Tender details

MIR CHAKAR KHAN RIND
UNIVERSITY OF TECHNOLOGY
DERA GHAZI KHAN
INVITATION FOR BIDS FROM AA-RATED BANKS FOR
INVESTMENT OF UNIVERSITY FUNDS
Mir Chakar Khan Rind University of Technology (MCUT), Dera Ghazi Khan, invites sealed bids
from AA-rated banks for investment of university funds amounting to Rs. 160.00 million (Rupees
One Hundred Sixty Million Only), comprising Pension Funds, Endowment Funds, and Development
Funds, for a period of one (01) year.
Interested banks are requested to submit their bids in sealed envelopes, clearly mentioning the
offered annual rate of return, at the office of the Treasurer, MCUT, Dera Ghazi Khan, on or before
the following schedule:
• Bid Submission Date: 12 November 2026
• Bid Submission Time: 10:00 AM
• Bid Opening Date: 12 November 2026
• Bid Opening Time: 10:30 AM
• Venue: Office of the Treasurer, MCUT, Dera Ghazi Khan
The bids shall be opened on the stipulated date and time in the presence of the University Investment
Committee and representatives of the participating banks who wish to attend.
The highest offered rate shall be evaluated in accordance with the applicable rules and the
University's approved investment policy. The highest quoted rate shall first be forwarded to the Bank
of Punjab for matching, where applicable. In case the Bank of Punjab does not match the highest
offered rate, the investment shall be considered for award to the bank offering the highest acceptable
rate, subject to fulfillment of the prescribed eligibility criteria, applicable rules, and approval of the
competent authority. The University reserves the right to accept or reject any or all bids in
accordance with the applicable rules.
IQBAL BALOCH
TREASURER
Mir Chakar Khan Rind University of Technology,
12 KM Sakhi Sarwar Road, Dera Ghazi Khan.
Email: treasurer@mcut.edu.pk Contact No. 0333-8582580
IPL-11379