COCONUT INDUSTRY INVESMENT FUND Tender

Description 1. The Coconut Industry Investment Fund - Granexport Manufacturing Corporation (granex), Through The 2024 Corporate Budget Intends To Apply The Sum Of Fifty -seven Million Sixty-one Thousand Nine Hundred Forty-seven Pesos And 96/100 (p57,061,947.96) Inclusive Of All Applicable Government Taxes Being The Abc To Payments Under The Contract For The Procurement Of Low Sulfur Fuel Oil (bunker Fuel) For Granexport Manufacturing Corporation Bids Received In Excess Of The Abc Shall Be Automatically Rejected At Bid Opening. The Coconut Industry Investment Fund - Granexport Manufacturing Corporation (granex), Through The 2024 Corporate Budget Intends To Apply The Sum Of: Item Particulars / Description Quantity Abc 1 Low Sulfur Fuel Oil (bunker Fuel) 1,030,000 Liters P57,061,947.96 --------------------------------------------- Total P57,061,947.96 2. The Coconut Industry Investment Fund - Granexport Manufacturing Corporation (granex) Now Invites Bids For The Above Procurement Project. Delivery Of The Goods Is Required By July 2024. 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 - Granexport Manufacturing Corporation (granex) 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 May 14, 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 P50,000.00 . 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 - Granexport Manufacturing Corporation (granex) Will Hold A Pre-bid Conference On May 22, 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: 834 3811 6747; Password: 202285), 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 June 3, 2024 At 3:00pm. 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 June 3, 2024, 3:30pm 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: 862 7277 8090). Bids Will Be Opened In The Presence Of The Bidders’ Representatives Who Choose To Attend The Activity. 10. The Coconut Industry Investment Fund - Granexport Manufacturing Corporation (granex) 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