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Description / Scope of Work
The Cooperative Model Town Society (1962) Limited in Lahore, Punjab, invites sealed bids from AA+ rated Pakistani insurance companies for the provision of Group Life Insurance services. This tender, identified by reference number MTS/001-2026, seeks comprehensive coverage including additional benefits such as Accidental Death Insurance, Permanent Total or Partial Disability, Terminal Illness Benefits, and Accidental Hospitalization. The procurement follows a Single Stage Two Envelope bidding procedure, requiring both technical and financial proposals. Interested eligible candidates can collect the tender documents by hand from the Society's Head Office in Model Town. All quoted prices must be inclusive of government taxes and remain valid for 120 days. Completed bidding documents must be submitted in sealed envelopes marked 'Confidential' to the Secretary of the Society by 03:00 PM on 01 June 2026. This initiative aims to secure robust life insurance and post-retirement benefits for the personnel of the Model Town Society