The Pakistan Mint is a coin press located in Shalimar Town, Lahore, Pakistan. It is the oldest mint located in Pakistan. It is governed by the State Bank of Pakistan.
The mint has been in operation since 1942. Currency denominations of 1, 2, and 5 rupee coins are currently minted there.[1]
Pakistan Mint has residential quarters, shops and recreational parks located within the vicinity. It is located opposite of Mapco Corp. on Grand Trunk Road. Pakistan Mint has been manufacturing not only coins or currency for the state but also medals and awards for the Military Armed Forces, postal seals and stamps.[2]
In 2010, the Pakistani government began plans to modernize and upgrade the mint. Plans include replacing obsolete machinery to increase productivity, quality and output-effectiveness.[2] Plans also include boosting qualifications and expertise of the mint's employees
RFP PAKISTAN MINT MODERNIZATION
REQUEST FOR PROPOSALS
(Selection of Consultancy Firm)
INVITATION OF BIDS FOR FEASIBILITY STUDY ON MODERNIZATION AND RESTRUCTURING OF PAKISAN MINT, LAHORE
Pakistan Mint was established at Lahore in 1942 during the second world war. The responsible for minting of coins in Pakistan . at present coins Rs 1,2&5 denominations are being minted. Pakistan Mint also manufacture Medallion, Military awards , civil awards etc. to meet the demand seals and stamps etc,for use by postal Department are also prepared in the Mint. Besides , confiscated gold is refined at Mint and converted into standard 5 kg bars supply t9o state Bank of Pakistan (SBP).
2. The obsolete machinery & equipment of Mint require up-gradation and modernization for enhancing its productivity quality of out puts and cost effectiveness. Further its existing manpower / staff also lacks requisite expertise/ qualification. Therefore in order to achieve these objectives it has been decided to modernize and restructure Pakistan Mint.
3. In order to restructure and modernize Pakistan Mint for the production of coins, medals and medallions, Government of Pakistan invites proposal from the qualified / registered national and international well reputed firms /companies for carrying out feasibility study. Seventy Nine (79) pages RFP-Document including scope of work, detailed Terms of Reference (TORs), evaluation of Finance Division www.finance.gov.pk as well as Public Procurement Regulatory Authority (PPRA) www.ppra.org.pk
4. Interested firms (national / international ) are requested to send their proposals to the undersigned in two separate sealed envelops clearly mentioned as” TECHNICAL PROPOSAL” and “FINANCIAL PROPOSAL” by 6th July 2010 at 14:00 hrs. the bids will be opened on the same day at 15:00 hrs in the presence of bidders or their representatives.
5. The task will be accomplished with 120 days after award of contract. The assignment is based at Pakistan Mint , Lahore with frequent travel to Islamabad / Karachi.
6. It is not permissible to transfer this invitation to any other firm.
7. A firm will be selected under Quality and cost based selection method and procedures described in this RFP and in accordance with the Public Procurement Rules.
8. The RFP includes the following documents:
Section1-Advertisement
Section2-Instructions to firms (including Data sheet)
Sectio3-Technical Proposal –standard Forms
Section4-Financial Proposal-standard Forms
Section5-Terms of Reference
Section6- standard Forms of contract
Section officer (IF-IV)
Finance Division,
(Internal Finance wing)
Room No. 508, Block “Q” Pak. Secretariat , Islamabad (Pakistan)
Ph: 0092-51-9209568
