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Description / Scope of Work
Bank Makramah Limited invites sealed bids from well-qualified insurance companies with a rating of AA+ and above for the procurement of insurance coverage of bank cash and assets. The tender is for a renewal term of one year, from 01 July 2026 to 30 June 2027, with a last date of submission of 15 June 2026 at 11:00 AM. The sealed bids must be addressed to the Manager Procurement and Administration at the Head Office, Plot G-2, Block 2, Scheme 5, 11th Floor Clifton, Karachi, Sindh, and will be opened at the full quorum of the Quotation Committee on the same date at 2:00 PM. The quotation validity period should be at least ninety (90) days, and Bank Makramah Limited reserves the right to cancel the bid for any reason without notice to participants.