ICAP Invitation for Bids: Group Health & Group Life Takaful/Insurance (June 2026)
ICAP Invitation for Bids · Karachi · Dawn,
Tender advertisement published in Dawn on Tuesday, 2 June 2026, listed under Karachi. Issued by ICAP Invitation for Bids. The last date printed on the advertisement was Monday, 15 June 2026 and has passed.
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Issuer: The Institute of Chartered Accountants of Pakistan (ICAP) invites sealed bids from reputable Group Health Takaful/Insurance companies for comprehensive Group Health Takaful/Insurance (employees, spouses & children) and Group Life Takaful/Insurance (employees).
Key details:
| Item | Detail |
|---|---|
| Issuer | The Institute of Chartered Accountants of Pakistan (ICAP) |
| Scope | Comprehensive Group Health Takaful/Insurance for ICAP employees and their spouses & children; Group Life Takaful/Insurance for ICAP employees |
| Eligibility | Companies licensed by the Securities and Exchange Commission of Pakistan (SECP) with a minimum Insurer Financial Strength (IFS) Rating of 'A++' or above from PACRA or VIS Credit Rating Company Limited |
| Bidding documents | Available on request via official letterhead to [email protected] or from ICAP address below. Pay Order Rs. 3,000/- (non-refundable) in favor of The Institute of Chartered Accountants of Pakistan may be submitted with the technical proposal or at collection time. |
| Submission address | Manager Procurement, The Institute of Chartered Accountants of Pakistan, Chartered Accountants Avenue, Block-8, Clifton, Karachi-75600 |
| Contact | UAN: 021-111 000 422 (Ext: 302); E-mail: [email protected] |
| Technical bid deadline | 2026-06-15, must reach by 11:00 hours |
| Technical bid opening | 2026-06-15 at 11:30 hours |
| Financial bid opening | Only shortlisted firms; 2026-06-18 at 12:00 hours |
ICAP reserves the right to accept or reject any or all bids at any stage without incurring liability. Prepare bids following instructions in the bidding documents.
Contact person: Shumalla Maqbool, Manager Procurement.
Published in Dawn on Tuesday, 2 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.