CE 5.3
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Questions and Answers

Section ______ states that, if any dispute or difference of any kind whatsoever shall arise between the parties in connection with the implementation of the contract covered by the Act and this IRR, the parties shall make every effort to resolve amicably such dispute or difference by mutual consultation

  • Section 59. Arbitration (correct)
  • Section 60. Appeals
  • Section 61. Contract Prices
  • Section 62. Warranty
  • For the procurement of Goods, 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 minimum period of __________, in the case of Expendable Supplies.

  • One (1) month
  • 2 months
  • 3 months (correct)
  • 4 months
  • When bidders agree for one or more of them to refrain from bidding or withdraw bids already submitted, aiming to unfairly benefit one party.

  • Collusive Bidding
  • Malicious Submissions of Bids
  • Bid Suppression Agreements (correct)
  • Anti- Competitive Practices
  • Section 78. Effectivity Clause. This IRR shall take effect _________ calendar days after its publication in the Official Gazette Or in a newspaper of general nationwide circulation and upon filing with the University of the Philippines Law Center of three (3) certified copies of this IRR.

    <p>Sixty (60) calendar days</p> Signup and view all the answers

    Rule XX (20) is …

    <p>The Government Procurement Policy Board</p> Signup and view all the answers

    In the Form of Warrant Security, how many percent is the amount of warranty security a surety bond callable upon demand issued by GSIS or a surety or insurance company duly certified by the Insurance Commission as authorized to issue such security?

    <p>Thirty (30) percent</p> Signup and view all the answers

    It is the policy of the government to adopt a set rules and regulations covering government contracts for infrastructure and other construction projects

    <p>Presidential Decree no. 1594</p> Signup and view all the answers

    The _______ may preventively suspend any member of the Technical Working Group or the Secretariat, or the BAC, if there are strong reasons or prima facie evidence showing that the officials or employees concerned are guilty of the charges filed against them under Rules XXI and XXII of this IRR, or for dishonesty as defined by the Civil Service Laws.

    <p>Head of the Procuring Entity (HoPE)</p> Signup and view all the answers

    SECTION 3. Prequalification of Prospective Contractors. The prospective contractor may be prequalified to offer his bid for a construction project only if he meets the following requirements, EXCEPT.

    <p>. Financial Resolution</p> Signup and view all the answers

    The arbitral award and any decision rendered in accordance with the foregoing Section shall be appealable by way of a petition for review to the ___________.

    <p>Court of Appeals</p> Signup and view all the answers

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