Consultancy Services for Development of Accounting Manual

State Life Insurance Corporation of Pakistan (SLIC), headquartered in Karachi, is procuring consultancy services for the development of a comprehensive Accounting Manual. This assignment is critical for standardizing financial accounting frameworks across multiple business segments including Conventional Life Insurance, Group Life & Pension, Health & Accidental Insurance, Bancassurance, International Business, Takaful, Real Estate Portfolio, and Investment Division. The scope involves a detailed diagnostic study, framework development, drafting, stakeholder consultation, finalization, and implementation support of the Accounting Manual. The consultant will review existing policies, assess internal controls, and align the manual with IFRS and regulatory requirements. The manual will cover core financial processes, governance, compliance, business-specific accounting areas, and documentation standards. The consultant will also provide training sessions and knowledge transfer to SLIC officials. Eligible firms must be legally registered in Pakistan, registered with federal and provincial tax authorities, and demonstrate proven experience in insurance sector accounting and development of accounting manuals. The firm should have qualified professionals (CA/ACCA/CMA) and be "A" rated by SECP for insurance companies. Bids will be evaluated on technical and financial criteria with a minimum technical score of 80 marks required. The tender follows a single stage two envelope procedure with technical bids opening on the submission deadline, 13th July 2026 at 11:00 am. Financial bids of technically qualified firms will be opened later via the E-PADS system. Bidders must submit proposals electronically through E-PADS using their registered email addresses. The contact person for this tender is Mr. Tanveer Anwar Butt, Divisional Head-Finance & Accounts, reachable at 0333-427-8824. A practical tip for bidders is to ensure strict compliance with the E-PADS submission guidelines and upload separate technical and financial proposals clearly marked as required. Early registration and familiarization with the E-PADS system will help avoid last-minute technical issues and ensure timely submission before the deadline.