Prequalification of International Reinsurance Brokers for Pakistan Reinsurance Company Limited

Pakistan Reinsurance Company Limited (PRCL) invites applications for the prequalification of International Reinsurance Brokers to handle PRCL's Facultative & Treaty Business. This prequalification process is open to all potential bidders in line with PPRA Rule 16-A and related procurement guidelines. Items being procured: - Prequalification of International Reinsurance Brokers for Facultative & Treaty Business The process requires bidders to submit detailed proposals electronically via the EPADS version 2.0 portal by 14th October 2026 at 11:00 AM. The proposals will be opened the same day at 11:30 AM. Manual submissions will not be accepted. The scope involves brokerage services for reinsurance placements, requiring expertise in international markets and compliance with regulatory standards. Eligible bidders should be registered with FBR and listed on the Active Taxpayers List (ATL). Experience in reinsurance brokerage and compliance with PPRA rules is essential. Earnest Money or Bid Security requirements are not explicitly mentioned but bidders should prepare accordingly. The submission portal is https://vendors.epads.gov.pk/. A tutorial for registration is available at https://www.youtube.com/watch?v=MNW6T38v7tc. Bidders are advised to ensure timely electronic submission to avoid disqualification. A practical tip for bidders: Familiarize yourself thoroughly with the EPADS portal and complete your registration well before the deadline to avoid last-minute technical issues. Ensure all required documents and credentials are uploaded correctly to meet the technical bid criteria. This tender is issued by Pakistan Reinsurance Company Limited, located in Karachi, Sindh. For further inquiries, contact the In-Charge Retrocession at Ph#021-99020908-14.