Hiring of Financial Advisor for the Privatisation of Pakistan Reinsurance Company Limited (PRCL)

The Privatisation Commission invites qualified firms or individuals for the hiring of a Financial Advisor for the privatisation of Pakistan Reinsurance Company Limited (PRCL). This addendum announces an extension of the deadline for submission of Technical and Financial Proposals to October 21, 2026, at 03:00 p.m. (PST) to ensure a more competitive process. Items being procured: - Financial advisory services for the privatisation process of PRCL The scope includes providing expert financial advisory services to facilitate the privatisation, including valuation, transaction structuring, and bid process management. Interested bidders should have relevant experience in privatisation advisory, be registered with FBR, and comply with all regulatory requirements. The submission deadline is now extended to the specified date and time. Proposals must be submitted in accordance with the original tender documents. For further details, bidders are advised to contact the designated official. A practical tip for bidders: Ensure your financial proposal is clear and competitive, and your technical proposal highlights your relevant privatisation advisory experience to improve your chances of selection.