Proposals for Insurance of Vehicles / Motor Cycles...

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Proposals for Insurance of Vehicles / Motor Cycles &

Bankers Blanket Insurance, Fire & Terrorism Insurance of Assets &

Lockers

Installed at Islamabad Branch

SME Bank Ltd. invites sealed bids from reputed insurance companies for comprehensive

insurance of official Vehicles / Motor Cycles & Bankers Blanket Insurance, Fire & Terrorism

Insurance of Assets & Lockers installed at Islamabad Branch only for the period 01.01.2018 to

31.12.2018. TORs containing the detailed terms and conditions can be downloaded from the

website of SME Bank Ltd and PPRA.

www.ppra.org.pk & www.smebank.org

Last date for submission of sealed tender is 28.11.2017 up to 3.30 pm and will be opened on the

same day at 4.00 pm In the presence of bidders who wish to attend.

Hafiz Muhammad Ashfaq Head Services Division Head Office, 56-F, Nazimuddin Road, Blue Area, Islamabad. Ph.051-9221918 Cell Number: 0334-4178119 Email: [email protected]

http://www.ppra.org.pk/

http://www.smebank.org/

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Organization Name : SME Bank Ltd.

Address : 56-F, Nazim-ud-din Road, F/6/1, Blue Area

City : Islamabad

Tel No. : 051-9217000

Fax No. : 051-9217001

Receipt No : Xxxxx

Tender No : SME-2017011

Description : Insurance of official Vehicles / Motor Cycles & Bankers

Blanket Insurance, Fire & Terrorism Insurance of Assets &

Lockers installed at Islamabad Branch

Remarks :

Advertisement Date : 10.11.2017

Closing Date : 28.11.2017

Closing Time : 03:30 PM

Opening Time : 04:00 PM

Tender Documents :

Estimated Cost :

Tender Nature : National

:

Earnest Money : Rs 30,000/-

:

Bid Validity : 90 days

Remarks :

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Tender Document

INSURANCE OF OFFICIAL VEHICLES / MOTOR CYCLES & BANKERS BLANKET INSURANCE, FIRE & TERRORISM INSURANCE OF ASSETS & LOCKERS INSTALLED AT ISLAMABAD BRANCH A brief introduction of the SME Bank ltd.

SME Bank Ltd. is Government owned bank & working under the Ministry of Finance, Government of

Pakistan. The SME Bank was formed and incorporated as a public limited company under the

Companies Ordinance 1984. The Government of Pakistan is the major Shareholder of the bank. As part

of financial sector restructuring program of Government of Pakistan, Regional Development

Finance Corporation (RDFC) and small Business Finance Corporation (SBFC) were amalgamated into SME

Bank Ltd effective January 1, 2002.

SME bank Ltd was established to exclusively cater to the needs of the SME sector. It was created to

address the needs of this niche market with specialized financial products and services that will help

stimulate SME development and pro poor growth in the country.

It is intimated that only registered suppliers, who are on Active Taxpayer List (ATL) of FBR, are eligible to

supply the goods/services to Government Departments.

Hafiz Muhammad Ashfaq Head Services Division Head Office, 56-F, Nazimuddin Road, Blue Area, Islamabad. Ph.051-9221918 Cell Number: 0334-4178119 Email: [email protected]

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1 Invitation to bid SME Bank Ltd. intends to invites tender for Insurance of official Vehicles / Motor Cycles & Bankers Blanket Insurance, Fire & Terrorism Insurance of Assets & Lockers installed at Islamabad Branch only. Companies/firms/ individuals who are registered with Income Tax and Sales tax department & who are on Active Tax Payers list of FBR are eligible for provision of services to SME Bank Ltd.

