Property Damage/OEE Reinsurance Coverage 2026 for Pakistan Petroleum Limited

Pakistan Reinsurance Company Limited (PRCL) invites bids for Property Damage/OEE Reinsurance Coverage 2026 on behalf of Pakistan Petroleum Limited. This addendum updates the terms and conditions and property damage schedule for the tender originally advertised on EPADS portal on 14-08-2026 and published in Express Tribune and Roznama 92News newspapers on 12-08-2026. Items being procured: - Property Damage Reinsurance Coverage - OEE (Operator's Extra Expense) Reinsurance Coverage The scope includes updated terms and conditions as per Annexure-A titled Addendum-I available on EPADS V2.0 portal. Bidders should review the updated schedule carefully to understand the coverage details and requirements. Eligibility criteria include valid registration on EPADS portal, compliance with FBR and ATL requirements, and relevant experience in reinsurance services. Earnest Money and Bid Security details remain as per original tender documents. The submission deadline is 21 August 2026. Bidders must submit their bids through the EPADS portal as per instructions. For queries, contact the Assistant Manager / HOD Retrocession at Pakistan Reinsurance Company Limited, M.T. Khan Road, Head Office, Karachi. A practical tip for bidders: Ensure you download and thoroughly review the Addendum-I document from the EPADS portal to avoid missing any updated terms that could affect your bid compliance and evaluation.