Federal Government Employees Housing Authority intends to invite best offer rates for opening of collection accounts/information for the housing scheme on running daily product accounts in scheduled banks (branches located in Islamabad) with the following conditions: (i) Interested Banks located at Islamabad having "AAA" PACRA/JCR-VIS credit rating and foreign banks having requisite Moody's Fitch's and Standard & Poor ratings, (ii) Interested Banks should not have "Rating Outlook-Negative" as mentioned in the list of Credit Ratings of Banks uploaded on official website of State Bank of Pakistan, (iii) All envelopes should be duly marked "QUOTATION BY BANK" and should reach the office of undersigned at 11:00 hours on the date of opening which will be opened at 11:30 hours on same day in presence of the members of banks representatives, (iv) Disfiguring/overwriting and fudging shall render the bid to rejection, (v) The relevant TOR's are also placed at FGE Housing Authority and PPRA website. For Further information/queries please contact at the given number. Director (Finance) Room No.50, 1st Floor, Federal Government Employees Housing Authority, Address: Plot No. 10, Mauve Area, Sector G-10/4, Islamabad. Tel: 051-9106065.