Invitation of Bids — Investment of Endowment Funds (AA-rated Banks/Financial Institutions)

Issuer: Investment Committee, Finance Department, Government of Balochistan. Sealed bids are invited from banks/financial institutions holding a minimum credit rating of "AA" (as assigned by a credit rating agency and published by the State Bank of Pakistan) for investment of available funds of various Endowment Funds in banking products.

Eligible investment avenues: Market Treasury Bills, Pakistan Investment Bonds, Term Deposit Receipts, Fixed Deposits, and other conventional or Shariah-compliant schemes offered by the institution. Rates must be quoted on an annualised basis.

Bid format: Bids shall be submitted on the institution's official letterhead, signed and stamped by an authorised signatory. Rates shall be quoted (% p.a.) and indicate product name, product details, profit rate, tenure, profit payment basis and investment period.

Key terms and conditions: Bids received after the stipulated date/time or by telephone, fax or e-mail will not be entertained. Conditional, ambiguous or incomplete bids may be rejected. The Investment Committee may accept bids in whole or in part and may place funds with more than one institution. The Investment Committee reserves the right to reject any or all proposals and to postpone or delay the investment without assigning any reason.

Reference / Contact: DPRQ/PRQ No.918/19-08-2026. Chairman, Investment Committee, Finance Department, Government of Balochistan. Address: Block No. 05, Civil Secretariat, Quetta. Phone: 081-9201410. Website: www.dpr.gob.pk.