INVITATION TO BID
PUBLICATION DATE: SEPTEMBER 7, 2023
(BAC CONTROL NO. BAC-ITB-2023-013R)
The Misamis Oriental-1 Rural Electric Service Cooperative, Inc. (MORESCO-1), through its Bids & Awards Committee (BAC) hereby invites interested and eligible bidders to bid for the MORESCO-1 2024 PROPERTY INSURANCE- REPUBLICATION with the following details:
PROJECT TITLE: MORESCO – I 2024 PROPERTY INSURANCE
SPECIFICATIONS: FIRE: COMMERCIAL (See TOR/BID DOCS for details)
Property Coverage: Substations, Modular Gensets, Buildings, Inventories and Equipment
Risk Coverage: Fire, Storm, Flood, Earthquake, Burglary, Robbery & Vandalism
DELIVERY PERIOD: December 31, 2023
DELIVERY SITE/AREA: MORESCO-1 Warehouse, Laguindingan, Misamis Oriental
QUANTITY: 1 LOT
UNIT PRICE: P3,500,000.00
ABC (VAT Inclusive) : P3,500,000.00
BID FEE (Non-Refundable): P5,000.00
SOURCE OF FUND: COB 2024
DELIVERY PERIOD: December 31, 2023
DELIVERY SITE/AREA: MORESCO-1 Warehouse, Laguindingan, Misamis Oriental
Please find below Calendar of Activities for the said bidding:
ISSUANCE OF BID DOCUMENTS SEP 7 – OCT 2, 2023 | 8:00AM-5PM UNTIL BEFORE THE BID OPENING STARTS BAC SECRETARIAT OFFICE, OFFICE OF THE GENERAL MANAGER MORESCO 1, MAIN OFFICE
PRE-BIDDING CONFERENCE SEP 18, 2023 | 1:30PM MORESCO 1 MAIN OFFICE LAGUINDINGAN, MIS.OR. OR VIA ZOOM
OPENING OF BIDS OCT 2, 2023 | 10:30AM MORESCO 1 MAIN OFFICE LAGUINDINGAN, MIS.OR. or VIA ZOOM
BAC EVALUATION OCT 2, 2023 | BAC
POST QUALIFICATION OCT 2-6 2023 | BAC
NOTICE OF AWARD LAST WEEK OF OCTOBER 2023 BAC, MANAGEMENT
The scope of technical requirements or specifications are outlined in the Bid Documents to be provided to all interested bidders upon application addressed to the Chairman of Bids and Awards Committee and payment of the corresponding bid fee as stated above.
The project shall be bid in accordance with the provisions of R.A. 10531.
Attendees to the pre-bid conference are only the prospective bidders who have bought bid documents, or their authorized representative (duly notarized).
Bidders shall submit samples as required by the BAC with proper labelling.
Bid Security must be 2% of the Approved Budget of the Contract (ABC) in the form of cash, cashier’s check or manager’s check and Bank Guarantee only.
MORESCO-1 hereby reserves the right to waive any formality in the responses, accepts or rejects any bid, to annul the bidding process, and to reject all bids at any time prior to contract award, without thereby incurring any liability to the affected bidder or party.
For queries, please contact the BAC Secretariat (0917-720-0893), look for Ms. Cinderella A. Eballe or email us at bac@moresco1.com
(SGD) JONI JANE F. CABANTAC, REE Chairperson, BAC
Approved by:
(SGD) JOVEL B. UBAY-UBAY, PEE General Manager
