Pak-Arab Refinery Pearl Gas (Pvt.) Limited Political Violence Reinsurance Coverage 2026

Pakistan Reinsurance Company Limited (PRCL) under the Ministry of Commerce, Government of Pakistan, invites electronic bids from eligible bidders for Political Violence Reinsurance Coverage 2026 for Pak-Arab Refinery Pearl Gas (Pvt.) Limited. The coverage period is from 01-11-2026 to 31-10-2027 (tentative). Items being procured: - Political Violence Reinsurance Policy for PARCO-Pearl Gas (Pvt) Ltd with risk under NICL The bidding process will follow the single stage two envelope procedure as per Public Procurement Rules 2004 and related regulations, guidelines, and instructions issued by the Authority. Bidders must submit their bids electronically through the EPADS version 2.0 portal at https://vendors.epads.gov.pk/ no later than 14th September 2026 at 11:00 AM Pakistan Standard Time. Technical bids will be opened on the same day at 11:30 AM. Manual submission of bids will not be entertained. Eligibility criteria include compliance with Public Procurement Rules 2004 and registration on the EPADS portal. Bidders should ensure timely submission and adherence to all terms and conditions available in the bidding documents. Earnest Money or Bid Security requirements are as per the detailed bidding documents. For assistance, a tutorial explaining the registration process is available at https://www.youtube.com/watch?v=MNW6T38v7tE. Interested bidders are advised to review all documents carefully and prepare their bids accordingly. The PRCL reserves the right to accept or reject any or all bids within the purview of the Public Procurement Rules 2004. A practical tip for bidders: Ensure your EPADS registration is complete well before the submission deadline to avoid last-minute technical issues.