Comprehensive Vehicles Insurance Services for Bank Makramah Limited

Bank Makramah Limited Karachi invites bids from well-reputed insurance companies for Comprehensive Vehicles Insurance Services covering the Bank’s fleet for one year from August 2026 to July 2027. The procurement is managed by the Procurement & Administration division at the Bank’s Head Office in Karachi. Items being procured: - Comprehensive Vehicles Insurance Services for Bank’s fleet (1 year renewal term from Aug 2026 to July 2027) The scope requires bidders to provide comprehensive motor vehicle insurance coverage with arrangements for claim and support through authorized 3S dealerships nationwide. This ensures full service and support for the insured vehicles across Pakistan. The bidder must quote inclusive prices and maintain a validity period of at least 90 days for their quotations. Eligibility criteria include submission of company profile, NTN certificate, FBR returns for the last 3 years, CNIC copies of directors/management, last 3 years audited reports with bank statements, proof of business age, volume and staff strength, technical competence in HR quality and technological expertise, list of key customers, two relevant references preferably from financial institutions or banks, ISO certification, and a business continuity plan. Additionally, an undertaking on Rs.500/- e-stamp paper confirming the firm is not blacklisted by any provincial or federal government or tax authority is mandatory. Bidders can obtain information documents via email until Tuesday, 14th July 2026 during office hours (9:00 AM to 5:30 PM). The last date for bid submission is Wednesday, 15th July 2026 by 5:00 PM. Bids must be addressed to Manager Procurement & Administration, Bank Makramah Limited, 11th Floor, G-2 Building, Block # 2 Clifton, Karachi. A practical tip for bidders is to ensure all mandatory documents are complete and properly attested to avoid disqualification. Early submission is advised to accommodate any unforeseen delays and to allow time for clarifications if needed.