MINUTES OF THE BIDDING

 

Present were:

T. Arlene N. Nufuar

Chairman

Atty. Carmelo N. Nochete

Vice Chairman

Jane N. Valenzuela

Member

Engr. Diosdado F. Facon

Larry F. Munion

Member

Member

John F. Nocal

Engr. Franco Carlo Monteclaro

Valsermar Cernan Faicol

Member

TWG Head

TWG Member

Cheryl M. Notorio

Head,  Secretariat

Jennifer Frigillano

Rey Nacisvalencia

Secretariat Asst. Head

Secretariat Member

Madel Piñano

Representative of Iloilo City Hardware Inc.

 

  1. Business Matters:

The Bidding for the Supply and Delivery of Materials and Supplies for the Improvement of Roofing, Miagao Health Unit, Miagao, Iloilo was called to order at 3:24 p.m. of July 3, 2012 at the Conference Room of the Municipal Building and was presided by the BAC Chairman T. Arlene N. Nufuar. The roll was called and declared a quorum.

 

    1. Dropping of Bids: Only Iloilo City Hardware Inc. dropped its bid at 2:00 p.m.

 

  1. Eligibility Check:
    1. Iloilo City Hardware Inc. is an eligible bidder of the Municipality of Miagao.

 

Opening and Examination of Bids and Determination of Responsiveness

Reading of Bids and the Approved Budget for the Contract (ABC)

 

A. Required Bid Security

Form of Bid Security

Amount of Bid Security

 (Equal to Percentage of the ABC)

  1. Cash, cashier’s/manager’s check, bank draft / guarantee confirmed by a Universal or Commercial Bank.

 

 

two percent (2%)

 

P 3,724.70

  1. Irrevocable letter of credit issued by a Universal or Commercial Bank: Provided, however, that it shall be confirmed or authenticated by a Universal or Commercial Bank, if issued by a foreign bank.

 

  1. Surety Bond callable upon demand issued by a surety or insurance company duly certified by the Insurance Commission as authorized to issue such security.

 

five percent (5%)

 

  P 9,311.75

  1. Any combination of the foregoing.

 

Proportionate to share of form with respect to total amount of security.

 

 

Bidder’s Name

Name/Type of Bid Security

Amount of Bid Security

Amount of Bid as Read

  1. Iloilo City Hardware Inc.

Manager’s Check

# 0000012028

Dated 6/29/12

China Bank – Mabini, Iloilo

P 3,724.70

182,688.00

 

B. Approved Budget for the Contract (ABC) – P 186,235.00

 

Check submitted by Iloilo City Hardware Inc. was deposited at the Office of the Municipal Treasurer. Official receipt was issued to the representative.

 

The committee will again meet for the succeeding schedule of activities.

 

There having no other remaining topics for discussion, the bidding was adjourned at 3:35 p.m.

                                                                                                                                          

 

 

Prepared by:

 

CHERYL M. NOTORIO

Head, BAC Secretariat

 

 

Noted by:

T. ARLENE N. NUFUAR

BAC Chairman