Investment of IESCO Consumer Security Deposit in Term Deposit Receipt TDR and T-Bills

The Islamabad Electric Supply Company (IESCO) invites proposals for the investment of Rs. 12,182 million of its consumer security deposit in financial instruments such as Term Deposit Receipt (TDR) and Treasury Bills (T-Bills). This corrigendum extends the opening date for submission of proposals from 3rd August 2026 to 12th August 2026, allowing interested bidders additional time to prepare their submissions. Items being procured: - Investment of Rs. 12,182 million of IESCO consumer security deposit - Placement in Term Deposit Receipt (TDR) - Placement in Treasury Bills (T-Bills) This procurement involves financial services related to investment management rather than physical goods or construction works. The scope includes secure and profitable placement of consumer security deposits in government-backed financial instruments, ensuring compliance with regulatory and financial guidelines. The investment will be managed under the supervision of the Dy. Director Banking at IESCO. Eligible bidders should have relevant experience in financial investment services, particularly in handling large-scale government or corporate funds. Registration with the Federal Board of Revenue (FBR) and inclusion on the Active Taxpayers List (ATL) are mandatory. Bidders must demonstrate sound financial standing and capability to manage substantial investment portfolios. The extended submission deadline is **12 August 2026** at 23:59:59. Proposals must be submitted in accordance with the instructions provided by IESCO's procurement department in Islamabad. Earnest Money or CDR requirements, if any, will be detailed in the original tender documents. A practical tip for bidders: Ensure all financial credentials and compliance documents are up to date and clearly presented. Given the financial nature of this tender, transparency and accuracy in your proposal will be critical to success. Early submission is advised to avoid last-minute issues, especially with the extended deadline.