Hiring of Legal Advisor on Retainership Basis for Pakistan Reinsurance Company Limited

Pakistan Reinsurance Company Limited (PRCL), Karachi invites electronic bids through EPADS version 2.0 for the hiring of a Legal Advisor on retainership basis. This procurement is managed by the Ministry of Commerce and targets qualified legal professionals or firms capable of providing ongoing legal advisory services to PRCL. Items being procured: - Legal Advisor services on retainership basis The scope involves providing expert legal advice, handling regulatory compliance, contract reviews, and other legal matters pertinent to PRCL operations. The service will be delivered electronically via the EPADS platform, ensuring transparency and efficiency in the procurement process. Eligible bidders must comply with the Public Procurement Rules 2004, possess relevant legal expertise, and be registered with FBR and ATL. Experience in corporate legal advisory, especially within the insurance or reinsurance sector, will be advantageous. The bid security required is PKR 20,000, which must accompany the electronic bid submission. The deadline for submission is 17th August 2026 at 11:00 AM Pakistan Standard Time, with technical bids opening the same day at 11:30 AM. Manual submissions will not be accepted. A practical tip for bidders is to ensure timely registration and submission through the EPADS system, as late or manual bids will be rejected. Familiarity with the single stage two envelope procedure will also enhance compliance and bid evaluation success. This tender offers a valuable opportunity for legal professionals to engage with a prominent government entity in Karachi, providing critical legal services on a retainer basis.