Improvement of FPA Laboratory - Fertilizer and Pesticide Authority

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15.3. All duties, taxes, and other levies payable by the Contractor under theContract, or for any other cause, prior to the deadline for submission of bids,shall be included in the rates, prices, and total bid price submitted by theBidder.15.4. All bid prices for the given scope of work in the contract as awarded shall beconsidered as fixed prices, and therefore not subject to price escalationduring contract implementation, except under extraordinary circumstancesas specified in GCC Clause 48. Price escalation may be allowed inextraordinary circumstances as may be determined by the NationalEconomic and Development Authority in accordance with the Civil Code ofthe Philippines, and upon the recommendation of the Procuring Entity.Furthermore, in cases where the cost of the awarded contract is affected byany applicable new laws, ordinances, regulations, or other acts of the GOP,promulgated after the date of bid opening, a contract price adjustment shallbe made or appropriate relief shall be applied on a no loss-no gain basis.16. Bid Currencies16.1. All bid prices shall be quoted in Philippine Pesos unless otherwise providedin the BDS. However, for purposes of bid evaluation, bids denominated inforeign currencies shall be converted to Philippine currency based on theexchange rate prevailing on the day of the Bid opening.16.2. If so allowed in accordance with ITB Clause 16.1, the Procuring Entity forpurposes of bid evaluation and comparing the bid prices will convert theamounts in various currencies in which the bid price is expressed toPhilippine Pesos at the exchange rate as published in the BSP reference ratebulletin on the day of the bid opening.16.3. Unless otherwise specified in the BDS, payment of the contract price shallbe made in Philippine Pesos.17. Bid Validity17.1. Bids shall remain valid for the period specified in the BDS which shall notexceed one hundred twenty (120) calendar days from the date of the openingof bids.17.2. In exceptional circumstances, prior to the expiration of the bid validityperiod, the Procuring Entity may request Bidders to extend the period ofvalidity of their bids. The request and the responses shall be made in writing.The bid security described in ITB Clause 18 should also be extendedcorresponding to the extension of the bid validity period at the least. ABidder may refuse the request without forfeiting its bid security, but his bidshall no longer be considered for further evaluation and award. A Biddergranting the request shall not be required or permitted to modify its bid.18. Bid Security24
18.1. The bid security in the amount stated in the BDS shall be equal to thepercentage of the ABC in accordance with the following schedule:Form of Bid Security(a) Cash or cashier’s/manager’scheck issued by a Universal orCommercial Bank.(b) Bank draft/guarantee orirrevocable letter of credit issuedby a Universal or CommercialBank: Provided, however, that itshall be confirmed orauthenticated by a Universal orCommercial Bank, if issued by aforeign bank.(c) Surety bond callable upondemand issued by a surety orinsurance company duly certifiedby the Insurance Commission asauthorized to issue such security;and/or(d) Any combination of theforegoing.Amount of Bid Security(Equal to Percentage of the ABC)Two percent (2%)Five percent (5%)Proportionate to share of formwith respect to total amount ofsecurityFor biddings conducted by local government units, the Bidder may also submitbid securities in the form of cashier’s/manager’s check, bank draft/guarantee,or irrevocable letter of credit from other banks certified by the BSP asauthorized to issue such financial statement.18.2. The bid security should be valid for the period specified in the BDS. Anybid not accompanied by an acceptable bid security shall be rejected by theProcuring Entity as non-responsive.18.3. No bid securities shall be returned to bidders after the opening of bids andbefore contract signing, except to those that failed or declared as postdisqualified,upon submission of a written waiver of their right to file amotion for reconsideration and/or protest. Without prejudice on itsforfeiture, Bid Securities shall be returned only after the bidder with theLowest Calculated Responsive Bid has signed the contract and furnished thePerformance Security, but in no case later than the expiration of the BidSecurity validity period indicated in ITB Clause 18.2.18.4. Upon signing and execution of the contract, pursuant to ITB Clause 31, andthe posting of the performance security, pursuant to ITB Clause 32, thesuccessful Bidder’s Bid security will be discharged, but in no case later thanthe Bid security validity period as indicated in ITB Clause 18.2.18.5. The bid security may be forfeited:25
Page 1 and 2: PHILIPPINE BIDDING DOCUMENTS(As Har
Page 3 and 4: (c)(d)(e)This Preface and the footn
Page 5 and 6: Section I. Invitation to BidNotes o
Page 7 and 8: It may also be downloaded free of c
Page 9 and 10: TABLE OF CONTENTSA. GENERAL .......
Page 11 and 12: 29. Dayworks.......................
Page 13 and 14: Procuring Entity, designed to estab
Page 15 and 16: (a)(b)(c)(d)If the Bidder is an ind
Page 17 and 18: 6.1. The Bidder or its duly authori
Page 19 and 20: 9. Pre-Bid Conferencesubcontractor
Page 21 and 22: (iii.6) contractor’s role (whethe
Page 23: 14. Alternative Bidsas well as prev
Page 27 and 28: 19. Format and Signing of Bids19.1.
Page 29 and 30: 23.4. No bid may be modified after
Page 31 and 32: (a)(b)The detailed evaluation of th
Page 33 and 34: een a change in the Bidder’s capa
Page 35 and 36: (a)(b)(c)(d)(e)(f)(g)Contract Agree
Page 37 and 38: Section III. Bid Data SheetNotes on
Page 39 and 40: updated file of his Class “A” D
Page 41 and 42: Section IV. General Conditions of C
Page 43 and 44: 30. CONTRACT AWARD ................
Page 45 and 46: 1. DefinitionsFor purposes of this
Page 47 and 48: 1.27. The Start Date, as specified
Page 49 and 50: Contractor shall ensure that the pe
Page 51 and 52: Contract, the Procuring Entity shal
Page 53 and 54: credit shall be confirmed orauthent
Page 55 and 56: and third parties, and/or order the
Page 57 and 58: (b)(c)(d)(e)(f)(g)(h)The Procuring
Page 59 and 60: the notice had been completed, deli
Page 61 and 62: 20.3. If the event continues for a
Page 63 and 64: additional costs. No payment shall
Page 65 and 66: 32. Management Conferences32.1. Eit
Page 67 and 68: 39. Advance Payment39.1. The Procur
Page 69 and 70: demand, of amounts equivalent to th
Page 71 and 72: 44. Contract CompletionOnce the pro
Page 73 and 74: negligence of Contractor to provide
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Section V. Special Conditions of Co
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7.4(c)No further instructions.7.7 N
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Procuring Entity’s Representative
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TECHNICAL SPECIFICATIONSImprovement
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Section VII. DrawingsList of Drawin
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Bill of Quantities as a particular
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Bid FormDate: _____________________
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Form of Contract AgreementTHIS AGRE
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Omnibus Sworn StatementREPUBLIC OF
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Improvement of FPA Laboratory - Fertilizer and Pesticide Authority

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