Financial Assistance and Group Life Insurance Policies for Employees of WASA Multan (FY-2026-27)

The Water & Sanitation Agency (WASA) Multan invites bids from eligible, well-reputed, and experienced insurance companies with a rating of AA++ for the provision of financial assistance and group life insurance policies for its employees for the fiscal year 2026-27. This tender is issued under the Punjab Water & Sanitation Authority Act 2025, with WASA Multan acting as its agency. Items being procured: - Financial Assistance with a bid security of Rs. 12,00,000 - Group Life Insurance with a bid security of Rs. 50,000 The scope includes coverage of valuable life risks of WASA Multan employees. Interested bidders must provide bids along with required documents and comply with the 'Single Stage One Envelope' bidding procedure as per PPRA Rules 2014. The original bid security must be submitted in the form of Bank Guarantee, Demand Draft, CDR, or Pay Order in favor of Water & Sanitation Agency, Multan. Eligibility criteria include a minimum AA++ rating, registration on the Punjab Procurement Regulatory Authority (PPRA) e-procurement portal, and compliance with bid security requirements. Tender documents can be downloaded from http://cproc.punjab.gov.pk/ViewTender.aspx and detailed terms and conditions are available on the PPRA website http://ppra.punjab.gov.pk. Bids must be submitted electronically via the PPRA e-procurement system by 16.11.2026 before 11:00 A.M. The bids will be opened the same day at 12:00 PM in the presence of bidders or their authorized representatives with original CNICs. In case of a public holiday, submission and opening will be deferred to the next working day at the same time. A practical tip for bidders: Ensure timely registration on the PPRA e-procurement portal and prepare all bid security documents in advance to avoid last-minute submission issues. Strict adherence to the single-stage one-envelope procedure will prevent disqualification.