PROCUREMENT NOTICE

PROCUREMENT OF CONSULTANCY SERVICES

1. The National Insurance Company Limited (National Insurance Company Limited) has reserved Funds for the procurement planned for FY 2026-27. The National Insurance Company Limited (National Insurance Company Limited) intends to apply part of the proceeds of this Fund to cover eligible payments under the contract for the consultancy services of “Consultancy Services for Preparing Strategic Transition and Business Transformation Plan” with the reference of "P65540"
2. The National Insurance Company Limited (National Insurance Company Limited) invites RFP through EPADS v2.0 from eligible Bidders registered on EPADS v2.0 for provision of Consultancy Services.
3. Single Stage-Two Envelope Procedure of Principal Method of Procurement (i.e. Open Competitive Bidding) will be used by adopting Quality and Cost Based Selection (QCBS)Technique for the subject procurement, in line with the Public Procurement Rules, 2004  and any Regulations, and Instructions issued by the Authority (from time to time).
4. All proposals must be accompanied by a Bid Security described in Bid Security Section in Bidding Document in the form of  Pay Order or Bid Securing Declaration on the prescribed format described.
5. E-Bidding documents, containing detailed terms & conditions, specifications and requirements etc. are available on e-Pak Acquisition and Disposal System (EPADS) at https://epads.gov.pk/opportunities/federal/procurements/65540.
6. The RFP, prepared in accordance with the instructions in the e-Bidding documents, must be submitted through EPADS v2.0 on or before Friday, September 18, 2026 11:30 AM. Proposals will be opened on the same day at Friday, September 18, 2026 12:00 PM. Manual submission of RFPs shall not be entertained.  Those consultants/Firm who have not yet registered on the new version of EPADS v2.0, may register themselves on https://vendors.epads.gov.pk/. A tutorial to explain the registration process is available at https://www.youtube.com/watch?v=MNW6T38v7tc

In terms of Rules  48 of Public Procurement Rules, 2004  Grievance Redressal Committee (GRC) is notified for the subject procurement and notification copy is available on the procuring agency’s website and also available on EPADS v2.0 as well as Authority’s website at (www.ppra.org.pk).

National Insurance Company Limited (National Insurance Company Limited), Manager Procurement
Procurement Department, 5th Floor, Left Wing, NICL Building, Abassi Shaheed Road, Karachi, Pakistan
+92-219-922-5906
procurement@nicl.com.pk