Group Life Insurance For Ptc Employees Tender Notice
Description
Provision of Group Life Insurance for Punjab Transport Company employees for the year 2026-27. Bids are invited from at least AA-rated insurance companies or groups of companies registered with relevant registration authorities and tax departments. The procurement shall use the Single Stage One Envelope procedure with the Least Cost Method under the Punjab Procurement Rules 2014 as amended. Bids must be submitted electronically through the Punjab e-Procurement System by 8 October 2026 at 11:00 AM and will be opened at 11:30 AM the same day. Bid security is PKR 150,000/- and must be submitted digitally through 1Link or Bank Guarantee options against the generated PSID. A pre-bid meeting will be held on 29 September 2026 at 11:00 AM. Insurance coverage will commence from 16 November 2026 until 15 November 2027. Pro Tip: Group life insurance, employee life coverage, corporate insurance, life insurance policy and employee insurance benefits are relevant procurement terms for this service.
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group life insurance ptc employeesClosing Date: 08 Oct 2026
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