Investment of Rs. 160 Million University Funds with AA-Rated Banks by MCUT Dera Ghazi Khan

Mir Chakar Khan Rind University of Technology (MCUT), Dera Ghazi Khan, invites sealed bids from AA-rated banks for the investment of university funds totaling Rs. 160.00 million (Rupees One Hundred Sixty Million Only). The funds comprise Pension Funds, Endowment Funds, and Development Funds. The proposed investment period is one year.

Interested AA-rated banks must submit their bids in sealed envelopes, clearly mentioning the offered annual rate of return. Bids must reach the Office of the Treasurer, MCUT, Dera Ghazi Khan, on or before 12 November 2026 at 10:00 AM.

The bids will be opened on 12 November 2026 at 10:30 AM in the Office of the Treasurer, MCUT, Dera Ghazi Khan. Opening will take place in the presence of the University Investment Committee and representatives of participating banks who wish to attend.

The highest offered rate will be evaluated in accordance with the applicable rules and the University's approved investment policy. The highest quoted rate will first be forwarded to the Bank of Punjab for matching, where applicable. If the Bank of Punjab does not match the highest offered rate, the investment will be considered for award to the bank offering the highest acceptable rate. Any award remains 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. The contact officer is Iqbal Baloch, Treasurer, Mir Chakar Khan Rind University of Technology, 12 KM Sakhi Sarwar Road, Dera Ghazi Khan. Banks may contact the Treasurer by email at treasurer@mcut.edu.pk or by telephone at 0333-8582580.