1. The purpose of this RFQ Request for Quotation (the RFQ) is to solicit quotation from interested bidders for “Supply, Installation, and Maintenance of Network Devices” to be provided to the  State Bank of Pakistan (“SBP”). The RFQ is designed to assess whether bidders are able to  provide the equipment and services required (hereinafter jointly and severally referred to as  the “Services”), and through a competitive and fair assessment, select a winning bidder for  the Services for a long-term contract. 

2. Karandaaz Pakistan invites sealed quotations from interested and eligible bidders. Further  details on the Services required are provided in the Terms of Reference (Section 4 of RFQ).3. The bidder will be selected under open competitive procedures, in accordance with the  

Procurement Policies and Procedures of Karandaaz Pakistan (the “KRN Policy and  Procedures”). In the event of any conflict or inconsistency in terms and conditions of the RFQ and the KRN Policy and Procedures, the KRN Policy and Procedures shall prevail. 4. Karandaaz Pakistan anticipates issuing a fixed price contract in PKR. 

5. An award will be made based on Lowest Price Technically Acceptable quotation.  6. This RFQ is only an invitation to the prospective bidders to submit their quotation. It primarily  contains indicative terms for the bidders to submit their quotations and does not confer any  rights to the bidders. Any information contained in the RFQ or provided to the bidders is on  the terms and conditions set out in this RFQ. Karandaaz Pakistan is providing this RFQ without  any warranty or representation, express or implied, as to its content, its accuracy or  completeness and may at its absolute discretion, but without being under any obligation to do  so, update, amend or supplement the information of this RFQ. Each bidder shall be responsible  for conducting its own investigation and analysis and should check the accuracy, reliability and  completeness of this RFQ and where necessary obtain independent advice. In case of conflict  between the provisions of this RFQ and Addendum(s) to the RFQ, the provisions of this RFQ shall prevail unless stated otherwise. In case of any conflict between the provisions of this RFQ,  the decision of Karandaaz Pakistan shall be final regarding the overriding effect of the  respective provision. 

7. Karandaaz Pakistan reserves the right to assign the agreement on the basis of this RFQ or any  part thereof to SBP, or any authorized entity, at any time at its sole discretion. 8. Karandaaz Pakistan reserves the right to disqualify any bid at its sole discretion. 

The entire sets of documents, as mentioned in Clause 11 Section 2 must be submitted in hard copies and in electronic format through email with subject: “Supply, Installation, and Maintenance of 

Network Devices” on or before 11th February 2026. Bidders are required to submit the following hard  copies, each in separate sealed envelopes: 

• One (1) hard copy of the Pre-Qualification Requirements document 

• One (1) hard copy of the Technical Proposal 

• One (1) hard copy of the Financial Proposal 

All hard copies must be addressed to The Procurement Department and delivered to: 1-E, Ali Plaza, D Chowk, Mezzanine Floor, Nazimuddin Road, Blue Area, Islamabad, Pakistan. 

In addition, bidders must submit electronic copies of the Pre-qualification, Technical and Financial  Proposals via email at [email protected], organized into one (1) set of separate folders. Electronic copies of the Financial Proposal must be password-protected. The password will be  requested by Karandaaz Pakistan’s Procurement Department at the time of financial opening, if  required.