Group Health Insurance for Bank of Azad Jammu and Kashmir Staff for FY 2026-27

Bank of Azad Jammu and Kashmir invites sealed quotations from income tax and sales tax registered firms, bidders, or companies having at least rating 'AA' for Group Health Insurance of bank's staff for the year 2026-27. This procurement follows the AJK Public Procurement Rules 2017 under the Single Stage - Two Envelope Bidding Process as per AJK PPRA Rule 36(b). Items being procured: - Group Health Insurance coverage for Bank of Azad Jammu and Kashmir staff for the financial year 2026-27. The scope includes providing comprehensive group health insurance services to the bank's employees based in Muzaffarabad. Interested bidders must submit technical and financial proposals, ensuring compliance with all applicable taxes levied in AJK. The bid security amounting to Rs 1,000,000/- must be submitted with the bid in the form of CDR, DD, PO, or Banker Cheque in favor of Bank of AJK. Bidders must have valid NTN (Income Tax and GST), relevant tax certificates, and be on the Active Taxpayer List of FBR/CRA. Blacklisted firms or bidders are prohibited from participation, and all bidders must furnish an affidavit certifying they are neither blacklisted nor in conflict with the government anywhere in AJK or Pakistan. Key dates include the pre-bid meeting on 22 October 2026 at 11:00 AM at the committee room of Bank of Azad Jammu Kashmir Head Office Muzaffarabad. The last date for submission of technical and financial proposals is 28 October 2026 till 01:30 PM, with bids opening on the same day at 02:00 PM. The proposals/bids should remain valid for a minimum period of 120 days. Submission and opening of tender documents will take place at the Head Office, Bank of Azad Jammu and Kashmir, Sardar Nazir Plaza, Gojra Bypass Road, Muzaffarabad. The bank will not be responsible for any cost incurred in submission of documents. Evaluation reports and award of contract will be displayed on the AJK PPRA website. A practical tip for bidders: Ensure your bid security is properly prepared and submitted in the correct form as specified, and double-check all tax registrations and certificates to avoid disqualification. Timely attendance at the pre-bid meeting can provide valuable clarifications and improve your proposal quality.