Pakistan Petroleum Limited Property Damage/OEE Reinsurance Coverage 2026

Pakistan Reinsurance Company Limited (PRCL) on behalf of Pakistan Petroleum Limited invites bids for Property Damage and OEE Reinsurance Coverage for the year 2026. This addendum updates the terms and conditions along with the property damage schedule as detailed in Annexure-A titled 'Addendum-1' available on the EPADS V2.0 portal at https://vendors.epads.gov.pk/. Items being procured: - Property Damage Reinsurance Coverage - OEE (Operator's Extra Expense) Reinsurance Coverage The scope includes comprehensive reinsurance coverage for property damage and operational extra expenses for Pakistan Petroleum Limited. Bidders must review the updated terms and conditions carefully as all other contents of the bidding document remain unchanged. Eligibility criteria include valid registration on the EPADS portal and compliance with Pakistan Reinsurance Company Limited requirements. Interested bidders should ensure timely submission of bids as per the EPADS schedule. The tender was published on 14 August 2026 with a closing date of 21 August 2026. Bids must be submitted electronically via the EPADS portal. A practical tip for bidders is to thoroughly review the addendum document on the EPADS portal to understand the updated property damage schedule and terms, ensuring compliance and competitive bid preparation.