Hiring of Insurance Company for Group Insurance for PARC Employees

Tender No: TS0000008717E

Published
Closing Soon!

This tender closes in 3 days on Jul 15, 2026 11:00 AM

Organization/Office Details

  • Organization Name: Ministry of National Food Security & Research (MNFSR)
  • Office Name: Pakistan Agricultural Research Council (PARC)
  • Office Address: Plot # 20, Ataturk Avenue, G-5/1, Islamabad.
  • City: Islamabad
  • Contact Person: Abdul ul Rehman
  • Contact Email: Procurement@parc.gov.pk
  • Contact Phone: +92-519-076-2228

Tender Information

Tender Type Request for Proposal (RFP)
Tender No / Reference No / Tender Inquiry No No.1-96/2025-26.DOP.Insurance
Procurement Category Non-consultancy Services
Procurement Procedure Single Stage-Two Envelope
Sector Services
Tender Nature Local
Description
The Insurance Company shall provide Group Insurance coverage for approximately 1,530 employees including officers and staff, as per defined pay scales and corresponding fixed premium contributions already specified in the bidding documents. The insurer is required to propose and quote the sum assured against each pay scale/category for risks including natural death, accidental death, and partial/permanent disability, as well as invalid retirement or total permanent disability, in line with the prescribed premium structure. The coverage shall be applicable to all eligible employees during the contract period. Any additional benefits, riders, or value-added services offered under the policy shall be clearly detailed by the insurer in their proposal.
Note
For Group Life Insurance for PARC Employees

Important Dates

Advertisement Date June 30, 2026
Closing Date & Time July 15, 2026 at 11:00 AM
Opening Time 11:30 AM

Financial Information

Bid Security 70,000.00
Bid Validity 90 days
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