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 for non-consultancy services aimed at providing medical and health insurance coverage to the Board's employees and their families. The scheme covers hospitalization and surgical expenses up to specified entitlements per year within a network of hospitals. Benefits can be availed individually or collectively by family members. Items being procured: - Medical Health Insurance Plan The scope includes implementation of the insurance scheme, claims processing for outpatient and emergency treatments, and provision of management and claims reports to both the company and claimants. Bidders must be licensed insurance companies or agencies authorized by central legislation to undertake health and medical insurance activities. Technical and financial bids must be submitted separately in sealed envelopes and then placed in a larger sealed envelope. The technical bids will be evaluated by a committee, and only technically qualified bids will have their financial bids opened. Eligibility criteria include valid registration with FBR, relevant experience, and compliance with bid security requirements. The bidding process follows the Quality and Cost Based Selection (QCBS) method under the Single Stage Two Envelope procedure. Bids must be submitted online via EPADS v2.0 by 11:00 AM on September 9, 2026, with bid opening at 11:30 AM the same day. Manual submissions are not accepted. The bid security must be submitted as a pay order and the original delivered to the Fisheries and Livestock Complex, Gate # 2, NARC, Park Road, Islamabad. Interested bidders should register on EPADS and may seek clarifications up to September 8, 2026. A practical tip for bidders is to ensure timely registration on EPADS v2.0 and to carefully prepare separate technical and financial bids as per instructions to avoid disqualification. All correspondence should be addressed to the Manager at Fisheries Development Board, Islamabad. The deadline and submission method are strictly enforced to maintain transparency and fairness in the procurement process.