Consortium selected to install FBR’s track and trace system
National
February 21, 2021
ISLAMABAD: In order to place Track and Trace System to gauge the real production of major tax evading sectors including tobacco, sugar, cement, fertilizer and beverages, the FBR is all set to award contract to M/S AJCL Consortium being the highest bidder on technical and financial grounds.
The Federal Board of Revenue (FBR) has formally informed M/S AJCL Consortium that the Licensing Committee vide Evaluation Report had declared the Consortium as the “most advantageous bidder” due to their highest combined score in technical evaluation (80 percent) and financial evaluation (20 percent) in the bidding. Now the FBR intends to grant license to M/S AJCL Consortium as per Licensing Rules 2019 read with PPRA Rules 2004.
Evaluation of applications for track and trace system for tobacco, cement, sugar and fertilizer finalized
Islamabad, February 01, 2021 (PPI-OT): Federal Board of Revenue has successfully completed the Evaluation Process for the grant of five-year license for an IT-based solution for electronic monitoring (Track and Trace System) of specified goods i.e. Tobacco, Cement, Sugar and Fertilizer.
Initially 11 bids were received out of which 8 bids were technically qualified. The Technical scores were awarded to them on the basis of specified evaluation criteria. To ensure complete transparency, technical scores of all technically compliant bidders were displayed for all attendees to see prior to opening of the financial bids.
National
February 2, 2021
ISLAMABAD: To place a track and trace system (TTS) for major tax evading sectors including tobacco, sugar, cement, fertilizer and beverages, the FBR has received financial bidding and found the AJCL/Authentix consortium as the highest scorer in the bidding process.
“The AJCL/Authentix is the successful bidder and the contract award will be issued during the due process. The contract may be awarded within next 15 days after negotiations as per PPRA rules” top official sources confirmed to The News here on Monday.
The much-awaited track and trace system could not be awarded in last more than one decade despite making several efforts. Now under the IMF programme, it is a binding condition to place track and trace system to avoid evading taxes. According to the FBR’s announcement on Monday late night, stating that the Federal Board of Revenue has successfully completed the evaluation process for the grant of a five-year licence for an IT-based solutio