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Internal Audit Co Sourcing Services by Punjab Life Insurance Company Limited

Tender No: PLIC/PROC/2026/01
Active Tender
Closing Date:
2026-08-06

Tender Document

Tender Document

Tender Description

Punjab Life Insurance Company Limited (PLIC) is inviting applications and proposals from QCR rated Chartered Accountant Firms listed on SECP’s approved panel for life insurers. The procurement is for Internal Audit Co Sourcing services to support the company’s internal audit functions. This tender is issued by the Procurement Department of Punjab Life Insurance Company Limited, located in Lahore. Items being procured: - Internal Audit Co Sourcing services The scope involves providing professional internal audit services in accordance with regulatory and company standards. The selected firm will be expected to deliver comprehensive audit support, ensuring compliance and risk management within the insurance sector. The work will be conducted primarily at the company’s office premises in Lahore. Eligible bidders must be QCR rated Chartered Accountant Firms on SECP’s approved panel for life insurers. Firms should have relevant experience in internal audit services for insurance companies and must comply with all regulatory requirements including valid FBR and ATL registration. Tender documents can be downloaded from the Punjab e-Procurement System and PPRA website. Hard copies of proposals must be submitted to the Procurement Department, Punjab Life Insurance Company Limited, First Floor, Pakistan Engineering Congress Building, 97-A/D-1, Liberty Market, Gulberg III, Lahore. The submission deadline is **06 August 2026, 11:30 AM**, with bid opening scheduled for **06 August 2026, 12:00 PM**. A practical tip for bidders: Ensure your Technical Bid clearly demonstrates your QCR rating and experience with life insurers, as this is a mandatory eligibility criterion. Also, strictly adhere to the submission deadline and provide all required documentation to avoid disqualification.
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