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The Utility Stores Corporation (USC) has announced its intention to procure additional sugar as part of the prime minister’s initiative.

Sources reveal that the corporation has initiated a new tender for the acquisition of 35,000 metric tons of refined sugar.

As per the tender specifications, interested parties must submit sealed bids electronically via E-PADS by 12:00 PM on 10-06-2024, with the opening scheduled for the same day at 12:30 PM through E-PADS. Bidders are instructed to provide their best and final prices, inclusive of all applicable taxes, as negotiations regarding the scope of work and pricing will not be entertained.

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Furthermore, it has been mandated that sugar mills, stockists, and firms already engaged with USC must reapply afresh.

It is noteworthy that USC recently procured 10,000 metric tons of sugar at the rate of Rs. 141.20 per kg. After factoring in additional expenses, the total cost amounted to Rs. 156 per kg.

USC retails sugar at Rs. 109 per kg for beneficiaries of the Benazir Income Support Programme (BISP), while other consumers are charged Rs. 155 per kg.

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