PURCHASE OF MEDICAL, DENTAL & LABORATORY SUPPLIES - ECE MARKETING

Parent Category: BIDS AND AWARDS Category: NOTICE OF AWARD
Republic of the Philippines
Province of Davao del Norte
Island Garden City of Samal
 
OFFICE OF THE CITY MAYOR



June 7, 2016


The Manager
ECE MARKETING
Ecoland Subdivision, Davao City
 
NOTICE OF AWARD
 
SIR/MADAAM:
 
Pursuant to the Resolution of Award by the BAC-IGaCoS, the contract for the project:  Purchase of MEDICAL, DENTAL & LABORATORY SUPPLIES under consolidated PR# 2016-03-0516 et al. with an ABC of THREE HUNDRED ELEVEN THOUSAND FIVE HUNDRED SEVENTY THREE PESOS ONLY. (Php 311,573.00) is awarded to your company based on your bid quotation in the amount of THREE HUNDRED NINE THOUSAND EIGHT HUNDRED TWENTY TWO PESOS & 50/100 ONLY.. (Php 309,822.50) to be completed within ten (10) calendar days and shall be executed in accordance with the item specifications on the project set by the Implementing Agency and in conformity with IRR of Republic Act 9184 known as “Government Procurement Reform Act”.
 
In order to facilitate the processing of the contract documents/Purchase Order, you are hereby required to post performance security in any of the following form listed below not later than ten (10) days from receipt hereof.
 
    1. Cash, certified check, cashier’s check, manager’s check, bank draft or irrevocable letter of credit equivalent to Five Percent (5%) of the Total Contract Price or Php 15,491.12
    2. Bank draft/Guarantee, or irrevocable letter 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, Five Percent (5%) of the Total Contract Price or Php 15,491.12
    3. Surety Bond callable upon demand issued by a surety or insurance company duly certified by the insurance commission as authorized to issue such security equivalent to Thirty Percent (30%) of the total contract price or (P 92,946.75)
Non-posting of the required Performance Security within the prescribed days shall be a ground for the forfeiture of your Bid Security Bond and awarding of the herein contract to the second lowest bidder subject to the evaluation of the BAC.
 
Please signify your acceptance of the award by affixing your signature below.


 
Very Truly Yours,


 
AL DAVID T. UY
City Mayor
Conformed:
__________________
Contractor
Date: ____________ OR # and Date: ____________
Amount : Php ________
Issued at : _____________