Tender Details
Description / Scope of Work
Pakistan Reinsurance Company Limited (PAKRE), operating under the Ministry of Commerce, invites international bids for reinsurance services covering the Government of Balochistan's Learjet-45XR aircraft (registration AP-BKP). The procurement encompasses Hull, Hull War, Third Party Liability (TPL), and Public Liability (PLL) insurance, along with Passenger Accident coverage for crew and passengers for the year 2027. This is a non-consultancy service tender issued on a single-stage, two-envelope basis, with the procuring office located in Karachi, Sindh province.
Eligible bidders must be internationally recognized reinsurance providers with demonstrated expertise in aviation insurance and reinsurance placement. Bidders are required to submit technical and financial proposals separately in sealed envelopes. The bid securing declaration and all supporting documentation must accompany the submission. Bidders should possess valid registration and credentials from relevant insurance regulatory authorities.
Bid documents may be obtained from the office of Pakistan Reinsurance Company Limited, PRC Tower, 32-A Lalazar Drive, M.T. Khan Road, Civil Line, Karachi. Sealed bids must be submitted to the same address by the stated deadline. The bid opening will proceed at the designated time at PAKRE's offices in Karachi. Interested parties are encouraged to contact the Procurement Specialist at +92-300-699-8576 or aghafoor@pakre.org.pk for clarifications and document procurement.
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.
Specialized reinsurance tender for aviation hull and liability coverage of a Learjet-45XR aircraft for 2027.
The scope encompasses comprehensive aviation insurance placement including hull war risk and passenger accident protection. This appears to be a recurring annual requirement for government aviation assets. The two-envelope format suggests technical qualification review before financial evaluation. International bidders with aviation insurance expertise are targeted.
Who can bid: Typically, bidders must be internationally licensed reinsurance providers registered with Pakistan's insurance regulator (SECP) or equivalent foreign authority. Valid reinsurance underwriting credentials and aviation insurance expertise are expected. The notice does not explicitly state minimum turnover or capacity requirements, but aviation reinsurance typically requires substantial capital backing and regulatory approval.