COCONUT INDUSTRY INVESMENT FUND Tender

Description 1.the Coconut Industry Investment Fund - Legaspi Oil Company, Inc. (legoil), Through The 2024 Corporate Budget Intends To Apply The Sum Of Two Million Eight Hundred Sixty-nine Thousand Four Hundred Sixty-six Pesos And 88/100 (p2,869,466.88) Inclusive Of All Applicable Government Taxes Being The Abc To Payments Under The Contract For The Procurement Of Various Gearhead Motors For Legaspi Oil Company, Inc. Bids Received In Excess Of The Abc Shall Be Automatically Rejected At Bid Opening. The Coconut Industry Investment Fund - Legaspi Oil Company, Inc. (legoil), Through The 2024 Corporate Budget Intends To Apply The Sum Of: Item Particulars / Description Quantity Abc -------------------------------------------------------------------------------------- 1 Gearhead Motor 7.5 Hp 6 Units P 792,650.88 Gearhead Motor 10 Hp 5 Units P 824,409.60 Gearhead Motor 15 Hp 5 Units P 1,252,406.40 ---------------------------------------------------------------------------------------- Total P 2,869,466.88 2.the Coconut Industry Investment Fund - Legaspi Oil Company, Inc. (legoil) Now Invites Bids For The Above Procurement Project. Delivery Of The Goods As 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 - Legaspi Oil Company, Inc. (legoil) 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 November 21, 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 Five Thousand Pesos (p5,000.00). 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 - Legaspi Oil Company, Inc. (legoil) Will Hold A Pre-bid Conference1 On November 29, 2024, 11:00am At 4f Palacio Del Gobernador, General Luna St., Intramuros, Manila And/or Through Video Conferencing Or Webcasting Via Zoom Application (meeting Id: 918 6722 3402; Password: 252128), 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 December 11, 2024 At 2:00pm. 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 December 11, 2024, 2:30pm 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: 918 4463 2119). Bids Will Be Opened In The Presence Of The Bidders’ Representatives Who Choose To Attend The Activity. 10.the Coconut Industry Investment Fund - Legaspi Oil Company, Inc. (legoil) 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