Municipality Of Sto Tomas, Davao Del Norte Tender

Description Bids And Awards Committee The Barangay Bobongon Of Santo Tomas Through The Bids And Awards Committee (bac) Invites Qualified Bidders/suppliers To Apply For Eligibility And To Submit Sealed Bids For Items Listed And Described Herein Charged Against The Installation Of Fiberglass Basketball Goal With Complete Accessories With Approved Budget For The Contract Amounting To( ₱ 150,000.00) Interested Parties Are Requested To Submit A Letter Of Intent And Updated Documents To The Chairman, Bids And Awards Committee (bac), Through The Bac Secretariat. 1. Each Bid Shall Be Accompanied By A Bid Security In The Form Of; (all Stated In Philippine Pesos) A) Cash, Certified Check, Cashier’s Check, Manager’s Check, Bank Draft Or Irrevocable Letter Of Credit, One Percent (2%) Of The Approved Budget For The Contract; B) Bank Guarantee, One And A Half Percent (1½%) Of The Approved Budget For The Contract; C) Surety Bond, Two And A Half Percent (2½%) Of The Approved Budget For The Contract; D) Foreign Government Guarantee, One Hundred Percent (100%) Of The Approved Budget For The Contract. 2. The Bond Shall Be Forfeited In Favor Of The Government Shall The Winning Bidders/successful Bidder Fails To Enter Into Contract With The Government In Accordance With This Bid Within Ten (10) Days Upon Advice Of The Barangay Bids And Awards Committee (bac) Established In Accordance With Article V On Government Procurement Reform Act No. 9184. 3. After Awards, The Winning Bidder Shall Put Up A Performance Security Equivalent To A) Cash, Manager’s Check, Cashier’s Check, Irrevocable Letter Of Credit, Bank Draft, 5% Of The Contract Price; B) Bank Guarantee, 10% Of The Total Contract Price C) Surety Bond, 30% Of The Total Contract Price Duly Accredited By The Central Tender Board 4. Should The Bidder Fails To Put Up Performance Security, The Government Shall Confiscated His Proposal Bond And Bar Him From Participating In Some Or All Future Bidding, Being An Irresponsible Bidder. 5. Failure Of The Winning Bidder To Make Delivery Of The Items With The Specified Prescribed Period, The Barangay Treasurer Shall Impose Penalties Equivalent To One Tenth Of One Percent (1/10 Of 1%) Of The Total Value Of The Contract Price Of The Undelivered Items. 6. The Barangay Treasury May Deduct The Value Of The Penalty Imposed From Any Money Due To The Bidder Or From The Bidder’s Bond Filed Under His Bid. 7. The Bidder Or His Duly Authorized Representative Must Be Present To Witness The Opening Of The Bids And To Answer Queries That Maybe Asked By The Bids And Awards Committee. However, The Committee Even Without The Presence Of The Bidder Shall Open All Bids Received On Time. 8. Bidders Must Attach In Separate Envelope The Photocopy Of Business With Official Receipts, Dti Registration Of Business Name And Supplier’s Accreditation From Covered Agencies All Duly Authenticated. Ex. Bfad, Sec, Cda. 9. Winning Bidder Should Deliver The Items At The Site Or Place As Specified By The Requisitioning Office As Indicated In The Invitation To Apply For Eligibility And To Bid And Or Other Bidding Documents. Bidding Of The Above Items Is Scheduled On February 23 At 10:00 Am At The Barangay Hall Of Bobongon And The Bid Documents May Be Obtained From The Bac. Bidders Should Submit Bids In Duly Sealed Envelopes Labeled, Only Bids Within The Approved Budget For The Contract To Be Bid Will Be Accepted. All Particulars Relative To The Eligibility Process, Bidding, Evaluation Of Bids, Post-qualification And Award Of Contract Shall Be Governed By The Implementing Rules And Regulation (irr-a) Of Republic Act 9184 Otherwise Known As The Government Procurement Reform Act. The Bids And Awards Committee Of Barangay Bobongon, Municipality Of Santo Tomas Reserves The Right To Reject Any Or All Bids, To Waive Any Defect Or Formality Therein And To Accept Bids Considered Complying And Lowest Calculated Responsive Bids And Advantageous To The Government.