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

Instructions to Bidders5.4. Unless otherwise provided in the BDS, the Bidder must have completed atleast one contract similar to the Project the value of which, adjusted to currentprices using the National Statistics Office consumer price index, must be atleast equivalent to a percentage of the ABC stated in the BDS.For this purpose, contracts similar to the Project shall be those described in theBDS, and completed within the relevant period stated in the Invitation to Bidand ITB Clause 12.1(a) (iii).5.5. Unless otherwise provided in the BDS, the Bidder must submit a computationof its Net Financial Contracting Capacity (NFCC) or a commitment from aUniversal or Commercial Bank to extend a credit line in its favor if awardedthe contract for this Project (CLC).The NFCC, computed using the following formula, must be at least equal tothe ABC to be bid:NFCC = [(Current assets minus current liabilities) (K)] minus the value ofall outstanding or uncompleted portions of the projects under ongoingcontracts, including awarded contracts yet to be started coinciding with thecontract for this Project.Where:K = 10 for a contract duration of one year or less, 15 for a contractduration of more than one year up to two years, and 20 for a contractduration of more than two years.The CLC must be at least equal to ten percent (10%) of the ABC for thisProject. If issued by a foreign bank, it shall be confirmed or authenticated by aUniversal or Commercial Bank. In the case of local government units (LGUs),the Bidder may also submit CLC from other banks certified by the BangkoSentral ng Pilipinas (BSP) as authorized to issue such financial instrument.6. Bidder’s Responsibilities6.1. The Bidder or its duly authorized representative shall submit a swornstatement in the form prescribed in Section VIII. Sample Forms as required inITB Clause 12.1 (b) (iii).6.2. The Bidder is responsible for the following:(a)(b)(c)(d)(e)Having taken steps to carefully examine all of the BiddingDocuments;Having acknowledged all conditions, local or otherwise, affecting theimplementation of the contract;Having made an estimate of the facilities available and needed for thecontract to be bid, if any; andHaving complied with its responsibility to inquire or secureSupplemental/Bid Bulletin(s) as provided under ITB Clause 10.3.Ensuring that it is not “blacklisted” or barred from bidding by the GOPor any of its agencies, offices, corporations, or LGUs, includingforeign government/foreign or international financing institution whoseblacklisting rules have been recognized by the GPPB;Page 4 of 40