Punjab Education Foundation Tender for Group Life Insurance Services FY 2026-27

Punjab Education Foundation (PEF) invites sealed bids on a contract basis for hiring group life insurance services for FY 2026-27 under Invitation to Bid No. PEF/PROC/HR/2026-27/14. PEF is an autonomous organization established under the Government of Punjab to promote quality education through public-private partnership.

Eligible bidders include firms, companies, sole proprietors and general order suppliers engaged in trading, registered with the relevant registration and tax authorities for Income Tax, Sales Tax and Punjab Sales Tax, and registered on the Punjab e-Procurement (eP) System. Procurement will follow the Single Stage–Two Envelope procedure under Rule 38(2)(a) of the Punjab Procurement Rules 2014.

The bidding document will be available immediately after publication of the notice through the Punjab e-Procurement System and the PPRA and PEF websites. It contains detailed service specifications, eligibility criteria, bid scope and terms and conditions, which will be binding on bidders. The document may be downloaded free of charge from https://ppra.punjab.gov.pk. The PPRA tender page is http://eproc.punjab.gov.pk/viewtender.aspx. The response period will be calculated exclusively from the date the advertisement is published on the PPRA website.

Bidders must submit online bids through the Punjab e-Procurement System by 11:00 a.m. on December 1, 2026. Bid security must be submitted at 2% of the estimated procurement value, and a scanned receipt of the bid security must be uploaded to the system. Late submissions will not be accepted.

Bids will be opened at 11:30 a.m. on December 1, 2026, in the presence of bidders' representatives who choose to attend, at the Punjab Education Foundation office, 302-H/3, Johar Town, Lahore. Bids must remain valid for 120 days from the last date for bid submission.

Taxes will be deducted under applicable government rules. Bidders must provide their NTN and Sales Tax Registration Certificate. Punjab Procurement Rules 2014 apply throughout the procurement process. PEF will not be responsible for any costs or expenses incurred in preparing or delivering bids and reserves the right to reject all proposals at any time before accepting a bid or proposal.

Issuing authority: Director (HR & Admin), Punjab Education Foundation, 302-H/3, Johar Town, Lahore. Telephone: 042-99070091. Publication reference: IPL-11970.