Provision of Group Health Insurance for PFAS Employees

Punjab Financial Advisory Services (PFAS) invites bids for the provision of group health insurance for its employees in Lahore. PFAS is a newly established entity under the Finance Department, Government of Punjab, providing financial, fiscal, and management advisory services to public sector institutions. The procurement is conducted through the Punjab E-Procurement System using a Single Stage Two Envelope Bidding Procedure as per PPRA Rules, 2014 (as amended). Items being procured: - Group Health Insurance coverage for PFAS employees Bidders must be registered firms, companies, or organizations with relevant registration authorities and tax departments. Partial bidding is not allowed. The estimated total cost of this procurement is **PKR 10,000,000/-** inclusive of all applicable taxes. A bid security amount of **PKR 500,000/-** (5% of the estimated amount) is required. Bids must be submitted electronically through the Punjab E-Procurement System on or before **21st September 2026 till 11:00 AM**. Manual or courier submissions will not be entertained. Bids will be opened on the same day at 11:30 AM in the presence of bidders' representatives. A pre-bid meeting is scheduled for 10th September 2026 at 11:00 AM. Eligibility criteria include valid registration on the Punjab E-Procurement System, relevant tax registrations, and compliance with PPRA rules. The procurement process is governed by Punjab Procurement Rules, 2014. Interested bidders should carefully review the detailed requirements and terms available on the Punjab E-Procurement System and PFAS websites. A practical tip for bidders: Ensure timely registration and familiarity with the Punjab E-Procurement System to avoid disqualification due to technical submission errors. Early submission is recommended to address any system issues before the deadline.