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Comprehensive Insurance of Bank Vehicles for 2026-27

Active Tender
Closing Date:
2026-08-11

Tender Overview

Category
Financial & Insurance Services
Sector
Services
Tender Type
Services
Procurement Method
Single Stage – One Envelope Bidding Process
Submission Method
Sealed technical and financial proposals submitted to the Divisional Head, Credit Administration Division, Head Office, Bank of Azad Jammu and Kashmir, Sardar Nazir Plaza, Gojra Bypass Road, Muzaffarabad.
Source Name
Newspaper

Location & Dates

City
Muzaffarabad
Province
Azad Jammu & Kashmir (AJK)
Country
Pakistan
Publish Date
2026-08-06
Closing Date
2026-08-11
Created At
2026-08-06 18:52:58

Contact & Websites

Contact Person
Divisional Head, Credit Administration Division
Contact Phone
05822-923004-5
Website
www.bankajk.com
Original Source
www.ajkppra.gov.pk

Tender Document

Tender Document

Tender Description

**Bank of Azad Jammu and Kashmir** invites sealed quotations from income tax and sales tax registered firms, bidders, and companies holding at least an A rating for comprehensive insurance of bank vehicles for the year 2026-27. The procurement will be conducted under the AJK Public Procurement Rules 2017 and AJK PPRA Rule 36(a), using a single-stage, one-envelope bidding process. Specific item list not provided in the notice. The required service covers comprehensive insurance protection for the Bank's vehicles during the 2026-27 policy period. Bidders should review the Request for Proposal and prepare complete technical and financial proposals, including all taxes levied in AJK and all documentation required for eligibility and evaluation. The RFP may be obtained from the submission address on payment of a non-refundable **Rs. 2,000** through pay order, demand draft, or banker's cheque in favour of Bank of AJK. Documents can be collected until **2026-08-10** during working hours from 9:00 AM to 5:00 PM. Bids must include bid security of **Rs. 150,000** in the form of CDR, demand draft, pay order, or banker's cheque in the name of Bank of AJK. Proposals without bid security will be rejected. Interested firms must possess a valid NTN, income tax and GST registration, relevant tax certificates, and active taxpayer status on the FBR/CBR Active Taxpayer List. Blacklisted firms are ineligible and bidders must submit an affidavit or certificate confirming that they are not blacklisted and have no conflict with the Government. Firms should also meet the required A rating condition. Sealed technical and financial proposals must be submitted by **2026-08-11 at 3:00 PM** and will be opened the same day at **3:30 PM**. The pre-bid meeting is scheduled for **2026-08-03 at 11:00 AM** in the Committee Room, Bank of AJK Head Office, Muzaffarabad. Submit documents to the Divisional Head, Credit Administration Division, Sardar Nazir Plaza, Gojra Bypass Road, Muzaffarabad. Proposals must remain valid for at least 120 days. Practical tip: confirm vehicle schedules, coverage terms, exclusions, and tax treatment before pricing.
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