Tenders Closed 29 Sep 2026
PASSCO Invitation for Commodity Operation Financing Offers for Wheat (Oct–Dec 2026)
PASSCO Invitation for Commodity Operation Financing Offers for Wheat (Oct–Dec 2026) · Lahore · Express,
Tender advertisement published in Express on Sunday, 13 September 2026, listed under Lahore, Pakistan. Issued by PASSCO Invitation for Commodity Operation Financing Offers 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 & Services Corporation Limited (PASSCO) — Finance Wing invites offers for commodity operation financing for wheat (outstanding and fresh) together with markup rates for the quarter October–December 2026.
| Issuer | Pakistan Agricultural Storage & Services Corporation Limited (PASSCO), Finance Wing |
|---|---|
| Purpose | Obtain commodity operation financing for wheat (outstanding and fresh) for PASSCO operations for Oct–Dec 2026 |
| Maximum Loan Amount | PKR 49.400 billion |
| Eligibility | All commercial banks and Islamic banks regulated by State Bank of Pakistan; banks eligible to hold financing facility on the bidding format provided by PASSCO. Financing to be arranged in line with PASSCO's specified terms. |
| Security / Collateral | PASSCO will hypothecate wheat stock & receivables as required; banks to provide confirmation on cash credit/financing facilities and accept additional conditions as per PASSCO requirements. |
| Key Bidding / Evaluation Criteria | Offers to quote markup (spread) on relevant benchmark (3-month KIBOR) or fixed spread; lowest evaluated cost basis; bank’s highest priced security/guarantee and compliance with PASSCO bidding format will be considered. PASSCO reserves the right to accept/reject offers under PPRA rules. |
| Disbursement / Drawdown | Drawdowns may be made in tranches; repayment and tenor as per PASSCO terms. PASSCO may withdraw/re-pay the loan early in one or more instalments. |
| Documents & Availability | Bidding documents and detailed terms available from PASSCO Head Office and on PASSCO website (www.passco.gov.pk) and PPRA website (www.ppra.org.pk). Submission in specified format required. |
| Bid Submission & Opening | Bids must be submitted to PASSCO Head Office, 11-Kashmir Road, Lahore. Bids received up to the deadline will be opened in the presence of bidders or their representatives. |
| Contact / Issuing Office | General Manager (F&A), PASSCO Head Office, 11-Kashmir Road, Lahore |
PASSCO reserves the right to accept or reject any or all offers in accordance with PPRA rules. Interested banks should obtain full bidding documents and comply with the specified submission and security requirements.
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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