Tenders Closed 29 Jun 2026
PASSCO Invitation for Offers — Commodity Financing for Wheat & Markup Rates (Jul–Sep 2026)
PASSCO Invitation for Offers · Lahore · Express,
Tender advertisement published in Express on Wednesday, 17 June 2026, listed under Lahore. Issued by PASSCO Invitation for Offers. The last date printed on the advertisement was Monday, 29 June 2026 and has passed.
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Issuer: Pakistan Agricultural Storage and Services Corporation Limited (PASSCO) — Finance Wing.
| Purpose | Obtain commodity operation financing for wheat (outstanding / fresh) and determination of markup rates for the quarter July–September 2026. |
|---|---|
| Maximum Loan Amount | PKR 533.00 billion. |
| Financing Nature & Period | Commodity financing for wheat. The borrowing spread for this facility shall be fixed for a three-month period corresponding to the July–September 2026 quarter (three-month tenor). |
| Eligible Bidders | All commercial banks, including conventional and Islamic banks regulated by the State Bank of Pakistan, complying with PASSCO bidding format and requirements. |
| Bidding Criteria | Banks shall quote Three (03) Month KIBOR + fixed spread (p.a.). PASSCO will rank offers from lowest to highest spread and accept the lowest responsive offers subject to terms and availability. Other specific bidding conditions (bid security, required documentation, etc.) apply as per PASSCO bidding documents. |
| Collateral / Security | Hypothecation of wheat stock and receivables and other related securities as specified by PASSCO; no other collateral shall be required beyond those specified. |
| Drawdown / Repayment | PASSCO may withdraw or repay the loan to any bank in one or more installments during the financing period as per PASSCO terms. |
| Procurement Rules | Procurement conducted under PASSCO / E-PPRA procurement regulations and PASSCO bidding procedures; PASSCO reserves the right to accept or reject any or all bids as per regulations. |
| Submission Deadline | 2026-06-29 — bids to be received by the stated time and will be opened the same day (see venue/time in bidding documents). |
| Submission & Opening Venue | PASSCO Head Office, 11-Kashmir Road, Lahore (submission and public opening in presence of bidders or authorized representatives). |
| Contact / Authority | General Manager (F&A), PASSCO Head Office, Lahore — refer to PASSCO finance wing for full bidding documents and submission instructions. |
Interested banks must obtain and submit the prescribed bidding forms and comply with all terms, bid security and documentation requirements available from PASSCO’s e-procurement system or PASSCO Head Office. Only information explicitly set out in the official PASSCO bidding documents governs the process.
Published in Express on Wednesday, 17 June 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?
- The advertisement prints Monday, 29 June 2026. That date has passed.
- Which newspaper published this tender?
- Express, in the edition of Wednesday, 17 June 2026.
- Which city is this tender for?
- Lahore — 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.
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