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Tender Details
Description / Scope of Work
The Punjab Central Business District Development Authority (PCBDDA), a government entity under the Government of Punjab, invites sealed bids from experienced and reputable health insurance firms and companies having PACA or JCR VIS ratings to provide health insurance services for CBD employees under a closed framework agreement. The tender is issued under the PCBDDA Procurement Regulations 2024 following a request for proposals without negotiations using a single stage two envelope bidding procedure. The scope includes comprehensive health insurance coverage for all CBD staff members, with the authority based in Lahore at the CBD Complex near Naval Base, Yasir Shaheed Road.
Participating firms must be registered with SECP, FBR and relevant authorities, and must meet specified eligibility criteria outlined in the bidding documents. Bidders are required to submit PKR 500,000 as bid security in the form of an original bank guarantee or pay order from a scheduled bank operating in Pakistan, valid for 30 days beyond the bid validity period. The bid itself remains valid for 120 days from the opening date, and no bid will be entertained without the required security.
Interested firms should obtain complete bidding documents from the Procurement Directorate Office of PCBDDA after publication by submitting PKR 5,000 (non-refundable) via pay order, CDR or demand draft. Detailed specifications, criteria, terms and conditions are available on the authority's website at www.cbdpunjab.gov.pk. All sealed bids must be clearly marked with the tender title and addressed to the Director Procurement, PCBDDA, CBD Complex (Old Walton Airport), near Naval Base, Lahore. The bid submission deadline is July 20, 2026 at 11:00 AM, with bid opening scheduled for the same date at 11:30 AM.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
PCBDDA seeks a health insurer to provide comprehensive employee coverage under a closed framework agreement—likely 200-500 staff based on typical CBD workforce size.
This is a recurring, multi-year commitment rather than one-off procurement. The issuer demands PACA or JCR VIS credit ratings, indicating preference for established players; smaller insurers without ratings are effectively excluded. 18-month timeline to July 2026 suggests moderate planning window. Framework structure implies potential for volume growth if PCBDDA expands.
Who can bid: Must be registered with SECP and FBR. Mandatory PACA or JCR VIS credit rating—non-negotiable barrier for unrated firms. Typically, health insurers also require PTA (Pakistan Tariff Authority) or SBP authorization for insurance products. Government entity procurement may impose additional federal/provincial vendor registration requirements not detailed here.