PASSCO Invitation for Offers: Commodity Operation Financing (Wheat) – Quarter Jul–Sep 2026
PASSCO Invitation for Offers · Lahore · The News International,
Tender advertisement published in The News International on Wednesday, 17 June 2026, listed under Lahore. Issued by PASSCO Invitation for Offers. The last date printed on the advertisement was Thursday, 2 July 2026 and has passed.
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Pakistan Agricultural Storage & Services Corporation Limited (PASSCO) invites offers from eligible commercial and Islamic banks regulated by the State Bank of Pakistan for Commodity Operation Financing (wheat) for the quarter July–September 2026. PASSCO intends to obtain financing for up to PKR 533.00 billion. Bids are invited through the PPRA e-Procurement System (PASSCO bidding format) and will be evaluated on lowest markup rates.
| Issuer | Pakistan Agricultural Storage & Services Corporation Limited (PASSCO) – Finance Wing |
|---|---|
| Purpose | Commodity Operation Financing for wheat (outstanding / fresh) for quarter July–September 2026 |
| Maximum Loan Amount | PKR 533.00 billion |
| Eligible Bidders | All commercial banks, including conventional and Islamic banks, regulated by the State Bank of Pakistan (must comply with PASSCO bidding format) |
| Tenor / Pricing | Loan in the nature of commodity financing; borrowing spread locked for the 3-month period (Jul–Sep 2026). Bidders to quote 3-month KIBOR + fixed spread (p.a.). |
| Submission Method | Submit offers through the PPRA e-Procurement System (PASSCO prescribed bidding format) |
| Pre-bid Meeting | 29 June 2026 at 11:00 AM at PASSCO Head Office, 11 Kashmir Road, Lahore |
| Bid Submission Deadline | 2026-07-02, by 11:00 AM (submit via PPRA e-Procurement System) |
| Bid Opening | 2026-07-02 at 11:30 AM at PASSCO Head Office (in presence of bidders' representatives) |
| Contact | General Manager (F&A), PASSCO Head Office, 11 Kashmir Road, Lahore |
| Important Notes | PASSCO reserves the right to accept/reject any or all offers. Compliance with the prescribed bidding format is mandatory. Further bidding terms, security/collateral, and other conditions are available in the prescribed bidding documents on the PPRA e-Procurement portal. |
Prospective bidders should download the detailed bidding documents from the PPRA e-Procurement system, follow the PASSCO bidding format, and ensure timely electronic submission by the stated deadline.
Published in The News International 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 Thursday, 2 July 2026. That date has passed.
- Which newspaper published this tender?
- The News International, 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.