Invitation for Technical & Financial Proposals: Hiring Financial Advisor for Privatization of Pakistan Reinsurance Company (PRCL)
Invitation for Technical & Financial Proposals · Karachi · The Express Tribune,
Tender advertisement published in The Express Tribune on Thursday, 17 September 2026, listed under Karachi. Issued by Invitation for Technical & Financial Proposals.
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Issuer: Privatisation Commission. Purpose: hiring of a financial advisor for the privatisation of Pakistan Reinsurance Company Limited (PRCL). The Request for Proposal (RFP) is available at the Privatisation Commission website: https://privatisation.gov.pt/PRCL. Reference is made to advertisements published in national and international newspapers dated 20, 29 and 31 August, 2028.
The Privatisation Commission issues the following clarification to the RFP (Appendix &):
| RFP location | Clarification / Replacement text |
|---|---|
| Appendix & to the RFP — Section 1, Terms of Reference (page 38) | Replace the words referring to "up to Seventy-five percent (75%) of its entire shareholding in PRCL" with: "up to 57% of GoP's direct shareholding and GoP's 24.41% indirect shareholding in PRCL" |
| Appendix & to the RFP — Section 3, Terms of Reference (page 40) | Replace the words referring to "up to Seventy five percent (75%) of GoP's shareholding in PRCL" with: "up to 57% of GoP's direct shareholding and GoP's 24.41% indirect shareholding in PRCL" |
Contact / Queries: Asif Jalal Bhatti. Provided contact detail: trxersthakog:pk: +90-51-9217972.
Published in The Express Tribune on Thursday, 17 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this tender
- What is the last date for this tender?
- This advertisement prints no last date. Read the clipping and confirm with Invitation for Technical & Financial Proposals.
- Which newspaper published this tender?
- The Express Tribune, in the edition of Thursday, 17 September 2026.
- Which city is this tender for?
- Karachi — the location listed for this advertisement.
- How do I respond to this tender?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.