Tenders Closed 29 Sep 2026
PASSCO Invitation for Commodity Operation Financing (Wheat) — Bids due 2026-09-29
PASSCO Invitation for Commodity Operation Financing (Wheat) · Lahore · Express,
Tender advertisement published in Express on Sunday, 13 September 2026, listed under Lahore, Pakistan. Issued by PASSCO Invitation for Commodity Operation Financing (Wheat). The last date printed on the advertisement was Tuesday, 29 September 2026 and has passed.
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Pakistan Agricultural Storage & Services Corporation Limited (PASSCO), Finance Wing, invites offers from eligible commercial and Islamic banks for Commodity Operation Financing for wheat for the quarter October–December 2026, along with markup (spread) proposals.
| Issuer | Pakistan Agricultural Storage & Services Corporation Limited (PASSCO), Finance Wing |
|---|---|
| Purpose | Commodity Operation Financing for Wheat (Domestic / Fresh) for the quarter Oct–Dec 2026 |
| Maximum Loan Amount | PKR 49,400.00 (as advertised) |
| Eligible Bidders | All commercial banks, including conventional and Islamic banks regulated by the State Bank of Pakistan |
| Bid Pricing Format | Banks shall quote Three (03) Month KIBOR + fixed spread (percent per annum) as the markup |
| Collateral / Security | Hypothecation of wheat stock & receivables; other security and guarantees as per PASSCO requirements. Acceptance subject to PASSCO approval. |
| Drawdown / Repayment | PASSCO may withdraw or prepay the loan to any bank in one or more instalments at any time during the borrowing period (subject to terms). |
| Pre-bid Meeting | 1100 hours on 2026-09-24 at PASSCO Head Office, Lahore |
| Bid Submission & Opening | Submission deadline and public opening: 11:00 AM on 2026-09-29 (bids to be submitted through PASSCO e-Procurement system/office as specified) |
| Submission Address | PASSCO, Head Office, 11 Kashmir Road, Lahore |
| Issuing Authority | General Manager (F&A), PASSCO |
Important notes: Follow PASSCO bidding format and e-Procurement instructions. Banks must quote the spread clearly; PASSCO reserves the right to accept/reject offers in accordance with PPRA rules. For detailed bidding terms, collaterals, bidding criteria and submission procedure consult PASSCO Head Office or the PASSCO e-Procurement portal.
Published in Express on Sunday, 13 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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