RFP: Individual Transaction Advisor for Establishment of Bolan Insurance Company (BICL) — Finance Department, Government of Balochistan
Tender advertisement published in Jang on Friday, 3 July 2026, listed under Lahore.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
Issuer: Finance Department, Government of Balochistan. Purpose: Request for Proposal to hire an Individual Transaction Advisor to provide negotiation support and finalize transaction documents for a PPP/concession transaction to establish Bolan Insurance Company Limited (BICL) under the applicable PPP framework.
Scope: Provide transaction advisory and transaction management services including negotiation support with the preferred private sector partner, drafting and finalization of transaction documents (PPP/Concession Agreement, shareholders/management agreements, corporate governance arrangements, change-in-control restrictions, regulatory compliance provisions, commercial and financial model review, risk allocation and mitigation measures), institutional and regulatory advisory, pricing and benchmarking, and support for regulatory approvals and hand-over to Government/Shareholders.
Key deliverables include (summary):
| Deliverable | Summary |
|---|---|
| Deliverable 1 | Inception note, regulatory mapping, and negotiation work plan. |
| Deliverable 2 | Negotiation issues paper covering legal, regulatory, financial and pricing matters; draft heads of terms. |
| Deliverable 3 | Draft transaction documents (PPP/Concession Agreement, shareholders' agreement, corporate governance framework, ancillary agreements). |
| Deliverable 4 | Final transaction documents and advisory note summarizing negotiated terms, risk allocation and recommended mitigation. |
| Additional | Pricing benchmark/valuation inputs, institutional/regulatory advice, transaction management and support to Finance Department/Negotiation Committee. |
Minimum qualifications and experience (summary): advanced degree in law, finance, business administration or related discipline; strong experience in PPP/concession transactions, insurance/financial sector transactions, transaction structuring and negotiation; demonstrated ability to advise governments and to prepare transaction documents and obtain regulatory approvals. Relevant professional qualifications (e.g., ACCA, CA, CFA, LLB/LLM) and prior PPP/insurance transaction experience preferred.
Timeline: The assignment is expected to be completed preferably within four (4) to six (6) weeks from the date of contract signing (detailed schedule to be agreed in the contract).
Evaluation: Proposals will be evaluated on a Quality & Cost Based Selection (QCBS) basis. Published evaluation weights include: relevant regulatory/transaction experience 30%; experience in PPP/concession transactions 25%; understanding of assignment and methodology 20%; academic/professional qualifications 15%; financial proposal 10%.
Reference: PRQ No. 5687/29-6-2026. Interested applicants should refer to the full RFP issued by the Finance Department, Government of Balochistan for complete submission instructions, required documentation, and proposal submission location.
Published in Jang on Friday, 3 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.