabled with live monitoring and geo-fencing, equipped with CCTV, and staffed by ex-servicemen armed guards, an executive, and a driver. The service provider must maintain a fleet of at least 20 armored vehicles and provide comprehensive insurance coverage. The technical bid evaluation emphasizes company experience, number of contracts, payroll strength, and financial stability. Firms must comply with all regulatory requirements including valid NTN, SECP registration, SST, and Ministry of Interior licenses. The contract period is one year, extendable, with 24-hour service in shifts. Bid security of 2% of the quoted amount is mandatory, submitted via e-PADS and original pay order to the office. The tender follows PPRA rules with online bid submission and opening. Bidders should ensure PEC category compliance and maintain active FBR/ATL status for the 2025-26 financial year. The tender advises careful attention to bid validity of 120 days and submission of all required affidavits and documentation to avoid disqualification. The contract includes penalties for unsatisfactory performance and requires insurance coverage of PKR 500,000 against negligence. Submission deadline is on the bold date of 15 January 2026 at 11:00 AM, with bid opening at 11:30 AM. Physical documents must be delivered to the Office of the Incharge HRA&P, Royal Campus Marghuzar Road, Saidu Sharif, Swat. Bidders must upload bids on e-PADS and attend the online opening session. Pro-Tip: Make sure to verify the latest State Bank SOPs for bulletproof vans and confirm all bid security documents are correctly submitted both online and in hard copy to avoid rejection.