Prequalification of Firms Under Open Framework Agreement Group Health Insurance Services for Air University Employees

The Air University, Islamabad Campus (Air University) invites bids for the prequalification of firms under an open framework agreement for Group Health Insurance Services for its employees for the financial year 2026-27. This procurement is specifically for non-consultancy services related to group health insurance coverage for Air University employees across its campuses, primarily located in Islamabad. Items being procured: - Plan A for group health insurance - Plan B for group health insurance - Plan C for group health insurance The scope includes providing comprehensive group health insurance services covering hospitalization, outpatient treatment, maternity benefits, vision care, dental care, and other related medical services as detailed in the bidding documents. The insurance plans cover employees and their dependents with specified limits for various categories and medical needs. The contract will be awarded based on Quality and Cost Based Selection (QCBS) criteria, ensuring the selection of the most advantageous bidder. Eligibility criteria require bidders to have a minimum credit rating of AA+, valid registration with the income tax department, a proven health insurance portfolio, and operational offices in Islamabad/Rawalpindi. Bidders must submit bids through the e-Pak Acquisition and Disposal System (EPADS) v2.0 by the deadline. Bid security in the form of a pay order or bid securing declaration is mandatory. The contract duration is for one year starting from December 30, 2026, with provisions for renewal through competition among prequalified firms. Technical evaluation will consider years of establishment, credit rating, financial capabilities, list of panel hospitals, complementary coverage features, online consultancy services, past project experience, client list, and ISO certification. Financial bids will be evaluated alongside technical scores to determine the successful bidder. Bidders are advised to carefully review the detailed terms and conditions, submit all required documents, and ensure compliance with the bid submission procedures. The submission deadline is Monday, September 14, 2026, at 11:00 AM, with bid opening at 11:30 AM on the same day via EPADS. Manual submissions will not be accepted. For successful participation, bidders should ensure timely registration on EPADS v2.0, prepare comprehensive technical and financial proposals, and maintain all eligibility requirements. The procuring agency reserves the right to reject any or all bids and to annul the procurement process without liability. Contact details for queries and submission of bid security originals are provided. This tender represents a significant opportunity for qualified insurance firms to partner with Air University in providing essential health coverage to its employees.