Job Details of Financial Services Provider (FSP) for Cash Grants Disbursement

Relevant Experience:

Job Description:

• Quotations should be submitted in a sealed envelope. Also fill and Sign Stamp CONFLICT OF INTEREST DISCLOSURE FORM attached with RFQ.
• Company profile with relevant experience including Client name, the volume of contract, and the location of services.
• Quotation must cover all the above aspects on the company letterhead with the address and phone/fax number.
• The cost must be given in Pak Rupees including all applicable taxes, Transaction Service charges/ Wallet account opening Charges any other for the Cash Disbursement.
• Rates should be valid for one year after sign of agreement.
• Payment details of the service provider must be clear stated e.g. to whom cheque should be addresses and methodology required for payment transfer to Service Provider with provision of necessary supporting documentation for the purpose.
• The service provider should be sound enough and have capacity to pay amount immediately.
• The service provider should have larger access or network in the project area.
• The service provider should share Details of Retailers / Shops / Service Centers / Branches are available in field area Taluka Johi, District Dadu.
• The service provider should share all modalities / mode of payment in agreement for facilitation of beneficiaries.
• The service provider has Transaction ID for sharing with the organization that also receive on official number of organizations as well after each transaction.
• The service provider should give payment on original CNIC.
• The service provider should provide disbursement report frequently, if possible, on daily basis showing details of persons paid along with their CNIC and mobile numbers and amount paid.
• The service provider should share the complaint mechanism, reporting error and its resolve, or any other transaction error / mistake and its resolve to avoid any conflict.

Service provider must not be engaged in any corrupt, fraudulent, collusive or coercive practices including but not limited to applying/ bidding by multiple names / companies. If any bidder is found to be involved in such practices his/her bid may be rejected and the companies in question permanently blacklisted.

Apply By:

Interested firms/suppliers may submit their bids/offers in a sealed envelope to the office of the undersigned with all the mentioned documents (see requirements) latest by November 25th, 2024 before 05:00 pm.

Procurement Committee,

Rural Education and Economic Development Society (REEDS) Pakistan

House No.1, Street No.2, Canal Park, Near Government Girls College, Rahim Yar Khan.

Tel: 068-5876693, Mobile No. 0301-7525815