Tender Details
Description / Scope of Work
The Privatisation Commission of the Government of Pakistan is inviting technical and financial proposals for the hiring of a Financial Advisor to support the privatisation of the State Life Insurance Corporation of Pakistan (SLIC). This assignment follows a public advertisement published in national newspapers on 7 July 2026 and seeks comprehensive proposals covering possible transaction structure options, detailed terms of reference, evaluation criteria, and a draft Financial Advisory Services Agreement. The scope encompasses full financial advisory support for the privatisation process, which represents a major structural reform of a significant state-owned enterprise. Interested parties are required to submit proposals that address all aspects of the advisory mandate, including due diligence coordination, buyer identification, negotiation support, and transaction closing assistance. The Request for Proposal (RFP) package and all associated documentation, including amended Terms of Reference (TORs), Evaluation Criteria, and the Draft Financial Advisory Services Agreement (FASA), are available on the Privatisation Commission website at https://privatisation.gov.pk/SLIC-FAE01. Prospective bidders should note that this advertisement does not constitute an offer or any representation or warranty with respect to statements made therein. The last date for submission of proposals is 13 August 2026 at 3:00 PM Pakistan Standard Time. Queries and clarifications should be directed to the Transaction Manager at the Privatisation Commission.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
A major mandate to provide comprehensive financial advisory services for privatising State Life Insurance Corporation (SLIC), a substantial state-owned insurer. This is a high-profile, complex transaction requiring deep experience in insurance sector privatisation, M&A structuring, and regulatory navigation. The tight deadline (13 August 2026) and multi-stakeholder nature suggest significant preparatory work. Recurring advisory engagement with government as sole client; strong track record essential given reputational stakes of public enterprise sale.
Who can bid: Typically, bidders must be reputable financial advisory firms registered with SECP or equivalent professional body, with proven experience in major privatisation transactions and insurance sector knowledge. PEC registration not applicable. Specific eligibility criteria stated in the RFP document; review of detailed TORs and FASA mandatory before proposal preparation.