This tender invites eligible bidders in Karachi to submit electronic bids for the Technical and Insured Risk Policy covering the Pakistan National Shipping Corporation (PNSC) fleet for the financial year 2026-2027. The Pakistan Reinsurance Company Limited requires comprehensive insurance coverage to manage risks associated with the fleet's operations, ensuring protection against potential liabilities and damages. The scope includes underwriting and risk assessment services tailored to maritime assets, demanding expertise in marine insurance policies and risk mitigation strategies. Bidders must be familiar with the technical specifications and insurance requirements as outlined in the E-PADS system documents. The bidding process is fully electronic, reflecting modern procurement practices in Karachi's insurance sector. Bidders should ensure compliance with all regulatory requirements, including valid registration with relevant authorities and adherence to Pakistan Reinsurance Company Limited's standards. While no explicit PEC category applies, maintaining a good FBR/ATL status is advisable to avoid disqualification. The tender aligns with the 2025-26 financial year policies, so bidders must prepare their submissions accordingly. The submission deadline is set for 13th February 2026 at 11:00 AM, with technical bids opening the same day at 11:30 AM. All bids must be submitted through the E-PADS online portal; manual or hard copy submissions will not be accepted. The physical address for correspondence is PRC Towers, 32-A Lalazar Drive, M. T. Khan Road, Karachi. Pro-Tip: Ensure your registration on the E-PADS system is complete well before the deadline to avoid last-minute technical issues. Also, carefully review the detailed terms and conditions in the electronic bidding documents to meet all technical and financial bid requirements.