Veterans Federation of the Philippines Tender

Description Terms Of Reference On The Procurement Of Ambulatory Equipment A. Rationale The Veterans Federation Of The Philippines (vfp) Will Procure Ambulatory Equipment To Be Distributed To Vfp Veteran- Members In Good Standing Who Are Need Of Said Equipment. B. Approved Budget For The Contract The Approved Budget For The Contract For The Procurement Of Ambulatory Equipment Is Three Hundred Ninety Three Thousand Seven Hundred Fifty Pesos Only (₱393,750.00) Chargeable Against Approved Corporate Operating Budget Fiscal Year 2023. C. Specifications And Descriptions 1. The Procurement Of Materials And Delivery Of Ambulatory Equipment May Change Or Vary Within Fifteen (15) Days Of The Specifications As Stipulated In The Term Of Reference. The Vfp Will Notify The Winning Supplier In Writing Within Three (3) Days Prior To The Changes Stated Above. Hereunder Are The Specifications And Descriptions: Ambulatory Equipment Specifications And Descriptions (see Attached Specifications) No Items Qty U/price T/price 1 Wheel Chair With Vfp Logo/tag 2 Single Cane 3 Quad Cane 4 Walker A. The Supplier Must Be Philgeps Registered Member; B. Sub-contracting From Other Supplier Is Not Allowed; And C. The Vfp And The Winning Supplier Will Mutually Agree Upon All Other Arrangements. D. Schedule Of Delivery-: All Items Shall Be Delivered Thirty (30) Calendar Days Upon Receipt Of Notice To Proceed E. Mode Of Procurement The Procurement For The Materials And Delivery Of The Ambulatory Equipment Shall Be Undertaken Through Alternative Mode Of Procurement. F. Terms Of Payment 1. Full Payment Shall Be Made Within Thirty (30) Calendar Days From The Receipt Of The Statement Of Account/billing And 2. Payment Shall Be Made In The Form Of Bank Check Pay To The Supplier. G. Warranty 1. In Order To Assure That Manufacturing Defects Shall Be Corrected By The Supplier, A Warranty Security Shall Be Required From The Contract Awardee For A Period Of Three (3) Months. 2. The Obligation For The Warranty Shall Be Covered By Either Retention Money In An Amount Equivalent To One Percent (1%) Or A Special Bank Guarantee Equivalent To One Percent (1%) Of The Total Contract Price. The Said Amounts Shall Only Be Released After The Lapse Of The Warranty Period. F. Liquidated Damages Where The Supplier Refuses Or Fails To Satisfactorily Complete The Delivery Within The Specified Contract Time, Plus Any Extension Time Duly Granted Is Hereby In Default Under The Contract, The Supplier Shall Pay The Vfp For Liquidated Damages And Not By Way Of Penalty, An Amount, As Provided In The Conditions Of The Contract, Equal To One Percent (1%) Of The Cost Of The Undelivered Quantity For Every Delay. Once The Cumulative Amount Of Liquidated Damages Reaches Ten Percent (10%) Of The Approved Budget Of The Contract, The Vfp May Rescind Or Terminate The Contract, Without Prejudice To Other Courses Of Action And Remedies Available Under The Circumstances, Such As But Not Limited To Forfeiture Of Performance Security And/or Blacklisting Of The Latter. -