INVITATION TO BID
PUBLICATION DATE: AUG 4, 2023 & AUG 11, 2023
(BAC CONTROL NO. BAC-ITB-2023-007)
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 SALE AND REMOVAL OF MORESCO 1’s NON-PERFORMING SCRAP ASSETS 2022 with the following details:
BID FEE (Non-Refundable): 5,000.00
PAYMENT TERMS:
Upon receipt of NOA, the winning bidder shall be given only 15 working days in maximum to pay in full the winning bid amount and pick up all assets for disposal
Please find below Calendar of Activities for the said bidding:
| ACTIVITY | DATE | TIME | VENUE |
| ISSUANCE OF BID DOCUMENTS | AUG 4 – SEP 1, 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 | AUG 18, 2023 | 10:00AM | MORESCO 1 MAIN OFFICE, LAGUINDINGAN, MIS.OR. or VIA ZOOM |
| OPENING OF BIDS | SEP 1, 2023 | 1:30PM – 3:30PM | MORESCO 1 MAIN OFFICE, LAGUINDINGAN, MIS.OR. or VIA ZOOM |
| BAC EVALUATION | SEP 1, 2023 | BAC | |
| POST QUALIFICATION | SEP 2-4, 2023 | BAC | |
| NOTICE OF AWARD | 3RD WEEK OF SEP 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