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Tender Details
Description / Scope of Work
Punjab Industrial Estates Development and Management Company (PIEDMC) invites sealed bids for the provision of comprehensive medical health insurance coverage for its employees during the financial year 2026-27. The contract reference number is PIE/P&C/MHI/26/45 and bidding documents are available as of September 2026. This is a recurring annual contract for employee health insurance benefits, which typically covers inpatient and outpatient medical expenses, hospitalization, and related healthcare services for PIEDMC staff members across Punjab province.
Eligible bidders must be registered insurance companies licensed and authorized to provide health insurance services in Pakistan by the relevant regulatory authority. Bidders are required to submit bid security as specified in the bid data sheet and must demonstrate financial stability, claims settlement credentials, and compliance with all applicable laws and regulations. Joint ventures are permitted with proper documentation of all member information. Bidders must provide evidence of their operational capacity and experience in group health insurance administration.
Bidding documents are available for collection or download from PIEDMC offices in accordance with the schedule specified in the tender. Sealed bids must be submitted by the deadline of 20 October 2026 to the designated submission location. Bids will be opened publicly on the same date or shortly thereafter. Enquiries regarding bid documents should be directed to the procurement department. The contract will be awarded to the lowest evaluated compliant bid meeting all technical and financial specifications outlined in Section III and the bid data sheet.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender, written with AI from the official notice and checked by our quality rules — not part of the official notice. Always confirm details against the original tender document.
PIEDMC seeks an annual health insurance provider for its employee cohort covering FY 2026-27.
This is a recurring group health contract typical of state-owned enterprises, likely covering several hundred employees based on organizational scale. Insurance companies should note the competitive nature of such contracts and the standard requirement for swift claims settlement infrastructure. Bid security and financial capability verification will be scrutinized given fiduciary obligations to covered employees.
Who can bid: Only licensed health insurance companies authorized by Pakistan's insurance regulator are eligible. Bidders must typically hold current insurance licenses, maintain solvency ratios per regulatory standards, and provide evidence of group health insurance experience. Joint ventures require disclosure of all member details. Registration with the Securities and Exchange Commission of Pakistan (SECP) as an insurance company is mandatory.