Tender Details

Country: United Kingdom
Summary: Managing Operations of British High Commission Staff Provident Trust Fund in Pakistan
GBT Ref No: 117533767
Deadline: 22 Apr 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 115000
Notice Type: Tender
Document Ref. No.:
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Description:
The British High Commission Staff Provident Trust Fund (in Pakistan) is a contribution-based investment fund with the purpose of making provision for employees in the event of their retirement, or their services coming to an end earlier than retirement age. The Fund adheres to The Provident Funds Act, 1925. All Country Based members of staff (after a qualifying period of service) are eligible to be members. The market value of the Fund as of December 2024 is Pakistani Rs. 2.940 Billion. The objective of this tender exercise is to identify a competent Service Provider, who can manage the BHC Staff Provident Trust Fund for a period of up to five (5) years commencing from 1 September 2025, ensuring good governance, compliance with relevant statutory requirements and provision of efficient services to the members of the Trust at all times. The Contract shall commence on 1st September 2025 and will be initially for a period of Three (3) years. It will have provision for further Two (2) year extension, subject to satisfactory performance provided by the selected supplier and continued business requirement at the BHC in Islamabad (Pakistan). An Early Market engagement is being planned on 23rd April 2025. Suitable and interested suppliers are invited to participate in the virtual market engagement session. The prime objective of organising this session is to share our tentative requirements and gain understanding of what can be provided or achieved by the players in the Local Market....
Documents:

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Managing Operations of British High Commission Staff Provident Trust Fund in Pakistan - Greatbritain Tender

The FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE, a Government sector organization in United Kingdom, has announced a new tender for Managing Operations of British High Commission Staff Provident Trust Fund in Pakistan. This tender is published on GreatbritainTenders under GBT Ref No: 117533767 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-04-22.

The estimated tender value is GBP 115000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.