Group Health Insurance Policy for Employees of Pakistan Real Estate Investment & Management Company

Pakistan Real Estate Investment & Management Company (Pvt.) Ltd. (PRIMACO), a wholly owned subsidiary of the Employees' Old-Age Benefits Institution (EOBI), Government of Pakistan, invites electronic bids from eligible and qualified reputable insurance companies for a Group Health Insurance Policy for PRIMACO employees. PRIMACO is procuring the services on behalf of EOBI. The tender enquiry number is PRIMACO/P&C/Health Insurance/14/01/2026, and the PPRA/EPADS V2.00 reference is P165537.

The procurement will follow Least Cost Selection through the Single Stage One Envelope procedure in accordance with Public Procurement Rules and Regulations. Bidders must submit complete company credentials, including details of current commitments and completed assignments, supported by copies of verifiable documents. The firm must be registered with SECP or the Registrar of Firms. Valid income tax registration with FBR or the Tax Department, an NTN, and service or sales tax registration are required. Bidders must be on the Active Taxpayer List for both income and sales tax at the time of bid submission.

Each bidder must provide an original, valid and duly verified affidavit on non-judicial stamp paper or e-stamp paper worth Rs. 100, using the standard format. The affidavit must confirm that the bidder is not blacklisted by any government or autonomous body and has no litigation with such bodies or between partners. A minimum PACRA rating of AA+ is required. Bidders must also meet the eligibility and qualification criteria stipulated in ITB 13.3(b), read with BDS 17.

Bidding documents are available online at www.epads.gov.pk. The advertisement and bidding documents are also available at www.ppra.org.pk, https://epads.gov.pk/ and www.primaco.com.pk. Procurement uploading on PPRA/EPADS V2.00 is scheduled for 22 October 2026. A mandatory, non-refundable bid fee of Rs. 5,000 and refundable bid security of PKR 300,000 must be delivered before the bid submission deadline. These must be in the form of a Deposit at Call, Bank Draft or Bank Guarantee using the standard format, in favour of PRIMACO Islamabad, NTN 2795350-5.

Electronic bids must be submitted through PPRA/EPADS V2.00 by 5 November 2026 at 11:00. Bids will be opened on the same platform on 5 November 2026 at 11:30. Incomplete, late or conditional bids will not be allowed, and joint ventures and consortia are also excluded. PRIMACO reserves the right to accept or reject all bids under Public Procurement Rules and Regulations.

The address for delivery of the fee and security is PRIMACO Head Office, 2nd Floor, EOBI House, Plot Nos. 32, 33 and 34, Mauve Area, Sector G-10/4, Islamabad. Contact HOD (P&C) at 051-9108254-55.