2 Instructions to bidders General

a. Income Tax, Sales Tax and all other applicable taxes shall be deducted in accordance with the law.

b. Bids once submitted cannot be withdrawn. If a bidder withdraws from the bidding process after submission of bid the Bank reserves the right to forfeit the earnest money.

c. Bidder shall be responsible to treat this Tender Document and information gathered during bidding process as “Private” and “Strictly Confidential”. The bidder shall not publish or disclose any information concerning the task without seeking special written permission of SME Bank Limited.

d. Any bidder submitting incomplete information shall be disqualified from the bidding process.

e. Any bidder submitting false, incorrect or inaccurate information shall be automatically disqualified from the bidding process.

f. Any effort by the bidder to influence SME Bank Ltd., directly or indirectly may result in the rejection of the bidder's offer.

g. Pages of every section of the bid must be numbered and signed by the Bidders nominated authorized signatory. The representative of the bidding firm shall furnish a proof of authorization to sign the bids, in the form of a written Power-of-Attorney, which shall accompany the Bid.

h. SME Bank reserves the right to reject any or all quotations, without assigning any reason thereof.

i. The Bank will not be responsible for any costs or expenses incurred by bidders in connection with the preparation or delivery of bids.

j. Insurance Companies are requested to mention the deductible in percentage for comparison purpose. All other terms & condition should be clearly spelled out in the proposal

k. Insurance cover will be for lockers allotted to the customers and intimated to the

insurance company on the same day.

l. The insurance coverage for lockers will be as per banking industry practices.

m. The proposal without earnest money will not be entertained and rejected straightaway.

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3. Language of the Bids

The bids prepared by the Tenderer and all correspondence and documents relating to the bids

exchanged by the Tenderer, shall be written in English language, provided that any printed

literature furnished by the Tenderer may be written in another language so long as

accompanied by an English translation in which case, for purposes of interpretation of the bid,

the English translation shall govern.

4. The bidder must submit following information in the proposal:

a) National Tax and Sales Tax Registration Certificates.

b) Clients’ reference letters.

c) Office mailing address, telephone numbers.

d) Rating of the company.

5. Bidder must submit an affidavit that the:

I. Bidder/Company/Firm has never adjudged an insolvent services/advisory/consultancy.

II. Bidder/Company/Firm or its directors/partners or individuals have never been declared

bankrupt by any court of law.

III. Bidder/Firm has never been blacklisted or involved in litigation with any client/

organization/government/semi-government/autonomous body.

IV. Bidder/Company/Firm its directors/partners or individual always fulfilled/obeyed execution

of degree or order of any court decree never been dissatisfied against them.

V. Bidder/Company/Firm its directors/partners or individuals have not been convicted of a

financial crime, banking frauds mortgage frauds, forgery, embezzlement, cheque frauds,

credit cards frauds, etc.

VI. Bidder/Company meets the financial integrity requirement as per applicable Laws &

Regulations.

6. Earnest Money

The bid should be accompanied with earnest Money of Rs.30,000/- (pay Order) in the name of the SME Bank Ltd. Earnest money of all bidders will be returned after selection of insurance company.

7 Clarification for Tender

In case of any clarification is needed to the meaning of any portion of the specification, vendor may contact Mr. Rashid-Ul-Ghafoor , Officer Services at +92 -051-9221918 during office hours.

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8 Acceptance of Bids

The bidder with the lowest evaluated bid, if not in conflict with any other law, rules, regulations

or policy of the Federal Government, shall be awarded the procurement contract, within the

original or extended period of bid validity.

9 TAX

Quoted rates must be inclusive of all acceptable taxes.

10 Confidentiality

All bids submitted to SME Bank and subsequent correspondence and discussion shall be kept

confidential and will not be revealed directly or indirectly to any other party, except in the case

of any government query by department/ organizations monitoring Banks and the

Federal Government.

11 Closing Date

The last date for receipt of bids is 28.11.2017 by 3:30 PM. Bid will be opened on the same day at 4:00 PM at the SME Bank Head Office in the presence of those bidders who may wish to attend.

12 Bid Submission

The Bid proposal should be submitted as follows:

One Sealed quotation as “Quotation for insurance of official Vehicles / Motor Cycles & Bankers Blanket Insurance, Fire & Terrorism Insurance of Assets & Lockers installed at Islamabad Branch “

TENDER FOR INSURANCE OF OFFICIAL VEHICLES / MOTOR CYCLES & BANKERS BLANKET INSURANCE, FIRE & TERRORISM INSURANCE OF ASSETS & LOCKERS INSTALLED AT ISLAMABAD BRANCH Hafiz Muhammad Ashfaq Head Services Division Head Office, 56-F, Nazimuddin Road, Blue Area, Islamabad. Ph.051-9221918 Cell Number: 0334-4178119 Email: [email protected]

Name of Bidder: __________________

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We agree to abide by the terms and conditions of the Tender.

