Proposed Renovation of Former Jacinto Building - Clark Freeport Zone

27. Detailed Evaluation and Comparison of Bids27.1. The Procuring Entity will undertake the detailed evaluation andcomparison of Bids which have passed the opening and preliminaryexamination of Bids, pursuant to ITB Clause 24, in order to determinethe Lowest Calculated Bid.27.2. In evaluating the Bids to get the Lowest Calculated Bid, the ProcuringEntity shall undertake the following:(a)(b)The detailed evaluation of the financial component of the bids,to establish the correct calculated prices of the bids; andThe ranking of the total bid prices as so calculated from thelowest to highest. The bid with the lowest price shall beidentified as the Lowest Calculated Bid.27.3. The Procuring Entity's BAC shall immediately conduct a detailedevaluation of all bids rated “passed,” using non-discretionary “pass/fail”criterion. Unless otherwise specified in the BDS, the BAC shall considerthe following in the evaluation of bids:(a)(b)Completeness of the bid. Unless the ITB specifically allowspartial bids, bids not addressing or providing all of the requireditems in the Schedule of Requirements including, whereapplicable, bill of quantities, shall be considered non-responsiveand, thus, automatically disqualified. In this regard, where arequired item is provided, but no price is indicated, the sameshall be considered as non-responsive, but specifying a "0"(zero) for the said item would mean that it is being offered forfree to the Procuring Entity; andArithmetical corrections. Consider computational errors andomissions to enable proper comparison of all eligible bids. Itmay also consider bid modifications if expressly allowed in theBDS. Any adjustment shall be calculated in monetary terms todetermine the calculated prices.27.4. Based on the detailed evaluation of bids, those that comply with theabove-mentioned requirements shall be ranked in the ascending orderof their total calculated bid prices, as evaluated and corrected forcomputational errors, discounts and other modifications, to identify theLowest Calculated Bid. Total calculated bid prices, as evaluated andcorrected for computational errors, discounts and other modifications,which exceed the ABC shall not be considered, unless otherwiseindicated in the BDS.27.5. The Procuring Entity’s evaluation of bids shall only be based on the bidprice quoted in the Financial Bid Form.28Clark Development CorporationSection II Instructions to BiddersProposed Renovation of Former Jacinto Building(Motorpool, Records, Warehouses and Maintenance Area)