Prequalification of International Reinsurance Brokers for Pakistan Reinsurance Company Limited

Pakistan Reinsurance Company Limited (PRCL) under the Ministry of Commerce, Government of Pakistan, invites applications for the prequalification of international reinsurance brokers for PRCL's facultative and treaty business. This prequalification process is scheduled with the submission deadline on 14th October 2026 at 11:00 AM and the opening of applications/proposals on the same day at 11:30 AM. Items being procured: - Prequalification of International Reinsurance Brokers for PRCL's Facultative & Treaty Business The scope involves selecting qualified international brokers to handle facultative and treaty reinsurance business for PRCL. Interested bidders must comply with the Public Procurement Rules 2004, specifically rule 16-A, and any regulatory guidelines issued by the authority. The bidding process is open to all potential bidders meeting the eligibility criteria. E-bidding documents containing detailed terms, conditions, specifications, and requirements are available on the EPADS version 2.0 portal at https://vendors.epads.gov.pk/. Bidders must submit their e-bids electronically through this portal by the stated deadline. Manual submission of bids will not be entertained. Eligibility includes compliance with PPRA rules, registration on the EPADS portal, and adherence to all specified requirements in the bidding documents. The PRCL reserves the right to accept or reject any or all bids as per the Public Procurement Rules 2004. A practical tip for bidders is to carefully review the tutorial available at https://www.youtube.com/watch?v=MNW6T38v7tc to ensure proper registration and submission on the EPADS portal, avoiding last-minute technical issues.