Power Sector Assets And Liabilities Management Corporation q Tender

Invitation To Bid (ITB): Procurement of operation and maintenance service contract for the malaya thermal power plant Category: Fuels/fuel additives & lubricants & anti corrosive Approved Budget for the Contract: Php 224,800,000.00 Delivery Period: Order Bid Supplements 0 Document Request List 0 Date Published 08/07/2020 Last Updated / Time 08/07/2020 12:00 AM Closing Date / Time 27/07/2020 10:15 AM Description 1. The Power Sector Assets and Liabilities Management (PSALM) Corporation, through the 2020 Corporate Operating Budget (for the portion of the Contract to be performed in 2020) and to be included in 2021 Corporate Operating Budget (for the portion of the Contract to be performed in 2021), intends to apply the sum of TWO HUNDRED TWENTY-FOUR MILLION EIGHT HUNDRED THOUSAND PESOS (PHP224,800,000.00) being the Approved Budget for the Contract (ABC) to payments under the contract for the Procurement of Operation and Maintenance Service Contract ( OMSC ) for the Malaya Thermal Power Plant (Project Reference No. 2020-PB-OMSC-MTPP-002-02). Bids received in excess of the ABC shall be automatically rejected at bid opening.2. PSALM now invites bids for the OMSC for the Malaya Thermal Power Plant. Delivery of the Goods and Services is required for one (1) year upon the effectivity of the Contract. 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. Instruction 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) 9184, otherwise known as the Government Procurement Reform Act .Bidding is open to all interested bidders, whether local or foreign subject to the conditions for eligibility provided in the IRR of RA 9184.4. A complete set of Bidding Documents may be acquired by interested Bidders beginning on 07 July 2020 upon payment of an applicable fee for the Bidding Documents, pursuant to the latest guidelines issued by the GPPB, in the amount of Fifty Thousand Pesos (PhP50,000.00). It may also be downloaded free of ch