A. General 1. Scope of Bid 2. Source of Funds 3. Corrupt, Fraudulent ...

16.3 No further instructions.17.1 Bids will be valid until 120 days from the date of bid opening.Instructions to Bidders18.1 The Bid security shall be in the following amount:FormsPercentage of the ABCa) Cash, cashier’s/manager’s check,b) Irrevocable letter of credit2% of the total ABC of the Lot(s) Bidded onc) Surety bond 5% of the total ABC of the Lot(s) Bidded ond) Any combination of the foregoing. Proportionate to share of form withrespect to total amount of securitySample computation for Bid Security based on the percentage of the totalABC Bidded on:If Bid Security was “in Cash”LotsBidded onQTY ITEM(s) ABC(Approved Budget for Contract)D 8 units Monochrome Laser Jet Printer 200,000E 1 unit Portable Ink Jet 20,000Total ABC of Lots Bidded on 220,000x 2%Total BID SECURITY for Lots D & E (2% of ABC) P4,400The Bid Security must be placed inside the “Technical Proposal Envelope” as TabH and labeled as “Bid Security”. An O.R. shall be issued to the Bidder after thesaid envelope has been opened and acknowledged during Bidding.18.2 The bid security shall be valid for 120 days from bid opening.18.5 (a)(iv)and18.5(b)(iii)Additional grounds for forfeiture of the Bid Security:1. Submission of eligibility requirements and bid(s) that contain false information,falsified documents, or the concealment of information in the bids in order toinfluence the outcome of eligibility screening or any other stage of the publicbidding.2. Allowing the use of one’s name, or using the name of another for purposes ofpublic bidding.3. Refusal to accept an award, or enter into contract with the Government withoutjustifiable cause, after the Bidder had been adjudged to have the LowestCalculated Responsive Bid.4. Refusal to clarify or validate in writing its Bid during post-qualification withina period of seven (7) calendar days from receipt of the request for clarification.Page 23 of 40