Tender Details
Description / Scope of Work
The Punjab Higher Education Commission invites bids for hiring of group health insurance services to cover PHEC employees under a framework contract for the financial year 2026-27. This is a recurring annual procurement for comprehensive health insurance coverage delivered on behalf of PHEC, headquartered in Lahore on the 10th Floor Arfa Software Technology Park, Ferozepur Road. The tender follows open competitive bidding principles under the Punjab Procurement Rules and is advertised through the standard bidding document process.
Eligible bidders must be registered health insurance companies licenced and authorised to operate in Pakistan. Bidders should possess valid regulatory approvals from the relevant insurance authority and demonstrate financial stability and service capability for large-scale employee benefits administration. Bid security requirements and performance guarantees are specified in the tender conditions. Bidders must submit technical and financial proposals detailing coverage terms, premium rates, network of healthcare providers, claims processing procedures, and service level commitments.
The complete bidding document is available from the Deputy Director (Procurement) at the address and contact details provided. Interested bidders may obtain clarifications on the document before the specified deadline. Bids must be submitted in sealed envelopes by the closing date of 8 October 2026. Bid opening will take place at PHEC offices with responsive bids subject to technical and financial evaluation. Contact: Tel 042-99233037-38 Ext. 1066 or visit http://www.punjabhec.gov.pk/ for further information.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
PHEC is tendering group health insurance for its workforce on a framework basis for FY 2026-27.
This is a significant recurring contract for an established public sector organisation, likely involving several hundred employees across multiple salary bands. The procurement follows formal competitive bidding under Punjab Procurement Rules, suggesting institutional buyer sophistication and rigorous evaluation. Bidders should note the October 2026 closing date allows reasonable preparation time. Success will depend on competitive premium pricing, extensive healthcare provider networks covering major cities, efficient claims settlement, and compliance with insurance regulatory standards in Pakistan.
Who can bid: Bidders must be licenced health insurance companies registered with relevant Pakistani regulatory authorities and authorised to provide group health insurance. Typically required: valid Insurance Certificate from the regulator, audited financial statements for previous two years, minimum net worth thresholds, professional indemnity coverage, and documented experience with large group schemes. NTN registration and compliance with all state-level insurance requirements are standard prerequisites.