Energy Regulatory Commission Tender

Description Request For Expression Of Interest For Procurement Of Consulting Services For The Review, Validation And Determination Of The Regulatory Reset Requirements For The Fifth Regulatory Period (5th Rp) Of Manila Electric Company (meralco) For The Setting Of The Distribution Wheeling Rates 1. The Energy Regulatory Commission (erc), Through The Government Of The Philippines (gop) Continuing Appropriations For Fiscal Year 2024, Intends To Apply The Sum Of Fifty Million Two Hundred Ninety-one Thousand Six Hundred Pesos (php50,291,600.00), Inclusive Of All Government Taxes And Other Charges And Fees, Being The Approved Budget For The Contract (abc) To Payments Under The Contract For The Procurement Of Consulting Services For The Review, Validation And Determination Of The Regulatory Reset Requirements For The Fifth Regulatory Period (5th Rp) Of Manila Electric Company (meralco) For The Setting Of The Distribution Wheeling Rates (lot No. 2025-02). Bids Received In Excess Of The Abc Shall Be Automatically Rejected At The Opening Of The Financial Proposals. 2. The Erc, Now Calls For The Submission Of Eligibility Documents For The Procurement Of Consulting Services For Review, Validation And Determination Of The Regulatory Reset Requirements For The Fifth Regulatory Period (5th Rp) Of Manila Electric Company (meralco) For The Setting Of The Distribution Wheeling Rates. Eligibility Documents Of Interested Consultants Must Be Duly Received By The Bac Secretariat On Or Before 17 February 2025 At 01:00 P.m. At 11th Floor, Exquadra Tower, 1 Jade Drive Ortigas Center, Pasig City. Applications For Eligibility Will Be Evaluated Based On A Non-discretionary “pass/fail” Criterion. Prospective Bidders Are Requested To Bring The Originals Of The Documents Submitted And Present The Same For Comparison During The Eligibility Opening. 3. Interested Bidders May Obtain Further Information From Bac Secretariat And Inspect The Bidding Documents At The Address Given Below During Monday To Friday, 9:00 A.m. To 3:00 P.m. 4. A Complete Set Of Bidding Documents May Be Acquired By Interested Bidders On 07 February 2025 From The Address Below And Upon Payment Of A Non-refundable Fee Of Fifty Thousand Pesos (php50,000.00). It May Also Be Downloaded Free Of Charge From The Website Of The Philippine Government Electronic Procurement System (philgeps) And The Website Of The Procuring Entity, Provided That Bidders Shall Pay The Applicable Fee For The Bidding Documents Not Later Than The Submission Of Their Bids. 5. The Bac Shall Draw Up The Short List Of Consultants From Those Who Have Submitted Expression Of Interest, Including The Eligibility Documents, And Have Been Determined As Eligible In Accordance With The Provisions Of Republic Act 9184 (ra 9184), Otherwise Known As The “government Procurement Reform Act”, And Its Implementing Rules And Regulations (irr). The Short List Shall Consist Of Five (5) Prospective Bidders Who Will Be Entitled To Submit Bids. The Criteria And Rating System For Short Listing Are: Criteria For Shortlisting Of Prospective Bidders For The Procurement Of Consulting Services For The Review, Validation And Determination Of The Regulatory Reset Requirements For The Fifth Regulatory Period (5th Rp) Of Manila Electric Company (meralco) For The Setting Of The Distribution Wheeling Rates Criteria/particulars Points I. Applicable Experience Of The Firm - 30 Prior Involvement In The Utility Prudency Review Or Of Other Jurisdictions Ii. Qualification Of Officers, Key/organic Personnel Who May Be Assigned To The Study - 35 Education, Training, And Years Of Professional Experience Iii. Current Workload Relative To The Job Capacity - 35 Grand Total - 100 Hurdle Rate - 70 (note: Only The Top 5 Ranked Firms With At Least 70% Points Based On The Shortlisting Criteria Will Be Invited To Submit The Technical And Financial Proposals. Should Less Than The Required Number Apply For Eligibility And Short Listings Pass The Eligibility Check, And/or Pass The Minimum Score Required In The Short Listing, The Bac Shall Consider The Same.) 6. Bidding Will Be Conducted Through Open Competitive Bidding Procedures Using Non-discretionary “pass/fail” Criterion As Specified In The Irr Of Ra 9184. Bidding Is Open To All Interested Bidders, Whether Local Or Foreign, Subject To The Conditions For Eligibility Provided In The Irr Of Ra 9184. 7. The Procuring Entity Shall Evaluate Bids Using The Quality-based Evaluation (qbe). The Criteria And Rating System For The Evaluation Of Bids Shall Be Provided In The Instructions To Bidders. 8. The Contract Shall Be Completed Within A Total Period Of One Hundred Twenty (120) Calendar Days, Upon Consultant’s Receipt Of Meralco’s Revenue Application And Required Data/ Information (e.g. Independent Expert’s Report). 9. The Erc 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 Section 41 Of Ra 9184 And Its Irr, Without Thereby Incurring Any Liability To The Affected Bidder Or Bidders.