Commodity Operations Financing for Sugar, Wheat, Urea, Cotton and Rice April-June 2026

This tender invites banks in Karachi under the Ministry of Commerce's Trading Corporation of Pakistan (TCP) to provide Commodity Operations Financing (COF) for Sugar, Wheat, Urea, Cotton, and Rice for the quarter April to June 2026. The financing is backed by Government of Pakistan guarantees and coordinated through the State Bank of Pakistan. The total financing amount is PKR 389.7 billion, and the process is conducted via the e-Pak Acquisition & Disposal System (EPADS). The financing involves banks offering the lowest markup rates for the commodities mentioned. TCP requires banks licensed by the State Bank of Pakistan or SECP to participate, excluding consortiums or joint ventures. The financing terms include settlement timelines, markup rate conditions, and adherence to Shariah principles for Islamic banks. The facility is critical for supporting commodity operations and ensuring liquidity in the agricultural sector in Karachi. Bidders must comply with PEC category requirements and maintain valid FBR/ATL status for the fiscal year 2025-26. The tender emphasizes strict adherence to submission guidelines, including earnest money and call deposit receipt (CDR) provisions. Banks should ensure their bids are unconditional and valid until June 30, 2026, with penalties for backing out or submitting fake documents. Submission deadline is set for 30th March 2026 at 11:00 AM, with bid opening at 11:30 AM in the Board Room of TCP, FTC Building, Block-B, 4th Floor, Shahrah-e-Faisal, Karachi. Bidders must register on EPADS and submit bids electronically, ensuring compliance with all tender conditions. Pro-Tip: Carefully review the tender notice for the exact markup rate submission rules and ensure your bid is the lowest single rate offered. Missing the EPADS registration or submitting conditional rates can lead to disqualification. Also, verify all documentation to avoid blacklisting risks.