Invitation for Obtaining Mark-Up Rates for Investment of Rs. 770 Million - Punjab Education Curriculum, Training & Assessment Authority (PECTAA)

Description

Punjab Education Curriculum, Training & Assessment Authority (PECTAA), intends to invest Rs.770 Million in Term Deposit Receipts (TDRs) for one year, currently placed in Bank of Punjab Main Boulevard Gulberg-III, Lahore. Schedule: Sr. 01 - Maturity 18.07.2025, Re-investment 19.07.2025, TDRs 200.00 Million, Sr. 02 - Maturity 26.07.2025, Re-investment 27.07.2025, TDRs 400.00 Million, Sr. 03 - Maturity 26.07.2025, Re-investment 27.07.2025, TDRs 10.00 Million, Sr. 04 - Maturity 01.08.2025, Re-investment 02.08.2025, TDRs 10.00 Million, Sr. 05 - Maturity 01.08.2025, Re-investment 02.08.2025, TDRs 150.00 Million. Total Amount: 770.00 Million. PECTAA invites proposals in sealed envelope for obtaining mark-up rates on investment from All Public/Private and Islamic Banks (Excluding Specialized Banks, Development Finance Institutions, Microfinance Banks, and Foreign Banks operating in Pakistan) having minimum long-term "AA-" rating at time of placement of funds as evaluated by JCR-VIS or PACRA and published by State Bank of Pakistan with validity up to 05-08-2026. Sealed proposals should reach below address not later than 03:00 PM on 13th July, 2026 (MONDAY). Proposals opened same day at 03:30 PM in presence of Finance Committee of PECTAA and Branch Managers of banks or authorized representatives. If official holiday, next working day treated as last date. PECTAA reserves right to cancel/reject all proposals without assigning reasons. Director (Finance) Authority, Punjab Education Curriculum Training & Assessment Authority (PECTAA), Adjacent to Pilot Higher Secondary School Wahdat Road Lahore. IPL-6539