About Us
PLIC provides individual, group life and savings solutions through a vast network of over 10,000 Post Offices and 47 field offices spanning all over Pakistan
HIRING OF CONSULTANT FOR OPERATIONALIZATION OF THE POSTAL LIFE INSURANCE COMPANY LIMITED
HIRING OF CONSULTANT FOR OPERATIONALIZATION OF THE POSTAL LIFE INSURANCE COMPANY LIMITED
Open Date: 10 Oct 2024 Last Date: 25 Oct 2024
IFRS 17 (INSUARANCE CONTRACTS) PHASE 3: CONTENTS OF SYSTEM DESIGN & METHODOLOGY
Postal Life Insurance Company Limited (PLICL) is an unlisted public limited company registered under Insurance Ordinance, 2000 & Companies Act 2017 as a life insurance company. The Company is 100% owned by Government of Pakistan under the administrative control of Ministry of Communications, Government of Pakistan, having its registered office in Islamabad and presence across Pakistan. Postal Life Insurance Company Limited (PLICL) intends to hire services of a firm or consultant to carry out the IFRS -17 phase 3 “Contents of System Design & Methodology”. The appointed firm shall perform detailed system designing and methodology for company-wide implementation of IFRS –17 in compliance with the regulatory requirements. Detailed tender notice along with scope of work and selection criteria is placed on (www.plic.com.pk) & (www.ppra.org.gov) websites. Sealed tender clearly marked as “IFRS Phase 3 - System Design & Methodologies” must contain complete information, firm profile & documents required under tender notice must be delivered on or before 24th October 2024 by 11:00 am at the Company Head Office. Bids will be opened in the presence of bidder / their representative on the same day at 11:30 am. The Company reserves the right to call off the bidding process and reject all the bids at any time prior to award of contract as per PPRA rules. Further details and information regarding PLICL operations can be obtained from the Company website.