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

The Privatisation Commission (PC) on behalf of the Government of Pakistan (GOP) invites experienced parties to submit Technical and Financial Proposals for hiring a Financial Advisor (FA) to provide advisory services for the privatisation of Pakistan Reinsurance Company Limited (PRCL). This engagement involves undertaking the full transaction process for PRCL's privatisation. Items being procured: - Financial advisory services for the privatisation transaction of PRCL Interested parties may act individually or as a consortium with relevant experience in similar transactions. The Request For Proposal (RFP) package includes detailed Terms of Reference (TORs), Evaluation Criteria, and Draft Financial Advisory Services Agreement (FASA), available at https://privatisation.gov.pk/PRCL. Proposals must be submitted by email to rizwan@privatisation.gov.pk and by courier with one original and five copies (technical and financial) to the office of the Advisor (Power-II), 4th Floor, New Pak Secretariat Building, Kohsar Block, Constitution Avenue, Islamabad. A non-refundable processing fee of US$1000 must be paid via banker's cheque or wire transfer to the specified bank account. The submission deadline is 3pm Pakistan Standard Time on October 2, 2026. Eligibility requires proven experience in financial advisory for privatisation transactions. Bidders should ensure compliance with all RFP instructions and timely submission. This is a critical opportunity for firms specializing in financial advisory services in the public sector privatisation domain. A practical tip for bidders: Carefully review the TORs and evaluation criteria in the RFP to tailor your proposal accordingly and ensure all required documents and copies are submitted before the deadline to avoid disqualification.