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Tender Details
Description / Scope of Work
The Bank of Punjab, Head Office Lahore, invites sealed competitive bids for the acquisition of a Data Security Posture Management (DSPM) Solution under single stage two-envelope bidding procedure as per PPRA rules. The estimated project cost is Rs. 40,000,000 with delivery and installation required at designated sites across Pakistan. The solution must be deployed and operational within 04 to 6 weeks from issuance of the purchase order. Bidders are required to provide comprehensive technical specifications, warranty support details, and delivery schedules as part of their technical proposal. All prices must be quoted in USD and include applicable taxes such as GST and income tax.
Bidders must submit a bid security of 2 percent of the estimated cost through 1Link or Bank Guarantee options digitally via the Punjab e-Procurement Portal. Eligible bidders should possess relevant experience in deploying similar solutions and maintain proper licensing credentials. The bid validity period is 90 days from the closing date. Technical bids will be opened on 04-08-2026 at 11:30 AM following submission closure at 11:00 AM. Non-compliance with specifications or terms and conditions will result in rejection as non-responsive. Late submissions and bids without applicable taxes will be rejected outright.
Bid documents are available free of cost from the PPRA website and Punjab e-Procurement System at https://ep.punjab.gov.pk. Bidders must submit sealed bids on or before 04-08-2026 by 11:00 AM through the e-Procurement Portal using the generated PSID number. Payment shall be made 80 percent upon license delivery and installation, and 20 percent upon issuance of operational acceptance certificate. The Bank reserves the right to annul the bidding process, modify documents, or reject non-compliant bids. Failure to deliver within stipulated timeframes will incur penalties at 0.15 percent of bid value per day.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
Bank of Punjab seeks a DSPM (Data Security Posture Management) software platform for ~Rs.
40M, deployable across Pakistan within 4–6 weeks. This is a critical cybersecurity infrastructure acquisition for a tier-1 financial institution—expect rigorous technical vetting and compliance scrutiny. Pricing in USD creates forex exposure; tight deployment timeline suggests urgent security modernization. Likely one-off strategic purchase, not recurring. Penalty clause (0.15% daily) enforces schedule discipline; 80/20 payment split defers cash realization.
Who can bid: Typically: valid NTN, SECP registration (if applicable), audited financials, and proven track record deploying similar data security solutions in banking/finance. Notice specifies 'relevant experience' and 'proper licensing credentials' (vendor certification/partnership status). No explicit PEC category cited; software acquisition governed by PPRA procurement rules. Digital bid submission via Punjab e-Procurement Portal mandatory.