Procurement and Bidding Rules

To guarantee that the winning bidder will enter into a contract with the Procuring Entity within the stipulated time and furnish the required performance security.

He shall no longer be allowed to submit another bid for the same contract either directly or indirectly.

To examine the technical components of the bids using 'pass/fail' criteria to determine whether all required documents are present.

<p>The ABC (Approved Budget for the Contract).</p> Signup and view all the answers

<p>A reasonable period of time indicated in the Bidding Documents, taking into account the time involved in the process of Bid evaluation and award of contract.</p> Signup and view all the answers

<p>They are not considered for opening and evaluation of their financial component.</p> Signup and view all the answers

<p>At the time, date, and place specified in the Bidding Documents.</p> Signup and view all the answers

<p>To be made available to the public upon written request and payment of a specified fee.</p> Signup and view all the answers

<p>The documents include Approved Budget for the Contract, Instructions to Bidders, Terms of Reference, Eligibility Requirements, Plans and Technical Specifications, Form of Bid, Delivery Time or Completion Schedule, Form and Amount of Bid Security, and Form of Contract, among others.</p> Signup and view all the answers

<p>The purpose of the pre-procurement conference is to discuss the procurement process before the issuance of the Invitation to Bid.</p> Signup and view all the answers

<p>Specifications shall be based on relevant characteristics and/or performance requirements.</p> Signup and view all the answers

<p>The Procuring Entity shall ensure equal access to information.</p> Signup and view all the answers

<p>The Form of Bid is used to provide a standardized format for bidders to submit their bids.</p> Signup and view all the answers

<p>The Bid Security is used to ensure that the bidder will fulfill their obligations in the bidding process.</p> Signup and view all the answers

<p>The Instructions to Bidders provide the necessary guidelines and criteria for bidders to prepare and submit their bids.</p> Signup and view all the answers

<p>Yes, the Procuring Entity can require additional document requirements or specifications necessary to complete the information required for the bidders to prepare and submit their bids.</p> Signup and view all the answers

<p>The two components of a bid are technical and financial components, which should be in separate sealed envelopes and submitted simultaneously.</p> Signup and view all the answers

<p>The deadline for the receipt of bids is fixed by the BAC, giving it sufficient time to complete the bidding process and considering the urgency of the procurement involved.</p> Signup and view all the answers

<p>Yes, a bidder can modify their bid, provided that it is done before the deadline for the receipt of bids, and the modification should be submitted in a sealed envelope duly identified as a modification of the original bid.</p> Signup and view all the answers

<p>The eligible prospective bidders are evaluated using numerical ratings on the basis of the short listing requirements, and the outcome is the determination of the short list of bidders who shall be allowed to submit their respective bids.</p> Signup and view all the answers

<p>A prospective bidder may submit their eligibility requirements electronically, but they shall later on certify under oath as to the correctness of the statements made and the completeness and authenticity of the documents submitted.</p> Signup and view all the answers

<p>Bids submitted after the deadline shall not be accepted.</p> Signup and view all the answers

<p>The GPPB may prescribe innovative procedures for the submission, receipt, and opening of bids through the G-EPS.</p> Signup and view all the answers

<p>The prospective bidder shall certify under oath as to the correctness of the statements made and the completeness and authenticity of the documents submitted.</p> Signup and view all the answers