Procurement of Insurance Company Services for Insurance Coverage Through Takaful for Loans Given to Employees by Punjab Land Records Authority

The Punjab Land Records Authority (PLRA) invites bids for the procurement of services of an insurance company to provide insurance coverage through Takaful for loans given to its employees. This corrigendum updates the evaluation criteria for the tender originally published on 18.09.2026 on the Punjab e-Procurement System and PPRA website. The revised bidding document is available on the Punjab e-Procurement System/PPRA website. All other terms and conditions remain unchanged. Items being procured: - Insurance coverage services through Takaful for employee loans The scope involves providing comprehensive insurance coverage under Shariah-compliant Takaful principles for loans extended to PLRA employees. Bidders must ensure compliance with all regulatory requirements and provide robust coverage terms. Eligibility criteria include valid registration with FBR and ATL, relevant experience in insurance services, and submission of earnest money or bid security as per tender documents. Bidders should carefully review the revised evaluation criteria before submission. Bids must be submitted online via the Punjab e-Procurement System. The opening of bids will be conducted by the respective committee on the specified date and time in the presence of bidders who choose to attend. For further information, bidders may contact the Procurement Officer via email at proc.officer@punjab-zameen.gov.pk or by phone at 042-99330125-26. The official website www.punjab-zameen.gov.pk provides access to all tender documents and updates. A practical tip for bidders is to thoroughly review the revised evaluation criteria and ensure all required documents and bid securities are submitted online before the deadline to avoid disqualification.