Menu Close

Supplemental Bid Bulletin No. 02-2024

BIDS AND AWARDS COMMITTEE

Supplemental Bid Bulletin No. 02-2024

 

1. Supplemental Bid Bulletin No.02-2024 is being issued to revise certain provisions in the Bidding Documents for the following lots:

LOT 1: Supply and Delivery of Brand New Electrical Hardware Materials, Conductor Wires  and Steel poles

LOT 2: Supply and Delivery of Brand New Concrete Poles

 

MODIFICATION OF THE BIDDING DOCUMENTS FOR LOT 1 & LOT 2

FROM

TO

INSTRUCTION TO BIDDERS(ITB)

1.        Item 18.1

        The bid security in the amount stated in the BDS shall be equal to the percentage of the ABC in accordance with the following schedule:

Form of Bid Security

Amount of Bid Security

(Equal to Percentage of the ABC)

Cash or cashier’s/manager’s check, issued by a Universal or Commercial Bank

Two percent (2%)

Bank Draft/Guarantee or irrevocable letter of credit (from Universal and/ or Commercial Bank)

Two percent (2%)

 

 

The bid security in the amount stated in the BDS shall be at least equal to the percentage of the ABC in accordance with the following schedule:

Form of Bid Security

Amount of Bid Security

(at least equal to Percentage of the ABC)

Cash or cashier’s/manager’s check, issued by a Universal or Commercial Bank

Two percent (2%)

Bank Draft/Guarantee or irrevocable letter of credit (from Universal and/ or Commercial Bank)

Two percent (2%)

 

2.        Item 32.2

         The performance security shall be denominated in Philippine Pesos and posted in favor of the Procuring Entity in an amount equal to the percentage of the total contract price in accordance with the following schedule:

Form of Performance Security

Amount of Performance Security

(equal to Percentage of the total contract price)

Cash or cashier’s/manager’s check, issued by a Universal or Commercial Bank

Five percent (5%)

Bank Draft/Guarantee or irrevocable letter of credit (from Universal and/ or Commercial Bank)

Ten percent (10%)

 

 

The performance security shall be denominated in Philippine Pesos and posted in favor of the Procuring Entity in an amount at least equal to the percentage of the total contract price in accordance with the following schedule:

Form of Performance Security

Amount of Performance Security

(at least equal to Percentage of the total contract price)

Cash or cashier’s/manager’s check, issued by a Universal or Commercial Bank

Five percent (5%)

Bank Draft/Guarantee or irrevocable letter of credit (from Universal and/ or Commercial Bank)

Ten percent (10%)

 

 

BID DATA SHEET(BDS)

3.        ITB Clause 18.1 (Lot 1)

The Bid security shall be in the following amount:

The amount of PHP 30,800.00 if bid security is in cash, cashier’s/manager’s check, bank draft; The amount of PHP 30,800.00 if bid security is in Bank Guarantee

 

ITB Clause 18.1 (Lot 2)

 

The Bid security shall be in the following amount:

The amount of PHP 31,850.00 if bid security is in cash, cashier’s/manager’s check, bank draft; The amount of PHP 31,850.00 if bid security is in Bank Guarantee

 

The Bid security shall be in the following amount:

The amount of at least PHP 30,800.00 if bid security is in cash, cashier’s/manager’s check, bank draft; The amount of PHP 30,800.00 if bid security is in Bank Guarantee

 

The Bid security shall be in the following amount:

The amount of at least PHP 31,850.00 if bid security is in cash, cashier’s/manager’s check, bank draft; The amount of PHP 31,850.00 if  bid security is in Bank Guarantee

4.        Eligibility Requirement Checklist Item C.(ii)

 

  NFCC computation or CLC in accordance with ITB Clause 5.4

 

 

    NFCC computation in accordance with ITB Clause 5.4

 

This Supplemental Bid Bulletin shall form part of the bidding documents. Any provisions in the bidding documents that are inconsistent with this bulletin is hereby amended, modified and superseded accordingly.

 

Issued on July 31, 2024 at QUIRELCO Main Office, Aurora East, Diffun, Quirino for the guidance and information of all concerned.

 

Leave a Reply

Your email address will not be published.