Tenders Closed 13 Jul 2026
Gilgit-Baltistan BF&GI Department: Invitation to Bid for Investment Advisor (Closing 2026-07-13)
Gilgit-Baltistan BF&GI Department · Gilgit · The Nation,
Tender advertisement published in The Nation on Thursday, 25 June 2026, listed under Gilgit, Pakistan. Issued by Gilgit-Baltistan BF&GI Department. The last date printed on the advertisement was Monday, 13 July 2026 and has passed.
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Government of Gilgit-Baltistan, Gilgit-Baltistan Government Servants Benevolent Fund & Group Insurance Department (GB BF&GI) invites sealed bids from qualified firms, companies or individual investment advisors for provision of investment consultancy services to support effective fund management and investment of the Fund's financial resources.
| Issuer | Gilgit-Baltistan Government Servants Benevolent Fund & Group Insurance Department (GB BF&GI) |
|---|---|
| Purpose | Hiring of qualified and experienced Investment Advisor / Investment Consultancy Services |
| Tender No. / Date | No. AD (Adm)-1(11)/2025 — Issued 24 June, 2026 |
| Bid Submission Deadline | 2026-07-13 at 12:00 PM |
| Bid Opening | 2026-07-13 at 12:30 PM (office of Managing Director, GB BF&GI, Jutial, Gilgit) |
| Bid Security | Earnest money @ 2% of bid value as draft/pay order/CDR in the name of Managing Director (GB BF&GI) |
| Document Availability | Tender documents available from the office of the undersigned during office hours before closing date and time |
| Submission / Opening Location | Office of the Managing Director (GB BF&GI), Jutial, Gilgit |
| Contact | Managing Director (Ikram Mohammad), Telephone: 05811-930254 |
Mandatory eligibility and experience:
| Licensing | SECP-licensed / registered investment advisory firm/company/individual. No joint venture allowed. |
|---|---|
| Experience | Minimum 10 years of relevant institutional advisory experience and at least 3 years’ experience with public-sector, pension, provident, benevolent, insurance, or trust funds; proven expertise in financial and investment management. |
| Team Qualifications | Qualified professional team with CFA / CA / ICMA / ACCA / M.Com / MBA-Finance or equivalent. Team leader must hold CFA / CA / ICMA / ACCA / M.Com / MBA-Finance or equivalent qualification. |
| Affidavits | Three separate affidavits on stamp paper (Rs.50) verified by Oath Commissioner confirming: (a) clean regulatory record and no litigation with Government/Semi-Government/organization; (b) not blacklisted by any Government/Semi-Government or other organization; (c) no penalty/fine imposed by regulators on the firm/company/individual or their relevant officer. |
Submission instructions & procedure:
Follow PPRA Rules 39(b) — Single Stage Two Envelope procedure. Interested parties must submit separate envelopes for Technical and Financial proposals clearly indicating the name of firm/company/consultant/advisor. Documents provided in a single envelope will be rejected. Incomplete bids or bids without required supporting documents shall not be entertained. The Managing Director, GB BF&GI reserves the right to accept or reject any or all bids.
Published in The Nation on Thursday, 25 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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