Group Health Insurance (With OPD) for Punjab Transport Company

Punjab Transport Company (PTC) invites bids from at least AA rated insurance companies or groups of companies for Group Health Insurance with OPD coverage. This procurement is specifically for the health insurance of PTC employees, including outpatient department (OPD) benefits, ensuring comprehensive medical coverage. Items being procured: - Group Health Insurance with OPD coverage The contract will commence from 16th October 2026 and will be valid until 15th October 2027, with a possibility of extension subject to mutual consent. Bidders must be registered with relevant authorities including PACRA/JCR-VIS and have valid registration with Income Tax and Sales Tax departments. Bids must be submitted online via the Punjab E-Procurement System (EP) portal at https://ep.punjab.gov.pk by 24th September 2026 at 03:00 PM. The bid opening will be conducted on the same day at 03:30 PM in the presence of bidders or their representatives. The bid security of PKR 1,000,000 (one million) must be submitted digitally through 1Link or Bank Guarantee options via the EP portal. Eligibility criteria include AA rating by PACRA/JCR-VIS, valid FBR/ATL registration, and compliance with Punjab Procurement Rules 2014 (amended). The procurement process follows a single stage two envelope procedure with least cost method. Interested bidders are advised to register on the PPRA portal and may contact PPRA helpline 1248 or 042-1248 from Monday to Saturday 09:00 AM to 06:00 PM for assistance. Tender documents can be downloaded from Punjab Procurement Regulatory Authority, Punjab E-Procurement System, and Punjab Transport Company websites. A practical tip for bidders: Ensure timely online registration and submission of bids on the EP portal to avoid disqualification due to late submission or incomplete documentation. Also, prepare the bid security in the required digital format to comply with submission guidelines.