On Premises Software as a Service Solution for IFRS-17 Calculation Engine

The State Life Insurance Corporation of Pakistan is procuring an On Premises/Software as a Service (SaaS) solution specifically designed for the IFRS-17 Calculation Engine. This tender is aimed at IT service providers capable of delivering a robust and compliant software solution to meet the corporation's financial reporting requirements under IFRS-17 standards. Items being procured: - On Premises/Software as a Service (SaaS) Solution for IFRS-17 Calculation Engine The technical scope involves delivering a comprehensive software platform that supports the complex calculations and reporting standards mandated by IFRS-17. The solution must be deployable on-premises or via SaaS, ensuring flexibility and security for the IT Division of State Life Insurance Corporation. The project requires integration with existing IT infrastructure and compliance with regulatory standards. Eligible bidders should have relevant experience in financial software solutions, particularly in IFRS-17 compliance. Registration with FBR and ATL is mandatory. PEC category is not applicable as this is a software procurement. Bidders must demonstrate technical expertise and past performance in similar projects. The tender was originally published on 11-07-2026, with the bid opening date corrected to 12-08-2026. Interested parties should prepare their Technical and Financial Bids accordingly. Submission deadlines and detailed instructions are available in the original tender documents. A practical tip for bidders: Ensure your technical proposal clearly outlines your solution's compliance with IFRS-17 and includes detailed implementation timelines. Early engagement with the corporation's IT division can facilitate smoother integration and increase your chances of success.