Subject: Grievance Regarding Exclusion of Insurance Guarantee as Performance Security – P88450

Subject: Clarification Regarding Performance Guarantee / Performance Security – P88450

Dear Sir,

Thank you for your response.

We note your advice to consult the EPADS 2.0 / PPRA Team regarding the subject matter.

However, for the record, our specific query remains unanswered. We had requested clarification on whether the non-availability/exclusion of Insurance Guarantee as a form of Performance Security is:

(a) based on a specific prohibition/restriction under the applicable PPRA Rules, regulations, notification or instruction; or

(b) merely a limitation/configuration of the EPADS 2.0 system.

Since no specific PPRA Rule, regulation, notification or instruction has been identified in your response, we understand that the matter may appropriately be taken up with the EPADS 2.0 / PPRA Team for a definitive clarification.

We therefore request that our query may kindly be treated as unresolved at your end, and we will approach the relevant PPRA/EPADS authority specifically on the above point.

Regards,

Performance Security Forms at EPADS/SBD

Dear Vendor

the query has already been asnwered.

Subject: Clarification Regarding Performance Guarantee / Performance Security – P88450

Clarification – Missing Tender Drawings

It is respectfully submitted that no relevant drawings appear to be attached/provided with the subject bidding documents, although the BOQ repeatedly refers to execution “as per drawings.”

Rule 23(1) of the Public Procurement Rules, 2004 requires bidding documents to be precise and unambiguous, while Rule 23(2)(f) provides for specifications and drawings or performance criteria, where applicable.

In the absence of the relevant architectural and electrical drawings, bidders cannot accurately assess quantities, routing, dimensions and other requirements necessary to quote realistic and justifiable rates.

Kindly provide the relevant drawings forming the basis of the BOQ and scope of work so that all bidders may prepare their bids on a clear, accurate and comparable basis.

Drawing

Dear Vendor

Your query has been addressed. Please check SBD. Thanks

Subject: Clarification Regarding Performance Guarantee / Performance Security – P88450

Thank you for the clarification.

We understand from your response that the available Performance Security options in EPADS 2.0 have been prescribed/configured by PPRA. However, our specific query remains unanswered.

Kindly clarify whether the exclusion of Insurance Guarantee from the available options is due to (i) a specific prohibition under the PPRA Rules/regulations, or (ii) merely a system/configuration limitation of EPADS 2.0.

If it is a regulatory requirement, kindly identify the specific PPRA Rule, regulation, notification or instruction prohibiting/ excluding Insurance Guarantee as Performance Security. If it is only a system limitation, kindly clarify the procedure or authority under which an otherwise permissible form of Performance Security may be considered.

We may then approach the relevant PPRA/EPADS team with the matter on a specific and precise basis.

Performance Security Forms at EPADS/SBD

Dear vendor

Your query has already been responded in previsous query. 

For any further query regarding subject matter, Please consult with EPADS 2.0 PPRA team.

Subject: Clarification Regarding Performance Guarantee / Performance Security – P88450

Thank you for the clarification. However, the response appears to identify the formats available in EPADS 2.0, but does not clarify the specific basis for excluding Insurance Guarantee from the present tender.

Kindly clarify whether EPADS 2.0 itself prohibits the Procuring Agency from accepting an Insurance Guarantee as Performance Security. If not, please identify the specific PPRA provision, NBP policy, circular, notification or competent-authority approval under which Insurance Guarantee has been excluded from this tender.

This clarification is particularly relevant as PPRA itself has clarified that the type of guarantee is to be prescribed by the Procuring Agency in the bidding documents and that there is no bar to obtaining an Insurance Guarantee from a supplier.

It is therefore requested that the specific basis for the present exclusion of Insurance Guarantee may kindly be provided.

Clarification Regarding Performance Guarantee / Performance Security

Dear Bidder

SBD is generated through EPADS 2.0 and PPRA has prescribed option in EPADS 2.0 to select from only available options as already responded to you. For any further query regarding subject matter, Please consult with EPADS 2.0 PPRA team.

Subject: Clarification Regarding Performance Guarantee / Performance Security – P88450

“Rule 39 itself does not prescribe Bank Guarantee as the exclusive form of Performance Guarantee. Furthermore, PPRA’s own FAQ clarifies that there is no bar to obtaining an Insurance Guarantee from the supplier. Therefore, kindly clarify whether the exclusion of Insurance Guarantee from the present tender conditions is based on any specific PPRA notification, amendment, circular, NBP policy, or competent authority approval issued after the previous procurements in which Insurance Guarantee was accepted.”

Clarification Regarding Performance Guarantee / Performance Security

Dear Vendor

EPADS 2.0 has following proivsions of Performance Security/Guarantee;

1. Pay Order

2. Banker's Cheque

3. Call at Deposit

4. Bank Guarantee

5. Demand Draft

Subject: Clarification Regarding Performance Guarantee / Performance Security – P82846

KINDLY CLEARIFY: Whether, under Rule 39 of the Public Procurement Rules, 2004 and the applicable Security exclusively to a Bank Guarantee where an equivalent Insurance Guarantee issued by a duly rated/approved insurance company is available, particularly where the same procuring agency has accepted Bank Guarantee/Insurance Guarantee as alternative forms of Performance Security in its other recent procurements?

Clarification Regarding Performance Guarantee / Performance Security – P82846

PPRA EPADS 2.0 portal allows following format of Performance Guarantee under PPRA Rule no. 39;

1. Pay order

2 Banker's Cheque

3. Call at Deposit

4. Bank Guarantee

5. Demand Draft