Hiring of Vehicle Rental Services for Pakistan Institute of Development Economics

This tender invites bids for hiring vehicle rental services across Pakistan for the Pakistan Institute of Development Economics (PIDE) located in Islamabad. The department requires reputable firms or contractors registered with income tax and sales tax authorities to provide reliable vehicle services on a rental basis for one year under a Close Framework Agreement. The scope includes supplying vehicles suitable for official use, ensuring timely availability and maintenance. The procurement will be conducted through the e-Pak Acquisition & Disposal System (E-PADS), facilitating a transparent and efficient bidding process. The technical and financial bids will be submitted in a single envelope, simplifying the submission procedure. Bidders should ensure compliance with PEC registration where applicable and maintain active FBR ATL status for the fiscal year 2025-26. It is advisable to prepare the Earnest Money in the form of a Call Deposit Receipt (CDR) as per PPRA rules. Firms must be fully registered and tax compliant to avoid disqualification. The submission deadline is set for 11:00 AM on the 29th of January, 2026, with bid opening scheduled 30 minutes later at the office of the Chairman, Purchase Committee, PIDE, Islamabad. All submissions must be made through the E-PADS online portal, ensuring adherence to the stipulated timelines and procedures. Pro-Tip: Make sure to register early on the E-PADS portal and attend any available training sessions to avoid last-minute technical issues. Also, double-check the tender documents for specific Earnest Money and stamp duty requirements, which are often overlooked and can lead to disqualification.