Group Health Insurance for Audit Oversight Board Islamabad

The Audit Oversight Board (AOB) Islamabad invites e-bids from registered service providers for Group Health Insurance coverage for its employees and eligible dependents for a term of three years. This procurement is specifically for the Audit Oversight Board located at 1406, 14th floor, ISE Towers, 55-B Jinnah Avenue, Blue Area, Islamabad Capital Territory. Items being procured: - Group Health Insurance coverage for 19 employees - Coverage for 12 spouses - Coverage for 25 children The scope includes comprehensive hospital care, surgical and miscellaneous expenses with an annual limit of Rs. 500,000 per insured, daily room and board sub-limit of Rs. 25,000, maternity coverage for normal delivery up to Rs. 250,000 and C-section up to Rs. 350,000, and OPD coverage of Rs. 1,000,000 on a no administrative charge basis. OPD expenses will be replenished by AOB as required during the policy term. The technical bid must be submitted electronically through the PPRA e-Pak Acquisition & Disposal System (EPADS) by 03:00 pm on 22nd July 2026. The financial bid will be opened only for technically qualified bidders. Manual or physical bids will not be accepted. Bidders must be registered with the Federal Board of Revenue and be on the Active Taxpayers List. The bid validity period is 150 days. Eligibility criteria include registration with FBR, active taxpayer status, and relevant experience in health insurance or takaful services. Evaluation will consider years in business, portfolio size, credit ratings, number of corporate clients, paid-up capital, and panel hospital facilities. The submission address is Audit Oversight Board, 1406, 14th floor, ISE Towers, 55-B Jinnah Avenue, Islamabad. The bid opening will be held on the same day at 03:30 pm. A practical tip for bidders: Ensure your EPADS registration is complete and verified well before the deadline to avoid last-minute technical issues. Also, carefully prepare your technical bid to meet all evaluation criteria to qualify for financial bid opening.