Technology Platform Based Funds and Beneficiary-Level Reconciliation with BISP's Partner Financial Institutions

Benazir Income Support Programme (BISP) Islamabad invites consultancy firms for a technology platform based reconciliation of funds and beneficiary payments with its Partner Financial Institutions (PFIs). This assignment covers two periods: 2010–2019 and 2019–2024, involving multiple PFIs including Habib Bank Limited and Bank Alfalah Limited. The department requires a Chartered Accountant (CA), Cost and Management Accountant (CMA), or Financial Management Consulting Firm with a robust digital platform to manage large-scale transaction data and perform comprehensive reconciliation at both funds and beneficiary levels. The scope includes verifying fund transfers, service charges, penalties, and beneficiary payment validations using configurable matching rules. The firm must ensure data security, compliance with contractual terms, and provide auditable trails for future audits. The work demands multiple dedicated teams, strong IT infrastructure, and coordination to complete within six months from contract signing in Islamabad. Consultants must be registered with ICAP/ICMAP, have at least 10 years of relevant experience, be on the Active Taxpayers List (ATL), and not be blacklisted. PEC registration is not explicitly required but firms should maintain compliance with FBR and ATL for FY 2025-26. The evaluation includes technical and financial proposals submitted via e-PADS, with a minimum technical score of 70% to qualify for financial bid opening. Proposals must be submitted electronically by 1400 hours on 6th April 2026, with technical opening at 1430 hours the same day at BISP Headquarters, F-Block, Pak Secretariat, Islamabad. Hard copies of technical proposals are also required. The submission address is Director (Procurement), Room 136, BISP Headquarters. The firm should prepare for a pre-proposal conference on 25th March 2026 at 1400 hours at BISP. Pro-Tip: Ensure timely registration and familiarity with the e-PADS portal to avoid last-minute technical issues. Also, carefully review the detailed technical evaluation criteria and prepare comprehensive documentation to meet the minimum technical score. Missing any mandatory document or failing to confirm key experts' availability can lead to disqualification.