Medical Health Insurance Plan for Fisheries Development Board Islamabad

The Fisheries Development Board Islamabad invites bids for the provision of a comprehensive Medical Health Insurance Plan for the financial year 2026-27. This procurement is aimed at securing non-consultancy services to cover hospitalization and surgical expenses for the Board's employees and their families. The plan includes coverage limits and entitlements as per the detailed schedule provided in the bidding documents. Items being procured: - Medical Health Insurance Plan covering hospitalization and surgical procedures - Coverage for employees and dependents with specified limits for room rent, maternity, delivery, and other medical expenses The scope includes implementation of the insurance scheme with coverage for beneficiaries up to the specified entitlement per year, extendable subject to terms. The insurance must be provided by licensed and registered companies or agencies authorized under central legislation. Bidders must submit separate sealed technical and financial bids, which will be evaluated by a Technical Bid Evaluation Committee. Financial bids of technically qualified bidders will be opened subsequently. Eligibility criteria require bidders to have relevant experience, financial capacity, and valid registrations including FBR and SECP where applicable. Bid security in the form of a Pay Order or Bid Securing Declaration is mandatory. The procurement will follow the Quality and Cost Based Selection (QCBS) method under the Single Stage One Envelope procedure. Key dates include the bid submission deadline on Monday, October 19, 2026 at 11:00 AM via EPADS v2.0, with bid opening at 11:30 AM the same day. Manual submissions are not accepted. Bidders are advised to register on EPADS v2.0 in advance and review all bidding documents carefully. The submission of original bid security to the specified address is required before the deadline. A practical tip for bidders: Ensure your technical bid fully addresses the detailed specifications and eligibility criteria to avoid disqualification. Early registration and submission through EPADS v2.0 will help prevent last-minute issues. This tender is issued by the Fisheries Development Board, located at Fisheries and Livestock Complex, Gate # 2, NARC, Park Road, Islamabad.