Signature: ______________________ in the capacity of ________________________ duly authorized to sign

the Tender for and on behalf of

__________________________________________________________________________________________

(NAME OF FIRM IN BLOCK CAPITALS)

Complete Address:

_____________________________________________________________________________

Fax No: ________________________ Telephone No.: _____________________________

Witness:-

1. ____________________ 2. ________________________

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SME Bank Ltd

DETAIL OF VEHICLES/MOTORCYCLES

Annexure A

Sr.

No.

Vehicle

Regd.

Car/Jeep/

Mcycle/

Van

Make/Type Model Chassis No Engine No

Engine

Capacity

CC

sum

Insured

1 SJ-248 Car Toyota Corolla GLI 2010 NZE140-2077285 Y240206 1300 1,479,000

2 VJ-996 Car Toyota Corolla Altis 2012 ZRE141-4510353 Q011347 1598 2,041,200

3 FK-126 Car Toyota Corolla Grande 2015 ZRE172R-7011674 Q312639 1798 2,172,000

4 CG-038 Car Toyota Corolla Grande 2015 ZRE172R-7011621 Q312592 1798 2,322,000

5 BU-089 Car Honda Civic 2016 NFBFB2552FR129120 R18Z14045354 1799 2,051,000

6 FU-760 Car Toyota Corolla Grande 2015 ZRE172R-7012015 Q312984 1798 2,322,000

7 AAG-731 Car Honda Civic 2016 NFBFB2558FR129123 R18Z14045357 1798 2,051,000

8 AAA-847 Car Honda City 2016 NFBGM2562GR177533 L15A79753223 1497 1,685,000

9 AAS-691 Car Honda Civic 2016 NFBFB2554FR129958 4046193 1798 2,051,000

10 ABG-922 Car Toyota Corolla GLI 2016 NZE170R-4085686 Z457635 1299 1,882,000

11 JY-347 Car Honda City 2006 28147 1028194 1300 800,000

12 V V-952 Car Honda City 2012 NFBGM1648CR128905 L13Z1-3433191 1399 1,586,000

13 ND-871 Van Suzuki Van 2008 918407 T801949 800 425,000

14 IDG-9875 Jeep C. Double Cabin 1995 7052706 9205094 2400 600,000

15 IDK-7386 Car Suzuki-Baleno 2001 Y-404121 505076 1300 500,000

16 HS-730 Car KIA Sportage 2004 502200 408421 2000 900,000

17 JT-483 Car Santro Executive 2005 705361 5010666 1000 580,000

18 IDL-8708 Van Suzuki Van 2002 860740 T-744240 800 275,000

19 KM-853 M/Cycle Motorcycle Honda 2006 BH-027460 5027640 100 60,000

20 AFQ-114 M/Cycle Honda M/Cycle 2014 JG-143761 6401098 70 69,900

21 UP-267 M/Cycle Honda CD-70 2010 JD395389 5125178 70 62,900

22 AJM-178 M/Cycle Honda -125 2015 EA002742 7820532 125 102,900

23 FB-037 Car Toyota Corolla Altis 2015 ZRE172R-7011699 Q312825 1798 2,322,000

24 CS-0220 Van Suzuki Van 2007 902820 786278 800 367,000

25 AVP-305 Car Suzuki Cultus 2012 479030 572182 993 985,000

26 IDK-3650 Jeep Potohar Jeep 2001 330683 703687 1000 400,000

27 LRD-894 Car Suzuki Cultus 2002 951731 F340469 1000 450,000

28 IDK-7379 Car Suzuki Mehran 2001 767140 B-228611 800 250,000

29 KHI-3886 M/Cycle Motorcycle 2013 DAO20282 KO20267 100 72,500

30 ML-2013 Van Suzuki Van 2002 860903 T-744418 800 275,000

31 LRF-2821 Van Suzuki Van 2002 860695 T-744181 800 275,000

32 MNA--4690 Van Suzuki Van 2007 902779 T-786231 800 367,000

33 LXB-5875 M/Cycle Yamaha,M/Cycle 1997 3AH-7100554-K 3AH-7100554 100 30,000

34 ML-2014 Van Suzuki Van 2002 860934 T-744426 800 275,000

35 U-9774 Van Suzuki Van 2007 902782 786270 800 367,000

36 LEJ--1544 Car Suzuki Swift 2012 RS413PK10016476 PKS13016475 1328 1,151,000

37 KCV-1767 M/Cycle Honda(CD-70) 1995 AE-066531 1566114 70 25,000

38 BEV-388 Car Toyota Corolla GLI 2015 NZE170R-4057765 Z374965 1299 1,752,500

39 IDH-1910 Car Suzuki Margala 1996 917417 315183 1300 350,000

40 BBP-394 Car Suzuki Cultus 2014 SF410PK499872 PKF593019 993 1,034,000

41 KCK-7939 M/Cycle Honda(CD-70) 1994 AE-053299 1563214 70 25,000

42 IDG-3801 Car Suzuki Mehran 1995 703665 B-165073 800 200,000

43 BBS-046 Car Suzuki Mehran 2014 SB308PK01119163 PKB580696 796 625,000

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44 IDL-5293 Car Suzuki Alto 2002 470611 R166603 1000 375,000

