BAC Resolution Declaring LCRB and Recommending Approval

RESOLUTION NO. 072

WHEREAS, the Municipality of Miagao has advertised the Invitation to Bid for the Supply and Delivery of Various Materials and Supplies for the Construction of Covered Court, Brgy. Ubos Ilaya,  Municipality of Miagao, Iloilo in the G-EPS, website, newsletter and in three (3) conspicuous places at the premises of the Municipality of Miagao  for more than 7 days;

WHEREAS, in response to the said advertisements, two (2) suppliers purchased bid documents;

WHEREAS, two (2) bids were submitted on July 25, 2011 of two (2) eligible bidders of the Municipality;

WHEREAS, the bid proposal of the bidder was found to be substantially complying:

Name of Bidder

Bid Amount
(As Read)

% Variance from ABC

  1. Topmost Development and Marketing Corporation

P 345,412.50

96.29%

  1. Iloilo City Hardware Inc.

P 350,608.00

97.74%

WHEREAS, the detailed evaluation of bids conducted last February 24, 2011 resulted in the following:

Name of Bidder

Bid Amount (As Calculated)

% Variance from ABC

  1. Topmost Development and Marketing Corporation

P 345,412.50

96.29%

  1. Iloilo City Hardware Inc.

P 350,608.00

97.74%

WHEREAS, upon careful examination, validation and verification of all the eligibility, technical and financial requirements submitted by the Bidder with the Lowest Calculated Bid, its bid has been found to be responsive;

NOW, THEREFORE, We, the Members of the Bids and Awards Committee, hereby RESOLVE as it is hereby RESOLVED:

  1. To declare TOPMOST DEVELOPMENT AND MARKETING CORPORATION with the Lowest Calculated and Responsive Bid for the Supply and Delivery of Various Materials and Supplies for the Construction of Covered Court, Brgy. Ubos Ilaya, Municipality of Miagao, Iloilo;

To recommend for approval by the Municipal Mayor of the Municipality of Miagao the foregoing findings.

RESOLVED, at the Conference Room of the Municipal Building, this 8th day of August 2011.