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UNIVERSITY OF THE PHILIPPINES VISAYAS BIDS AND AWARDS COMMITTEE Iloilo CityINVITATION TO BID / REQUEST FOR EXPRESSION OF INTEREST2022 005 The UNIVERSITY OF THE PHILIPPINES VISAYAS, through its Bids
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Gather all the necessary documents and information needed to fill out the bids and awards committee form.
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Start by providing the basic information such as the name of the organization and the address.
03
Indicate the purpose of the committee and its objectives.
04
Specify the composition of the committee, including the names and positions of the members.
05
Include the roles and responsibilities of each committee member.
06
Clearly state the criteria and qualification requirements for vendors or suppliers.
07
Provide detailed instructions on how potential bidders can submit their proposals.
08
Specify the process of evaluating bids and awarding contracts.
09
Clearly define the timeline for the bidding process and the dates for important milestones.
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Finally, review the filled-out form for any errors or missing information before submitting it.

Who needs bids and awards committee?

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Public and private organizations that engage in procurement activities.
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Government agencies, departments, and local government units.
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Businesses and enterprises that need to acquire goods, services, or undertake projects through a bidding process.
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The Bids and Awards Committee (BAC) is a group of individuals established by an organization to oversee the procurement process, ensuring fairness, transparency, and compliance with legal requirements during the bidding process for contracts.
Government agencies and certain organizations involved in public procurement are required to file documents related to the Bids and Awards Committee as mandated by procurement laws and regulations.
To fill out bids and awards committee forms, stakeholders must provide necessary details such as the project description, bidders' information, bid amounts, evaluation criteria, and outcomes of the bidding process, ensuring accuracy and completeness.
The purpose of the Bids and Awards Committee is to ensure that the procurement process is conducted in a fair and competitive manner, to promote transparency, accountability, and to obtain the best value for public funds.
Information to be reported includes details of the bidders, bid prices, evaluation results, contracts awarded, and any other relevant documentation that reflects the procurement process.
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