Tender Details
Description / Scope of Work
National Insurance Company Limited (NICL) has invited sealed e-bids for the procurement of parts of OTIS lifts installed at the NICL Building located in Karachi, Sindh. The procurement reference is NICL/Procurement/2026/20 with EPADS reference P61562, and funds for this purchase have been reserved for FY 2026-27. The bidding method adopted is Single Stage-One Envelope using the Least Cost Based Selection (LCBS) technique, in accordance with the Public Procurement Rules, 2004 and related regulations.
All bidders must submit a Bid Security in the form of a Pay Order as specified in the Bid Security section of the bidding document, or alternatively submit a Bid Securing Declaration in the prescribed format. Bidders must be registered on EPADS v2.0 to participate, and eligibility requirements, technical evaluation criteria and required documentation are detailed within the bidding document available on the portal.
Complete e-bidding documents including terms and conditions, specifications and requirements are available on the e-Pak Acquisition and Disposal System (EPADS) at epads.gov.pk. E-bids must be submitted through EPADS v2.0 on or before Monday, August 3, 2026 at 10:30 AM, and will be opened the same day at 11:30 AM. Interested bidders may contact the Assistant Manager Procurement, NICL Building, Abbasi Shaheed Road, Karachi, at +92-300-230-5420 or agha.sumair@nicl.com.pk for further details.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
This is a narrow, low-value spare parts procurement limited to OTIS-brand lift components for a single building, meaning only authorized OTIS dealers or elevator maintenance suppliers with genuine parts access will realistically qualify. Given the item-specific nature, generic trading firms without OEM linkages or after-sales servicing capability are unlikely to compete effectively. It appears to be a one-off maintenance-driven purchase rather than a recurring contract.
Who can bid: The notice does not specify particular licenses, but bidders typically require valid NTN, GST/sales tax registration, and SECP or business registration to qualify for government goods procurement. Given the item is OTIS lift parts, authorized dealership or OEM-linked supply capability is typically expected though not explicitly stated in the extracted text.