Tender Details
Description / Scope of Work
Pakistan Reinsurance Company Limited (PRCL), operating under the Ministry of Commerce, Government of Pakistan, invites sealed e-bids from eligible insurers for the provision of comprehensive reinsurance cover on a Learjet-45XR (BKP) aircraft operated by the Government of Balochistan. The tender covers hull, hull war, third-party liability, passenger liability, and crew and passenger personal accident insurance with a cover period running from 1 January 2027 through 31 December 2027. This is a government aviation insurance requirement for official VIP flight operations. The bidding process follows the two-envelope single-stage procedure established under the Public Procurement Rules 2004 and is open to all qualified potential bidders.
Eligible bidders must be registered insurance and reinsurance providers authorized to operate in Pakistan. Bidders are required to comply with all regulatory guidelines and procurement instructions issued by the Authority. The submission of bids shall be conducted electronically via the EPADS version 2.0 portal, and bidders must possess the technical capability to upload documentation through this system. Bid security and technical qualification requirements are specified in the detailed e-bidding documents available on the EPADS portal.
E-bidding documents containing full terms, conditions, specifications and requirements are accessible through EPADS version 2.0 at https://vendors.epads.gov.pk/. All bids must be submitted electronically through EPADS no later than 2 November 2026 at 11:00 AM Pakistan Standard Time. Technical bids will be opened on the same day at 11:00 AM. Manual submissions will not be entertained. PRCL reserves the right to accept or reject any or all bids in accordance with Public Procurement Rules 2004. Queries and technical support regarding the EPADS registration process may be directed to the contact details provided by PRCL.
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.
PRCL seeks reinsurance underwriters for a single Learjet-45XR aircraft operated by Balochistan government throughout 2027.
Coverage encompasses hull, war risk, third-party and passenger liability, plus crew/passenger accident insurance—a high-value, low-volume government aviation requirement. This is a one-off annual placement for a specific aircraft, not recurring procurement. Bidders should note the tight November 2026 deadline and mandatory EPADS electronic submission; manual bids are rejected outright. The VIP flight operations context suggests emphasis on premium stability and claims-handling reputation rather than price competition alone.
Who can bid: Eligible bidders must be insurance/reinsurance providers registered and authorized to operate in Pakistan, typically holding SECP licensing and valid NTN registration. Bidders require technical capability to upload documents via EPADS version 2.0. No specific PEC category applies (non-construction procurement). Compliance with Public Procurement Rules 2004 and all regulatory guidelines is mandatory.