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

The Privatisation Commission of Pakistan invites qualified firms to submit Technical and Financial Proposals for the hiring of a Financial Advisor for the privatisation of Pakistan Reinsurance Company Limited (PRCL). This notice serves as an addendum and extension of the original deadline to allow a more competitive bidding process. The revised deadline for submission of proposals is **October 21, 2026, at 03:00 p.m. (PST)**. 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. The advisor will work closely with the Privatisation Commission to ensure compliance with regulatory and procedural requirements. Eligible bidders should have relevant experience in financial advisory for privatisation or similar transactions, be registered with FBR and on the Active Taxpayers List (ATL), and provide earnest money or bid security as per the detailed tender documents. Proposals must be submitted by the deadline to the Privatisation Commission office in Islamabad. Interested bidders are advised to carefully review the tender documents and ensure timely submission to avoid disqualification. A practical tip for bidders: Ensure your financial proposal is clear and competitive, and your technical proposal highlights your relevant experience and capacity to handle complex privatisation transactions effectively. Early preparation and compliance with all submission requirements will improve your chances of success.