Hiring of Security Guard Services on Rate Contract Basis

Punjab Life Insurance Company Limited (PLIC) invites sealed and electronic bids from eligible and registered Security Guard Service Providers for the hiring of Security Guard Services on a Rate Contract basis. This contract covers deployment of trained armed security guards at PLIC's existing and future offices, branches, and installations throughout Pakistan, including Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Islamabad Capital Territory, Azad Jammu & Kashmir, and Gilgit-Baltistan. Items being procured: - Armed Security Guards for deployment at PLIC offices and branches nationwide The contract duration is one year, extendable subject to satisfactory performance and applicable rules. Bidders must meet all eligibility, licensing, technical, and other requirements as specified in the bidding documents. A minimum technical score of 70/100 is required, and a bid security of PKR 100,000/- must be submitted. The bid validity period is 90 days from the date of bid opening. Bids must be submitted exclusively through the Punjab E-Procurement System (PEPS). The bid submission deadline is 10 September 2026 up to 12:00 PM, with bid opening scheduled for 10 September 2026 at 12:30 PM. The bidding documents are available on the Punjab Public Procurement Regulatory Authority (PPRA), Punjab website, and Punjab E-Procurement System. Procuring agency contact details are provided for correspondence and clarifications. A practical tip for bidders: Ensure timely registration and enrollment on the Punjab E-Procurement System and carefully review all eligibility criteria and technical requirements to avoid disqualification during the evaluation process.