45 IDK-7378 Car Suzuki Mehran 2001 767033 B228520 800 225,000

46 KRA-464 M/Cycle Yamaha(M/Cycle) 1996 3AH5-010364K 3AH5-010364 100 25,000

47 LRG-3661 Van Suzuki Van 2002 861123 T-744614 800 275,000

48 IDJ-9027 Car Suzuki Mehran 1999 PK-760292 B-221754 800 250,000

49 MNA-4692 Van Suzuki Van 2007 902736 T-786230 800 367,000

50 LEN-7045 M/Cycle Honda CD 70 2013 JE780969 6154894 70 72,500

51 LEG--1260 Car Suzuki Cultus 2015 SF410PK524570 PKF617701 993 1,023,952


53 IDM-4881 Car Suzuki Mehran 2003 796428 257837 800 275,000

54 LEL--8177 M/Cycle Honda CD 70 2013 DAQ21586 K021626 70 69,000


56 LEJ-1078 Van Suzuki Bolan 2014 SV308PK01001118 PKT884606 796 695,000

57 LOY-9362 M/Cycle Yamaha,M/Cycle 1996 3AH-6104962-K 3AH-6104962 1000 25,000

58 WJ-517 Car Honda City 2012 NFBGM1559CR132035 L13Z1-4421980 1300 1,625,000

59 WJ-325 Car Corolla XLI 2012 NZE140-2150657 Y627410 1300 1,556,200

60 IDK-4897 Car Suzuki Mehran 2001 766943 228495 800 250,000

61 IDK-8668 Car Suzuki Mehran 2001 766993 B-228500 800 250,000

62 BW-130 Van Suzuki Van 2014 SV308PK01001119 PKT884631 796 695,000

63 MA-268 Van Suzuki Van 2007 902778 T-786265 800 367,000

64 IDJ-9026 Car Suzuki Mehran 1999 PK-760316 B 221768 800 250,000


66 GA-14-214 Car Suzuki Mehran 2014 SB308PKo1120156 PKB581605 796 625,000

67 LXA-8227 M/Cycle Yamaha,M/Cycle 1996 3AH-6121935-K 3AH-6121935 100 25,000

68 IDK-4716 Car Suzuki-Baleno 2000 504450 Y-403660 1300 450,000


70 NL-1475 M/Cycle Yamaha,M/Cycle 1995 3AH5-120293K 3AH5-120293 100 25,000

71 STJ-97 M/Cycle M/Cycle 2013 JE770824 6146744 70 69,000

72 FS-2591 Van Suzuki Van 2002 860992 T-744481 800 275,000

73 MNA--4691 Van Suzuki Van 2007 902738 T-786242 800 367,000

74 AJK-3320 M/Cycle Honda M/Cycle 1998 B-65334 1064766 125 40,000

75 WU-930 Car Honda City 2012 NFBGM1547CR131246 L13Z1-4421145 1300 1,505,000

76 IDK-5498 Car Suzuki Mehran 2001 768211 229918 800 250,000

77 AEZ-794 Car Suzuki Mehran 2003 799757 B-261151 800 275,000

78 KTA-5732 M/Cycle Yamaha,M/Cycle 1995 3AHS-115238K 3AHS-115238 100 25,000

79 FM 9722 M/Cycle Motorcycle 2013 JE787886 616181 70 69,000

80 IDK-7380 Car Suzuki Cultus 2001 944571 F-334539 1000 425,000

81 IDM-7451 Car Suzuki Mehran VXR 2003 799931 B-261092 800 275,000

82 QAH-4734 M/Cycle Motorcycle 1996 3AH6-009662K 3AH6-009662 100 25,000

83 QAY-510 M/Cycle Motorcycle 2011 090602K 090602K 100 72,500

84 KBE-9645 M/Cycle Motorcycle Hero 2004 412802 04E-12802 70 35,000

85 KIZ-1815 M/Cycle Motorcycle Hero 2016 1139716 1088821 70 46,000

86 BFS-982 Car Toyota Corolla GLI 2016 NZE170R-4076465 Z440186 1300 1,767,500

