Tender Details
Description / Scope of Work
Hazara Electric Supply Company (HAZECO) invites sealed bids for the provision of comprehensive health insurance and group life insurance (GLI) services on a national basis. This is a non-consultancy services tender issued under a single stage, two-envelope bidding procedure. The procurement covers health insurance coverage and group life insurance schemes for HAZECO's workforce and related beneficiaries, with services to be delivered from the company's headquarters in Gulistan Colony, College Road, Abbottabad, located in the Hazara Division of Khyber Pakhtunkhwa province.
Bidders must meet specified eligibility criteria and provide evidence of financial capacity, past performance on similar contracts, and compliance with regulatory requirements. Bid security is required as per the bid data sheet specifications. All bidders must submit required technical and financial documentation as outlined in the tender instructions. Interested parties should carefully review the scope of work, service specifications, and contract terms detailed in the document, which include general and special conditions of contract, integrity pact requirements, and performance guarantee obligations.
Bid documents are available for download and must be submitted in sealed envelopes in two separate envelopes (technical and financial) as per instructions. Bids will be opened on the specified date following the two-envelope process. All queries and correspondence should be directed to the Manager Supply Chain Management at HAZECO HQ, Gulistan Colony, Abbottabad, via telephone +92-370-371-0055 or email manager.scm@hazeco.com.pk. The tender closing date is 25 September 2026.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
HAZECO seeks an insurance provider for employee health coverage and group life insurance across its Khyber Pakhtunkhwa operations.
The contract appears medium-to-large scale given the company's regional utility presence and workforce size. This is a service contract renewal or new procurement with clear scope; the tight closing date (mid-September 2026) and two-envelope process suggest a formal, competitive exercise. Bidders should note the requirement for comprehensive technical and financial proposals, past contract experience, and performance guarantees.
Who can bid: The notice does not explicitly state bidder eligibility categories. Typically, insurance service providers must be registered with the State Bank of Pakistan, hold a valid insurance license, possess current tax and corporate registration (NTN, SECP), and demonstrate prior experience with employee group schemes. Bidders should verify all regulatory requirements in the detailed BDS and Instructions to Bidders sections.