Tenders Closed 29 Sep 2026
PASSCO Invitation for Commodity Operation Financing for Wheat (Oct–Dec 2026) — PKR 494.00 billion
PASSCO Invitation for Commodity Operation Financing for Wheat (Oct–Dec 2026) · Lahore · Express,
Tender advertisement published in Express on Sunday, 13 September 2026, listed under Lahore. Issued by PASSCO Invitation for Commodity Operation Financing for Wheat (Oct–Dec 2026). The last date printed on the advertisement was Tuesday, 29 September 2026 and has passed.
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Pakistan Agricultural Storage and Services Corporation Limited (PASSCO) Finance Wing invites competitive offers from eligible banks for Commodity Operation Financing for wheat (outstanding and fresh) for the quarter October–December 2026. Total loan/finance requirement is PKR 494.00 billion.
| Issuer | Pakistan Agricultural Storage and Services Corporation Limited (PASSCO), Finance Wing |
|---|---|
| Purpose | Operation financing of wheat (outstanding and fresh) for quarter Oct–Dec 2026 |
| Total Finance Amount | PKR 494.00 billion |
| Eligible Bidders | All commercial banks (conventional and Islamic banks) regulated by State Bank of Pakistan eligible to provide financing; bids to follow PASSCO bidding format |
| Pricing / Bid Basis | Banks to quote markup as Three (03) Month KIBOR + fixed spread (p.a.). Bids evaluated on lowest applied rate and other prescribed criteria |
| Security / Collateral | Hypothecation/pledge of wheat stock & receivables; additional security/guarantee as required (including Federal Government guarantee where applicable) |
| Drawdown & Repayment | Facility may be drawn in one or more installments; details governed by PASSCO terms and commodity operations schedule |
| Submission / Bid Opening | Bids must be submitted to PASSCO Head Office. Receipt deadline 11:00 AM; bids will be opened same day at 11:30 AM (in presence of bidders or their representatives) as per PASSCO/PPRA e-procurement procedures |
| Submission Location | PASSCO, Head Office, 11 - Kashmir Road, Lahore |
| Authority | General Manager (F&A), PASSCO |
Interested banks should follow the PASSCO bidding documents and PPRA e-procurement instructions, ensure required collateral and documentation, and submit bids before the stated closing time. PASSCO reserves the right to accept or reject any or all bids in accordance with its procurement policy.
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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