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Tender Details
Description / Scope of Work
The Bank of Punjab, a major financial institution in Punjab, invites bids for the renewal and upgrade of its GuardSquare XTD RASP (Runtime Application Self-Protection) solution. This procurement involves software licensing and deployment services for mobile application security infrastructure across the bank's designated sites in Pakistan. The estimated contract value is Rs. 25,000,000, and successful completion is required within four to six weeks following issuance of the purchase order. The scope includes delivery, installation, and configuration of renewed and upgraded RASP licenses at all locations specified by the bank, ensuring continuity of runtime protection for the institution's mobile applications.
Bidders must submit a 2% bid security of the estimated cost, equivalent to Rs. 500,000, through 1link or bank guarantee options via the e-Procurement Portal using the generated PSID number. All prices must be quoted exclusively in USD and must include applicable taxes such as GST and income tax, delivery charges, and installation costs. The bidding process follows PPRA rules under a single-stage, two-envelope procedure, with technical bids opening on the same date as the bid security deadline. Bidders are responsible for obtaining all necessary government clearances, permissions, and approvals related to sales tax, custom duties, and other levies.
Bid documents are available free of cost from the PPRA website and the Punjab e-Procurement System at https://ep.punjab.gov.pk. Bids must be submitted digitally on or before 22 October 2026 at 11:00 AM, with technical evaluation commencing at 11:30 AM the same day. The bid validity period is ninety days from the closing date. Payment of 100% will be made only after complete renewal and upgrade of RASP licenses, with payment converted to Pakistani rupees at the exchange rate applicable on the date of invoice submission. Late delivery will incur a penalty of 0.15% of the bid value per day, and failure to meet delivery timelines may result in forfeiture of the 2% bid security.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender, written with AI from the official notice and checked by our quality rules — not part of the official notice. Always confirm details against the original tender document.
This is a specialized software licensing renewal for mobile application security, valued at approximately USD 300,000 equivalent.
The procurement is urgent with a tight 4–6 week implementation window post-award. GuardSquare XTD RASP is a premium solution, suggesting the bank operates mission-critical mobile channels requiring advanced runtime protection. Bidders must be authorized GuardSquare resellers or partners with proven deployment experience. The single-stage two-envelope process and high estimated cost indicate a formal, competitive process with strict compliance requirements and daily delay penalties of 0.15% of contract value.
Who can bid: Bidders must typically be authorized resellers or technology partners of Broadcom/GuardSquare, registered with SECP (for local entities) or equivalent, and hold valid NTN for taxation purposes. Vendors must demonstrate prior experience deploying RASP solutions in financial sector environments and provide evidence of technical and support capability.