Hiring of Group Life Insurance Services for Punjab Education Foundation FY 2026-27

Punjab Education Foundation (PEF) invites sealed bids on a contract basis for hiring group life insurance services for financial year 2026-27. The estimated procurement price is Rs. 6,200,000. PEF is an autonomous organization established under the auspices of the Government of the Punjab to promote quality education through public-private partnership.

Firms, companies, sole proprietors and general order suppliers engaged in trading are invited to participate. Bidders must be registered with the relevant registration authorities and tax departments or authorities, including Income Tax, Sales Tax and Punjab Sales Tax, and must also be registered on the Punjab e-Procurement (eP) System. NTN and Sales Tax registration certificates must be provided. Procurement will follow the Single Stage–Two Envelope Bidding Procedure under PPRA-14 Rule 38(2)(a). Punjab Procurement Rules 2014 apply throughout the procurement process.

Bidding documents are available immediately after publication of the notice through the Punjab e-Procurement System and the PPRA and PEF websites. Documents may be downloaded from https://ppra.punjab.gov.pk without payment of any fee. Detailed service specifications, eligibility criteria, bid scope and terms and conditions are contained in the bidding documents and are binding on bidders. The PPRA tender-listing website is http://eproc.punjab.gov.pk/viewtender.aspx. The response period is calculated exclusively from publication on the PPRA website.

Bids must be submitted online through the Punjab e-Procurement System by 11:00 a.m. on December 1, 2026. Bid security is 2% of the estimated procurement price, amounting to Rs. 124,000. Bidders must submit the required security and upload a scanned receipt through the e-Procurement System. Late submissions will not be accepted.

Bids will be opened at 11:30 a.m. on December 1, 2026, at the Punjab Education Foundation office, 302-H/3, Johar Town, Lahore, in the presence of bidders’ representatives who choose to attend. Bids must remain valid for at least 120 days from the final submission date.

Taxes will be deducted according to applicable government rules. PEF may reject all proposals before accepting a bid or proposal and will not bear bidders’ preparation or delivery costs. Contact the Director (HR & Admin), Punjab Education Foundation, 302-H/3, Johar Town, Lahore, by telephone at 042-99070091.