87 LER--2958 M/Cycle Honda CD-70 2016 JH087222 9338669 70 63,500

Bankers Blanket Insurance

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Annexure B

S.No. Insuring Clauses

Limit of Indemnity each and every loss for each

clause

Limit of Indemnity in the aggregate for each clause

Deducti-ble( if any)

in %age

Annual Premium in

Rs.

1 Infidelity of Employees 2,000,000 6,000,000 2 On Premises As per limits men-

tioned below 72,000,000

3 In Transit 1,000,000 5,000,000 4 Forged Cheques et al 1,000,000 2,000,000 5 Counterfeited Currency 500,000 2,000,000 6 Securities et al 5,000,000 20,000,000 Premium ( inclusive of govt duties & taxes )

Overnight insurance cover for Cash over the limit; rate must be quoted in %age

Note : Date of application of retroactive clause must clearly be mentioned

The annual aggregate cash in safe limit will be Rs.72.0 million whereas Branch wise Cash in safe

limit will be as under:

S.No. Branch Name Cash Limits

(Rs In Million)

1 Islamabad 21

2 Karachi Main 11

3 Karachi F.B. Area 5

4 Karachi Orangi 10

5 Lahore Main 21

6 Lahore City 8

7 Lahore Faisal Town 10

8 Peshawar 10

9 Quetta 13

10 Rawalpindi 10

11 Sialkot 8

12 Faisalabad 10

13 Gujranwala 6

Total 143

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Insurance Covers for Assets of the bank

Annexure C

Asset Category Written

Down Value of Assets

Fire and Allied Perils

Deductible (if any) in

%age

Terrorism Insurance of Assets

Deductible (if any) in %age

Building 6,363,339

Office F&F 1,325,249

LH Improv 1,434,468

Off Equipment 27,418,290

Comp Equipment 1,317,464

37,858,809

Insurance Covers for Signboards

Asset Category Written

Down Value

Comprehensive Insurance

Deductible (if any) in

%age

Third Party Liability per

event for 1.0 Million

Deductible (if any) in %age

Sign Boards 810,739

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Detail Of Lockers

Aggregate Insurance cover of the lockers will be Rs.5.0 Million

Annexure D

S.No Size No of lockers Per Locker Insurance

Cover

1 Small Lockers 312 500,000

2 Medium Lock-

ers 195 750,000

3 Large Lockers 117 1,000,000

Total 624

Limit of Indemnity Rs.10,000,000 EEL ( each & every loss

Rs.10,000,000 AGG ( aggregate insurance cover)

Detail of Lockers presently rented to clients

S.NO SMALL Medium Large

Rented Vacant Rented Vacant Rented Vacant

1 11 301 9 186 6 111

Total lockers 624

Rented 26

Note: Rate per locker for each category of lockers must be quoted separately

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