Hiring services to operate and manage bancassurance business operations of State Life Insurance Corporation

State Life Insurance Corporation of Pakistan, based in Karachi, is inviting competent firms to provide services for operating and managing its Bancassurance business operations. This procurement is specifically for the Bancassurance Division at the Principal Office. The scope involves comprehensive management and operational services to enhance the corporation’s bancassurance activities, ensuring efficient business processes and customer engagement. Firms interested must be well recognized and registered with PPRA for E-Procurement on the EPADS system. The tender follows the Single Stage - Two Envelope Procedure, requiring submission of both technical and financial bids. The technical bid will be opened on the same day as submission, ensuring transparency and compliance with PPRA rules. Eligibility criteria include registration with PPRA, relevant experience in bancassurance or related financial services, and compliance with FBR and ATL requirements. Firms should prepare their bids carefully, including all necessary documentation such as Earnest Money or CDR as per tender instructions. The last date for bid submission is 20th July 2026 before 11:00 a.m., with technical bids opening at 11:30 a.m. Bids must be submitted exclusively through the EPADS system. The tender documents can be downloaded from the PPRA and State Life websites. A practical tip for bidders is to ensure timely registration on the EPADS platform and to double-check all bid documents for completeness before submission to avoid disqualification. Early preparation and adherence to the technical and financial bid requirements will increase the chances of success in this competitive tender.