reasonability of the negotiated price of consultancy based on the principles of procurement contained in Rule No. 4 Punjab Procurement Rules 2014.
“In projects similar to Islamabad-Rawalpindi Metro Bus Project such as Multan Metro Bus Project, Green Line Metro Bus Project Karachi, the fee quoted by the lowest evaluated responsive Consultant is between 1% to 2% of the estimated cost of the project. In the 18 km Green Line Metro Bus Project Karachi the estimated cost is Rs17 Billion, plus Buses, and the lowest evaluated responsive consultants has quoted about Rs180 million, which is about 1%. Nespak has quoted Rs220 million for the Green Line Metro Bus Project, which is 1.3% of the project cost. TI requests the chairman to look into the complaint and the fee of Nespak shall be rationalised to match the competitive rates prevailing in market, so as to comply with the requirements of Rule 45 of Punjab Procurement Rules 2014, and the overpayment as fee of approximately Rs700 million may also be recovered from Nespak”, the letter concludes.
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