Tender Details
Description / Scope of Work
State Life Insurance Corporation of Pakistan (SLIC), through its Central Procurement Division in Karachi, Sindh, invites bids for hiring of consultancy services for the development of an accounting manual. This is a non-consultancy services engagement on a national basis using single stage two-envelope bidding methodology. The project aims to establish comprehensive accounting procedures and guidelines tailored to SLIC's operational requirements. The procurement is open to qualified consultants and firms with relevant experience in accounting framework development and financial management system design. The work will be executed in Karachi, Sindh province, with deliverables focused on creating a structured, compliant accounting manual aligned with international best practices and Pakistani regulatory standards.
Eligibility criteria require bidders to demonstrate prior experience in similar accounting manual development projects, possess relevant professional qualifications, and maintain compliance with all applicable Pakistani laws and regulations. Bidders must submit bid security as specified in the Bid Data Sheet. A Non-Disclosure Agreement (NDA) and Integrity Pact are mandatory components of the bid package. Performance guarantees will be required from the successful consultant upon contract award. Bidders should carefully review all eligibility requirements outlined in the detailed bidding document before submission.
Bid documents are available from the Central Procurement Division, State Life Building No. 09, Dr. Ziauddin Ahmed Road, Karachi, Saddar Sub-Division, Karachi South. For queries, contact the Admin Incharge CPD-PO at phone +92-300-228-8647 or email dmgs@statelife.com.pk. The bidding process follows a two-envelope system with detailed evaluation criteria specified in the standard bidding document. All submissions must comply with instructions to bidders and include required forms including bid securing declaration, contract form, and specimen documents as listed in the procurement notice.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
SLIC seeks a consultant to develop a comprehensive accounting manual governing financial procedures, record-keeping, and compliance frameworks.
This is a one-off professional services engagement rather than a supply or construction contract, likely of medium scope given the consultancy nature. The project requires deep knowledge of insurance sector accounting, Pakistani regulatory environment, and manual development methodology. Bidders should note the two-envelope format and mandatory integrity pact requirement. Timeline to closing (September 7, 2026) provides moderate preparation window.
Who can bid: The notice does not explicitly state PEC category, registration authority, or bidder classification requirements. Typically, consultancy service providers must hold valid NTN registration, SECP registration (if a company), and professional qualifications relevant to accounting and financial management. Insurance sector experience is likely required but not explicitly mandated in the visible sections.