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 extension of the submission deadline to November 4, 2026, at 3:00 p.m. (PST) aims to ensure a more competitive and comprehensive bidding process. Items being procured: - Financial advisory services for the privatisation process of Pakistan Reinsurance Company Limited (PRCL). The scope includes providing expert financial advisory support throughout the privatisation process, including valuation, transaction structuring, and bid evaluation. The advisor will work closely with the Privatisation Commission to ensure compliance with regulatory requirements and best practices. Eligible bidders should have relevant experience in financial advisory services for privatisation or similar transactions, be registered with FBR and on the Active Taxpayers List (ATL), and demonstrate strong financial and technical capacity. Earnest Money or Bid Security requirements, if any, will be detailed in the full tender documents. Proposals must be submitted by the deadline at the designated office of the Privatisation Commission. Interested bidders are advised to carefully review all tender documents and comply with submission instructions 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 understanding of privatisation advisory services to stand out in the evaluation process.