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Hiring of Office Space/Building for State Life Insurance Corporation H&AI Zonal Office Swat

Tender No: SLIC/H&AI/HR& ADMIN/SWT/02/2026
Active Tender
Closing Date:
2026-10-15

Tender Document

Tender Description

State Life Insurance Corporation of Pakistan invites sealed bids for hiring office space/building on rent for its Health and Accidental Insurance (H&AI) Zonal Office in Swat. The office space is required in Saidu Sharif, preferably within 300–500 meters of the main commercial roads, ensuring convenient access for staff and visitors. The premises must have a covered area of approximately 9,800 square feet, adequate parking for at least 15 LTVs/cars, and essential amenities including electricity, water supply, and telephone connectivity. A dedicated three-phase electricity connection and a proper drainage system are mandatory. The building should be in good condition, hygienic, free from structural deficiencies, water leakages, and sanitation issues. Accessibility from main roads without narrow or obstructed streets is required, with preferably asphalted or concrete-paved access roads. Items being procured: - Office space/building with approx. 9,800 sq. ft. covered area - Parking facility for minimum 15 LTVs/cars - Basic amenities: electricity, water, telephone - Dedicated three-phase electricity connection - Functional drainage system - Good condition, hygienic and well-maintained premises - Convenient location near main commercial roads in Saidu Sharif Bidders must be registered with Income Tax and Sales Tax departments and submit bids on EPADS version 2 under Single Stage One Envelope procedure. Bid security of PKR 20,000 in the form of Pay Order/Demand Draft in favor of State Life Insurance Corporation of Pakistan (H&AI) is mandatory. The initial agreement will be for three years with an annual escalation of 10%. Bids must include signed general terms and conditions, affidavit on Rs.100 stamp paper confirming the property is free from disputes and litigation, ownership documents, CNIC copy of the owner, and financial proposal with rent quoted in words and figures. Late or conditional bids will be rejected. The tender submission deadline is **15-10-2026 at 11:00 AM**, with bid opening at 11:30 AM the same day. Bidders should ensure all facilities are available as agreed; failure may result in a penalty of 5% of monthly rent weekly. State Life reserves the right to accept or reject any or all bids as per PPRA rules. A practical tip for bidders: Carefully verify all ownership and legal documents to avoid disqualification. Ensure the premises meet all technical criteria before bidding to avoid penalties or rejection. Contact the Incharge Procurement (H&AI), State Life Insurance Corporation Zonal Office Swat, House #5, ZTB Road, Near NBP Regional Office, College Colony, Saidu Sharif, Swat. Phone: 0946-728532. Website: http://www.statelife.com.pk
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