MINUTES OF THE BIDDING

 

Present were:

Tomasa Arlene N. Nufuar

Chairman

Jane N. Valenzuela

Member

Engr. Diosdado F. Facon
Larry F. Munion

Member
Member

John F. Nocal

Member

Arjane Polido

NGO Representative

 Engr. Franco Carlo Monteclaro
Valsermar Cernan Faicol

TWG Head
TWG Member

Cheryl M. Notorio

Head,  Secretariat

Jennifer T. Frigillano

Secretariat Member

Rey F. Nacisvalencia

Secretariat Member

Stephanie Espinosa

Representative of CHEDMARYL Construction and Supplies

Gina Bañes

Representative of Iloilo City Hardware Inc.

Gemma Suñe

Representative of Topmost Development and Marketing Corp.

 

  1. Business Matters:

The Bidding for the Supply and Delivery of various materials and supplies for the Improvement of Emergency Clinic, Birthing Center, Miagao, Iloilo was called to order at 3:02 p.m. of September 10, 2012 at the Conference Room of the Municipal Building and was presided by the BAC Chairman Tomasa Arlene N. Nufuar. The roll was called and declared a quorum.

 

  1. Eligibility Check:

All suppliers are eligible bidders 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 2,220.40

  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 5,551.00

  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. CHEDMARYL Construction and Supplies

Bank Guarantee

RCBC Savings Bank

No. BG0692012-120

 

P 5,000.00

 

P 77,184.00

  1. Topmost Development and Marketing Corporation

Bidder’s Bond

Stronghold Insurance Co., Inc.

Bond No. G (2) 3503131

Valid for 120cd from 9/10/12

P 20,000.00

P 88,690.00

  1. Iloilo City Hardware Inc.

Manager’s Check

China Bank

No. 0000012159

Dtd. 9/4/12

P 2,220.40

P 93,338.70

 

B. Approved Budget for the Contract (ABC) – P 111,020.00

 

Bid Security submitted by Topmost Development and Marketing Corp. and CHEDMARYL Construction and Supplies were put on file. Manager’s Check submitted by Iloilo City Hardware Inc. was deposited at the Municipal Treasurer’s Office. Officials Receipt was issued to its 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 3:15 p.m.