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RFP — Individual Transaction Advisor for Establishment of Bolan Insurance Company Limited (BICL)

RFP · Karachi · Jang,

Tender advertisement published in Jang on Friday, 3 July 2026, listed under Karachi.

Newspaper clipping: RFP — Individual Transaction Advisor for Establishment of Bolan Insurance Company Limited (BICL), Jang, 03 Jul 2026 Open the full-size clipping
Original clipping · Jang · 03 Jul 2026 · tap to zoom

Advertisement details

Issuer: Finance Department, Government of Balochistan. The Finance Department invites proposals for hiring an Individual Transaction Advisor to provide negotiation support and finalize transaction documents for a PPP/concession transaction to establish Bolan Insurance Company Limited (BICL) as a joint-venture insurance entity in which the Government of Balochistan will hold a defined equity stake alongside a private sector partner.

Item Details
Purpose Provide independent, expert transaction advisory support to finalize legally sound, commercially balanced and regulatory-compliant transaction documents for the proposed PPP/concession insurance transaction (BICL).
Minimum Qualifications / Experience Individual consultants with at least fifteen (15) years of relevant experience in regulatory advisory, PPP/concession transactions, insurance or financial sector regulation, competition and trade policy, and related disciplines.
Key Scope of Services
  • Negotiation support and transaction management: prepare negotiation briefs, position papers, attend Negotiation Committee meetings, advise on commercial, legal, regulatory, pricing and structural aspects.
  • Transaction document drafting and finalization: prepare/conclude PPP/Concession Agreement, Shareholders' Agreement, Service Level Agreement, Government Support/comfort instruments (if required), Premium Pricing & Benchmarking Framework, Performance Standards, KPIs and ancillary schedules.
  • Ensure documents are consistent with applicable laws and provide legal drafting, financial modelling, commercial inputs and implementation support; advise on government approvals and regulatory compliance.
Transaction Model PPP / concession-style joint venture: private partner accorded preferential market position to provide insurance services for Government of Balochistan’s insurance business; Government retains a defined equity stake.
Notes Procurement process has been completed and a successful bidder has been selected; engagement is for the negotiation and transaction finalization stage. Proposals are invited from qualified individual consultants.

Interested and qualified individual consultants should refer to the Finance Department, Government of Balochistan, for full RFP details, submission requirements and contact information.

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.

Jang · 03 Jul 2026
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