The purpose of this Request for Proposal (the "RFP") is to solicit proposals from interested  bidders for providing "Economic Impact of Digital Payments: Insights from Karandaaz  Experiments" (hereinafter jointly and severally referred to as the "Services"). The RFP is  designed to assess whether bidders are able to provide the services required, and through a  competitive and fair assessment, select a winning bidder for the Services for a long-term  contract. 

● Karandaaz Pakistan invites sealed proposals from interested and eligible bidders. Further  details on the Services required are provided in the Terms of Reference (Section 4 of RFP). 

● The bidder will be selected 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 RFP and the KRN Policy and Procedures, the KRN  Policy and Procedures shall prevail. 

● Karandaaz Pakistan anticipates issuing a Fixed Price Contract in PKR. 

● An award will be made based on the Quality and Cost based selection. 

● This RFP is only an invitation to the prospective Bidders to submit their proposal. It primarily  contains indicative terms for the Bidders to submit their proposals and does not confer any  rights to the Bidders. Karandaaz is providing this RFP without any warranty or representation,  express or implied, as to its content, its accuracy or completeness. Each Bidder shall be  responsible for conducting its own investigation and analysis. In case of conflict between the  provisions of this RFP and Addendum(s) to the RFP, the provisions of this RFP shall prevail  unless stated otherwise. 

● Both technical and financial proposals must be submitted in a hard copy and electronically  through email with subject: "Economic Impact of Digital Payments: Insights from Karandaaz  Experiments" on 30th September 2026. Bidders must prepare one hard copy of the technical  proposal and one hard copy of the financial proposal, and submit 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, Pakistan. Bidders MUST also  submit electronic copies of technical & financial proposals through email at [email protected]. Bidders must also submit password protected electronic  copies of the financial proposal. 

Soft copy of the bids/proposals shall be considered in case of any discrepancy found with hardcopy. 

Yours sincerely, 

The Procurement Department 

Karandaaz Pakistan