COCONUT INDUSTRY INVESMENT FUND Tender

Description 1. The Coconut Industry Investment Fund - San Pablo Manufacturing Corporation (spmc), Through The 2024 Corporate Budget Intends To Apply The Sum Of Seven Million Eight Hundred Forty Thousand Five Hundred Sixty-eight Pesos And 76/100 (p7,840,568.76) Inclusive Of All Applicable Government Taxes Being The Abc To Payments Under The Contract For The Procurement Of Various Food Additives For San Pablo Manufacturing Corporation Bids Received In Excess Of The Abc Shall Be Automatically Rejected At Bid Opening. The Coconut Industry Investment Fund - San Pablo Manufacturing Corporation (spmc), Through The 2024 Corporate Budget Intends To Apply The Sum Of: Item Particulars / Description Quantity Abc 1 Skimmed Milk Powder 1,300 Kg P 400,400.00 2 Iodized Salt (vacuum Dried) 5,850 Kg 115,819.47 3 Butylated Hydroxy Toluene (bht) 50 Kg 25,300.00 4 Distilled Monoglyceride 15,000 Kg 2,277,000.00 5 Folic Acid 1 Kg 20,350.00 6 Vitamin A Palmitate, 1.7 Miu/g 330 Kg 2,323,200.00 7 Soy Lecithin 120 Kg 46,200.00 8 Potassium Sorbate 200 Kg 48,400.00 9 Dl-alpha Tocopherol 405 Kg 2,583,899.29 ------------------------------------------------------------------------------------------------------ Total P7,840,568.76 2. The Coconut Industry Investment Fund - San Pablo Manufacturing Corporation (spmc) Now Invites Bids For The Above Procurement Project. Delivery Of The Goods Is Required On The Dates Specified In The Schedule Of Requirements. Bidders Should Have Completed, Within Five (5) Years From The Date Of Submission And Receipt Of Bids, A Contract Similar To The Project. The Description Of An Eligible Bidder Is Contained In The Bidding Documents, Particularly, In Section Ii (instructions To Bidders). 3. Bidding Will Be Conducted Through Open Competitive Bidding Procedures Using A Non-discretionary “pass/fail” Criterion As Specified In The 2016 Revised Implementing Rules And Regulations (irr) Of Republic Act (ra) No. 9184. A. Bidding Is Open To All Interested Bidders, Whether Local Or Foreign, Subject To The Conditions For Eligibility Provided In The 2016 Revised Irr Of Ra No. 9184. 4. Prospective Bidders May Obtain Further Information From The Coconut Industry Investment Fund - San Pablo Manufacturing Corporation (spmc) And Inspect The Bidding Documents At The Address Given Below During 9:00am To 5:00pm. 5. A Complete Set Of Bidding Documents May Be Acquired By Interested Bidders On October 7, 2024 From The Given Address And Website(s) Below And Upon Payment Of The Applicable Fee For The Bidding Documents, Pursuant To The Latest Guidelines Issued By The Gppb, In The Amount Of: Approved Budget For The Contract Bid Docs Fee 500,000 And Below P500.00 More Than 500,000 Up To 1million P1,000.00 More Than 1million Up To 5million P5,000.00 More Than 5million Up To 10million P10,000.00 The Procuring Entity Shall Allow The Bidder To Present Its Proof Of Payment For The Fees To Be Presented In Person, By Facsimile, Or Through Electronic Means. 6. The Coconut Industry Investment Fund - San Pablo Manufacturing Corporation (spmc) Will Hold A Pre-bid Conference On October 15, 2024, 3:00pm At 4f Palacio Del Gobernador, General Luna St., Intramuros, Manila, And/or Through Video Conferencing Or Webcasting Via Zoom Application (meeting Id: 839 0886 6168; Passcode 997217), Which Shall Be Open To Prospective Bidders. 7. Bids Must Be Duly Received By The Bac Secretariat Through Manual Submission, At The Office Address Indicated Below On Or Before October 28, 2024 At 2:30pm. Late Bids Shall Not Be Accepted. 8. All Bids Must Be Accompanied By A Bid Security In Any Of The Acceptable Forms And In The Amount Stated In Itb Clause 14. 9. Bid Opening Shall Be On October 28, 2024, 3:00pm Through Hybrid Set-up. Bidders May Be Physically Present At Ciif-omg At The Given Address Below And/or Through Video Conferencing Or Webcasting Via Zoom Application (meeting Id: 813 1228 0102). Bids Will Be Opened In The Presence Of The Bidders’ Representatives Who Choose To Attend The Activity. 10. The Coconut Industry Investment Fund - San Pablo Manufacturing Corporation (spmc) Reserves The Right To Reject Any And All Bids, Declare A Failure Of Bidding, Or Not Award The Contract At Any Time Prior To Contract Award In Accordance With Sections 35.6 And 41 Of The 2016 Revised Irr Of Ra No. 9184, Without Thereby Incurring Any Liability To The Affected Bidder Or Bidders. 11. For Further Information, Please Refer To: Angelita G. Rapada Bac Secretariat 4th Floor, Palacio Del Gobernador, General Luna St., Intramuros, Manila Telephone Number: (632) 8892-2927 Email Address: Arapada@ciif.ph 12. You May Visit The Following Websites: For Downloading Of Bidding Documents: Www.ciif.ph