Cancellation of Financial Advisory Services for Establishment of Bank of Balochistan

This notice from the Finance Department, Government of Balochistan, informs stakeholders in Balochistan about the cancellation of the financial advisory services tender related to the establishment of the Bank of Balochistan. The advisory services were intended to cover establishment, structuring, and operationalization aspects of the bank. The original tender aimed to engage expert financial consultants to guide the government through the complex process of setting up a new banking institution. This would have involved detailed financial structuring, regulatory compliance, and operational planning to ensure the bank's successful launch and sustainability. The cancellation means that no further action will be taken on the previously published pre-qualification notice. For firms interested in such consultancy work, it is important to note that the cancellation is due to administrative reasons, and any applications submitted against the original notice are now null and void. The department will issue a revised pre-qualification or request for proposal separately through the Balochistan Public Procurement Regulatory Authority (BPPRA) e-procurement system and official channels. Firms should ensure they meet all FBR and ATL requirements and keep their PEC registration updated for the 2025-26 financial year to remain eligible for future tenders. The department reserves the right to cancel, withdraw, or re-issue the procurement process at any stage without assigning any reason. Interested parties should monitor the BPPRA portal regularly for updates and new tender announcements. Pro-Tip: Keep a close watch on the BPPRA e-procurement system for the revised notice and ensure your firm’s documentation, including Earnest Money and Call Deposit Receipt (CDR), is ready to avoid missing critical submission deadlines.