Health Insurance Services for Employees of Pakistan Stone Development Company Islamabad

This tender invites sealed proposals from reputed Health Insurance Companies for providing comprehensive health insurance coverage to employees of Pakistan Stone Development Company (PASDEC) in Islamabad. The insurance covers hospitalization, maternity, and accidental benefits under three groups with varying annual limits and room rent caps. The scope includes pre and post-hospitalization diagnostic tests, consultations, medicines, surgeries without sub-limits, and unlimited hospitalization days. Coverage extends to critical treatments such as angioplasty, cancer chemotherapy, organ transplants, and emergency dental care. Maternity benefits cover normal and caesarian births with specified limits and include prenatal and postnatal care. Accidental hospitalization benefits increase coverage limits by 20%. Bidders must have an A+ rating and submit bids with 2% bid security via PO/DD in favor of PASDEC. The quoted price must include all taxes, with premiums payable quarterly. Bids should be valid for 60 days and arranged by employee groups. The tender emphasizes compliance with FBR/ATL requirements and advises bidders to ensure PEC category alignment and valid tax status for the 2025-26 financial year. Submission deadline is at 10:00 am on 16th February 2026, with bid opening at 10:30 am the same day at PASDEC's Procurement Department, 2nd Floor, ICCI Building, Mauve Area, G-8/1 Islamabad. Pro-Tip: Make sure to attach the proof of A+ rating and arrange the bid documents strictly as per employee groups to avoid disqualification. Also, verify the bid security format and validity period carefully to meet PASDEC's requirements.