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Description / Scope of Work
The Federal Employees Benevolent Fund and Group Insurance, under the Employment Division of the Government of Pakistan, invites expressions of interest from professional consultancy firms and individual consultants to conduct a comprehensive Third Party Evaluation of the Fund's performance and operations. This procurement aims to assess and provide recommendations on seven key performance areas: Financial Performance and Investment Management, Resource Utilization and Efficiency, Human Resource and Institutional Capacity, Operational Performance, Policy Relevance and Sustainability, Governance Compliance and Risk Management, and Impact Assessment. The consultancy services are being sought on a professional basis to deliver a detailed evaluation report that will inform strategic decision-making for the Fund's future operations and policy direction.
Interested bidders must meet stringent eligibility criteria to qualify for this assignment. Firms or consultants must have a minimum of fifteen years of relevant experience and hold valid SECP registration with at least fifteen years of track record. Bidders are required to demonstrate extensive experience in third-party evaluations, financial audits, and performance reviews for public and private sector organizations including insurance, pension, and welfare entities. Additionally, they must have qualified professionals with expertise in Human Resources, Finance, Governance, Audit, IT Actuarial Studies, and Public Administration on staff. Valid NTN with active taxpayer status and GST registration compliance are mandatory requirements, along with proven competence in executing similar assignments for government or autonomous bodies.
The detailed tender documents and Expression of Interest format are available for download from the EPACS/PPRA website at www.epsure.gov.pk. Interested firms must submit their proposals in accordance with mandatory instructions on the EPACS/PPRA portal by forwarding a sealed letter to the designated office. The submission deadline is June 4, 2026, with proposals to be opened at 12:00 noon on the same date at the Fund's office in the presence of authorized representatives. Quality and Cost Based Selection methodology will be applied for procurement as per PPRA Rules 2004. For further information, contact Muhammad Saleem, Deputy Director (Investment), at Block A-1, Benevolent Fund Building, Shahrah-e-Suhrawardy, Zero Point, Islamabad, or via email at ledge2035@gmail.com.