Health and Life Insurance Services for National Institute of Banking and Finance Pakistan

The National Institute of Banking and Finance Pakistan, Facility Management Division, invites bids for services of health and life insurance policies at NIBAF Pakistan under procurement reference P142836. Funds have been reserved for procurement planned for FY 2026-27, and part of these funds will cover eligible payments under the contract.

Eligible bidders registered on EPADS v2.0 are invited to submit bids for these non-consultancy services. Procurement will follow the single-stage, one-envelope procedure through open competitive bidding, adopting the Quality and Cost Based Selection technique. The procurement is governed by the Public Procurement Rules, 2026, and applicable regulations and instructions issued by the Authority from time to time.

Electronic bidding documents containing detailed terms and conditions, specifications and requirements are available through the e-Pak Acquisition and Disposal System at https://epads.gov.pk/opportunities/federal/procurements/142836. Bidders must prepare their electronic bids in accordance with the instructions contained in these documents. Vendors who have not registered on the new EPADS v2.0 platform may register at https://vendors.epads.gov.pk/.

Every bid must be accompanied by the bid security described in the Bid Security Section of the bidding documents. Accepted forms are a pay order, call at deposit, demand draft or bid securing declaration in the prescribed format.

Bids must be submitted through EPADS v2.0 on or before Friday, November 20, 2026, at 11:00 AM. Electronic bids will be opened on the same day at 11:30 AM. Manual submission of bids will not be entertained; bidders must use the electronic submission channel and comply with the preparation instructions in the bidding documents.

A Grievance Redressal Committee has been notified for this procurement under Rule 65 of the Public Procurement Rules, 2026. The notification is available on the procuring agency's website, EPADS v2.0 and the Authority's website at www.ppra.gov.pk.

The issuing office is the General Manager, Facility Management Division, National Institute of Banking and Finance Pakistan, Pitras Bukhari Road, Sector H-8/1, Islamabad. Contact the office at +92-213-527-7500 or NIBAF.Procurement@nibaf.org.pk.