Group Life Insurance Services Bank Staff Tender Notice

6 days left
Description

Provision of group life insurance for bank staff for the year 2026-27 through the Single Stage - One Envelope Bidding Process under AJK Public Procurement Rules 2017. Eligible bidders must be income tax and sales tax registered, have at least rating A, possess valid NTN, Income Tax and GST certificates, relevant tax certificates and be on the Active Taxpayer List of FBR / CBR. Blacklisted bidders are prohibited and bidders must furnish an affidavit or certificate confirming they are not blacklisted or in conflict with Government in AJK or Pakistan. A non-refundable RFP fee of Rs. 2000/- is payable, and bid security of Rs. 150000/- in the form of CDR, DD, PO or Banker Cheque in the name of Bank of AJK is required. Financial bids must include all taxes levied in AJK. The pre-bid meeting is scheduled for 9 September 2026 at 11:00 AM. Bids are opened on the same day at 02:00 PM. Proposals must remain valid for at least 120 days. Pro Tip: This procurement covers group life insurance, employee insurance coverage and corporate life insurance services for bank employees.

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Closing Date: 17 Sep 2026

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