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BIDS AND AWARDS COMMITTEE REQUEST FOR QUOTATION The Insurance Commission (IC), through its Bids and Awards Committee (BAC), invites all interested suppliers, which are registered in the Philippine

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How to fill out bids and awards committee

01

Familiarize yourself with the guidelines and procedures set by the government or organization for the Bids and Awards Committee (BAC) process.

02

Identify the projects or procurements that require the involvement of the BAC.

03

Form a team or committee with the appropriate members including a chairperson, secretariat, and members.

04

Schedule regular meetings to discuss and evaluate bids, proposals, and awards.

05

Follow the evaluation criteria set for the selection of suppliers or contractors.

06

Document all discussions, decisions, and recommendations made by the BAC.

07

Ensure transparency and fairness throughout the entire process.

08

Submit the final recommendations and awards to the authorized approving authority for endorsement.

Who needs bids and awards committee?

01

Government agencies

02

Public and private organizations

03

Companies engaging in public procurement projects

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What is bids and awards committee?

The Bids and awards committee is a group tasked with reviewing and evaluating submitted bids and proposals for government contracts.

Who is required to file bids and awards committee?

Government agencies and departments are required to file bids and awards committee for their procurement processes.

How to fill out bids and awards committee?

Bids and awards committee forms are typically filled out electronically or in hard copy, following the guidelines set by the government agency.

What is the purpose of bids and awards committee?

The purpose of bids and awards committee is to ensure transparency and fairness in the bidding process for government contracts.

What information must be reported on bids and awards committee?

Information such as bid prices, bidder qualifications, evaluation criteria, and award decisions must be reported on bids and awards committee.

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