Commodity Operation Financing for Wheat Quarter April to June 2026

This tender invites bids for commodity operation financing of wheat for the quarter April to June 2026 in Lahore under the Pakistan Agricultural Storage and Services Corporation (PASSCO). The financing is aimed at supporting wheat commodity operations with a maximum loan amount of PKR 540 billion. The department requires banks or consortiums to offer cash credit loans secured by hypothecation of wheat stocks and receivables, backed by a Government of Pakistan guarantee. The financing period covers three months, with interest calculated on the daily closing outstanding balance using the three-month KIBOR rate as of 31 March 2026 plus or minus a fixed spread. The loan repayment is due at the end of the quarter. This operation is critical for ensuring smooth commodity flow and storage management in Lahore, a key agricultural hub, and involves careful financial structuring and risk management. Bidders should ensure compliance with relevant PEC categories and maintain an active FBR ATL status for the fiscal year 2025-26. It is advisable to prepare a valid Call Deposit Receipt (CDR) as Earnest Money and submit a complete technical bid through the PPRA's EPAD System. Familiarity with PPRA rules and bid security declarations is essential to avoid disqualification. The submission deadline is set for 31 March 2026 at 3:00 PM, with bid opening scheduled for 3:30 PM the same day. Bids must be submitted electronically via the PPRA EPAD portal. The physical address for correspondence is GM F&A PASSCO, Head Office, 11-Kashmir Road, Lahore. Pro-Tip: Make sure to verify the exact interest spread and loan tenure details in the official advertisement and prepare your bid accordingly. Also, double-check the consortium lead bank details and ensure all required signatures and stamps are in place to avoid technical rejection.