| FOR | ENGAGEMENT OF ACTUARY FOR VALUATION OF SUPERANNUATION BENEFIT LIABILITIES OF THE JAMMU & KASHMIR BANK LTD
Link : https://jkbank.abcprocure.com/EPROC |
| e-RFP REFERENCE NUMBER | JKB/CHQ/HRD/TBD/Engagement-Actuary/2026-1751 Dated: 02-06-2026 |
| DEPARTMENT NAME | Terminal Benefit Department, Human Resources Corporate Headquarters, M.A. Road, Srinagar, Jammu & Kashmir - 190001 |
| SCOPE OF WORK | For undertaking valuation assessment of pension, commutation of pension, gratuity and superannuation leave encashment liability of its employees for a period of three Years extendible at Bank’s discretion subject to yearly reviews.
Reports required : i. Projected valuation report at the beginning of FY as per AS-15 and IndAS-19 ii. Actual valuation report at the end of FY on actual employee data as per AS-15 and IndAS-19 iii. Quarterly RBI Tranche reports (on quarterly based employee report) iv. Quarterly RBI Stress testing reports with various scenarios v. Any other report as and when required by the Bank in accordance with statutory requirements. |
| CONTACT DETAILS OF ISSUING DEPARTMENT | Mr. Fayaz Ahmad Shah M.No.: 7006985302 e-mail: shahfayaz@jkbmail.com
J&K Bank Terminal Benefit Department, HR Corporate Headquarters, M.A. Road, Srinagar – 190001 e-mail: tbdchq@jkbmail.com |
| TENDER TYPE | Open |
| BID DOCUMENT AVAILABILITY INCLUDING CHANGES / AMENDMENTS | NIT can be downloaded from and submitted on Bank’s e-Tendering Services Provider’s Portal https://jkbank.abcprocure.com
From June 04, 2026 – 16.00 Hrs. To June 17, 2026 – 17.00 Hrs. |
| LAST DATE FOR PRE-BID QUERIES & SUBMISSION MODE | All Clarifications / Queries shall be raised online only through e-Tendering Portal https://jkbank.abcprocure.com by or before
June 08, 2026 – 17.00 Hrs. |
| PRE-BID QUERIES RESPONSE DATE | All communications regarding points / queries requiring clarifications shall be given online through prescribed e-Tendering Portal on
June 10, 2026 |
| LAST DATE OF SUBMISSION OF RFP BID | June 17, 2026 – 17.00 Hrs. |
| SUBMISSION OF ONLINE TECHNICAL BID & COMMERCIAL BID | As prescribed in Bank’s online tender portal https://jkbank.abcprocure.com |
| TENDER PROCESSING FEE (NON- REFUNDABLE) | Rs.500/- (Rupees Five Hundred only) to be deposited through Transfer / NEFT only to below a/c :
Account Name: Tender Fee/ Cost Account 16-digit Account No: 9931530300000001 IFSC Code: JAKA0HRDCHQ (0 denotes zero) Bank: The J&K Bank Ltd Branch: Corporate Headquarters MA Road Srinagar J&K – 190001
UTR Number / Tran No. & Date may be uploaded as proof on e-Tendering Portal |
| EARNEST MONEY DEPOSIT (EMD) (REFUNDABLE) | Nil /= |
| ELIGIBILITY & TECHNICAL CRITERIA | As per Tender Document |
| VALUATION REPORT SUBMISSION | Expected to be completed and report submission within 7 days from the date of allotment of assignment. |
| BID QUOTE | The bid quote should be inclusive of all travel/out of pocket and other expenses, if any and selection/shortlisting of the successful bidder should be through reverse auction. |
| CORRIGENDUM | All the Corrigendum will be uploaded on online tender portal https://jkbank.abcprocure.com |
| FOR e-TENDER RELATED QUERIES | Service Provider: M/s. E-procurement Technologies Limited (Auction Tiger), B-705, Wall Street-II, Opp. Orient Club, Ellis Bridge, Near Gujarat College, Ahmedabad – 380006, Gujarat |
| HELP DESK | Sr. No. 1 Sandhya Vekariya – 6352631968
Sr. No. 2 Suraj Gupta – 6352632310
Sr. No. 3 Ijlalaehmad Pathan – 6352631902
Sr. No. 4 Imran Sodagar - 9328931942 |