Tender Details
Description / Scope of Work
The Punjab Energy Efficiency and Conservation Agency (PEECA), under the Energy Department of the Government of the Punjab, invites bids from insurance companies and groups of companies for comprehensive group health insurance services. The procurement seeks to engage at least an AA-rated insurance provider (by PACRA or JCR-VIS) registered with relevant registration authorities and tax departments including Income Tax and Sales Tax authorities. The tender is open to qualified insurers meeting the specified financial and regulatory standards, with bids to be submitted electronically through the Punjab E-Procurement System (EP) portal at https://ep.punjab.gov.pk.
Eligible bidders must hold a minimum AA rating from PACRA or JCR-VIS and maintain current registration with relevant tax and regulatory bodies. Bidders are required to submit a bid security of PKR 280,000 in favor of the Managing Director of PEECA through 1Link payment options via the generated PSID number on the e-procurement portal. The bid security will be returned to unsuccessful bidders upon request following completion of the procurement process or upon issuance of a purchase order to the successful bidder.
Bids must be submitted electronically on the Punjab E-Procurement System by 2:00 PM on October 6, 2026, with opening scheduled for 2:30 PM the same day. Hard copy submissions by hand or courier will not be accepted. A pre-bid meeting will be held as per dates and times specified on the e-procurement portal. For assistance with registration and portal guidance, interested bidders may contact PPRA at Mobile Helpline 1248 or Landline 042-1248. Contact information for PEECA: Tel# 042-99268362.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
PEECA is procuring group health insurance services for its workforce, seeking an AA-rated insurer through a competitive electronic tender.
The PKR 280,000 bid security requirement and emphasis on regulatory compliance (PACRA/JCR-VIS rating, tax registration) indicate a formal, standardized procurement by a government energy agency. The tight submission window (same-day opening) and electronic-only submission requirement suggest a streamlined but professionally managed process. This appears to be an institutional insurance placement of moderate scale, likely covering employee benefits for PEECA staff rather than a large-scale public health initiative.
Who can bid: Bidders must be insurance companies or groups of companies with at least AA rating from PACRA or JCR-VIS. Registration with Income Tax, Sales Tax, and relevant insurance registration authorities is mandatory. Typically, bidders in Pakistan's health insurance sector must also hold a valid certificate of registration from the State Bank of Pakistan or relevant provincial insurance regulator.