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The purpose ofthis Request for Proposal (the “RFP '') isto solicit proposalsfrom biddersinterested in providing consultancy services for assessing the current Taxonomy (prepared by ICAP for non-specialized listed companies) and its applicability and extension to cover all other classes of companies or
IFRS compliant universal Taxonomy covering all classes of companies in terms of its suitability and efficacy, aligning it with Global IFRS standards, and localizing it as per local laws, rules and regulations for future XBRL implementation at the Securities and Exchange Commission of Pakistan (hereinafter referred to as the “Services”). The RFP is designed to assess whether bidders are able to provide the Services, through a competitive and fair assessment, and select a winning bidder for the Services for a long-term contract.
Both technical and financial proposals must be submitted in a hard copy and in electronic format through email with the subject “Hiring of a Consulting Firm for XBRL Taxonomy” at procurement@karandaaz.com.pk on 25th February 2026. Bidders must prepare one hard copy of the pre- qualification documents, technical proposal and the financial proposal, and submit each of them in separate sealed envelopes to the attention of ‘The Procurement Department’ 1-E, Ali Plaza, D Chowk, Mezzanine Floor, Nazimuddin Road, Blue Area, Islamabad.
Hard copy of the bids/proposals shall be considered in case of any discrepancy found with the soft copy. Bidders MUST also submit electronic copies of both technical & financial proposals through email at procurement@karandaaz.com.pk. The electronic copies of the financial proposals must be password protected. Password for the financial proposal will be requested by Karandaaz Pakistan’s procurement department at the time of financial opening only from the technically qualified bidders (if needed).
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Both technical and financial proposals must be submitted in a hard copy and in electronic format through email with the subject “Hiring of a Consulting Firm for XBRL Taxonomy” at procurement@karandaaz.com.pk on 25th February 2026. Bidders must prepare one hard copy of the pre- qualification documents, technical proposal and the financial proposal, and submit each of them in separate sealed envelopes to the attention of ‘The Procurement Department’ 1-E, Ali Plaza, D Chowk, Mezzanine Floor, Nazimuddin Road, Blue Area, Islamabad.
Hard copy of the bids/proposals shall be considered in case of any discrepancy found with the soft copy. Bidders MUST also submit electronic copies of both technical & financial proposals through email at procurement@karandaaz.com.pk. The electronic copies of the financial proposals must be password protected. Password for the financial proposal will be requested by Karandaaz Pakistan’s procurement department at the time of financial opening only from the technically qualified bidders (if needed).
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