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Tender Details
Description / Scope of Work
The Institute of Business Administration (IBA), Karachi, invites quotations for the installation of balcony drainage pipe as part of a building renovation project at its main campus on University Road, Karachi, Sindh. The work is described as Renovation-Building with a quantity of 1.00 each, and quotations must be submitted by 14 October 2026 at 5:00 PM. Delivery is to be made to the Stores at IBA Main Campus, University Road, Karachi. The scope of work follows an attached Bill of Quantities (BOQ) and technical drawings, with General Sales Tax (SST) applicable on the installation works.
A mandatory site visit has been scheduled for 12 October 2026 at 3:00 PM at IBA Main Campus; bidders must attend before submitting quotations. Material will be subject to final inspection at delivery. Payment will be made via crossed cheque upon receipt of invoice and delivery of completed work. Liquidity damage at the rate of 2% per month on the actual contract value will be imposed for delayed delivery. The rate quoted is final and subject to no variation. Government taxes, levies and charges will be applied as per SRO at the time of the purchase order. Stamp duty at 0.35% on the total contract value for goods will be levied. IBA reserves the right to accept or reject any quotation, change or remove items, or reduce or enhance quantities without assigning reasons.
Quotations must be submitted to the Purchase Department, IBA Main Campus, University Road, Karachi, by the specified deadline. Advance payment is subject to bank guarantee. The contact details are: telephone 0213810470, extension 2154. All required documents and the completed quotation should be directed to the Purchase Department for processing and evaluation.
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.
IBA Karachi seeks installation of balcony drainage piping for a single campus building renovation.
Scope appears modest (1 item unit) but requires site attendance and technical compliance against BOQ/drawings. Notable: mandatory pre-bid site visit is a gate; 2% monthly penalty for delays; fixed pricing with no escalation allowed; final inspection at delivery. Likely a straightforward mechanical fit rather than complex coordination. Timeline is comfortable (October 2026 close).
Who can bid: Typically requires valid NTN and SECP registration for incorporation. No PEC category stated (not heavy civil construction). No explicit restriction on firm size or prior experience mentioned; however, site visit attendance is mandatory, suggesting preference for local or readily mobilizable bidders. Bank guarantee required for advance payment.