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PHILIPPINE POSTAL CORPORATION Bureau, Agency or Office RFQ# 094052305May23(Canvass Number)(Date) REQUEST FOR QUOTATION(Name of Dealer)(Address) Gentlemen: The Philippine Postal Corporation through

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How to fill out bids and awards committee

01

Attend orientation seminar for Bids and Awards Committee (BAC) members.

02

Study the Implementing Rules and Regulations (IRR) of Republic Act 9184 or the Government Procurement Reform Act.

03

Prepare and review the bidding documents including invitation to bid, terms of reference, instructions to bidders, and eligibility requirements.

04

Conduct pre-bid conference to clarify concerns and issues raised by prospective bidders.

05

Receive and open bids during bid submission deadline.

06

Evaluate and analyze bids based on established criteria.

07

Recommend award to the lowest calculated and responsive bidder.

08

Document and record all proceedings and decisions made by the BAC.

Who needs bids and awards committee?

01

Government agencies or entities that are mandated to procure goods, services, or infrastructure projects through competitive bidding process.

02

Private organizations or companies that are implementing procurement policies based on government procurement rules and regulations.

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What is bids and awards committee?

The Bids and Awards Committee (BAC) is a formal group established by an organization to oversee and manage the procurement process for goods and services. It is responsible for evaluating bids, conducting discussions, and awarding contracts based on set criteria.

Who is required to file bids and awards committee?

Organizations and entities that participate in public procurement, including government agencies and private sector bidders, are typically required to file with the Bids and Awards Committee.

How to fill out bids and awards committee?

To fill out the Bids and Awards Committee forms, stakeholders should provide all relevant information including the scope of the project, specifications, bidding requirements, and proposed timelines, following the established guidelines set by the committee.

What is the purpose of bids and awards committee?

The purpose of the Bids and Awards Committee is to ensure a fair and transparent procurement process, safeguard public funds, and promote competition among suppliers while ensuring compliance with legal and regulatory standards.

What information must be reported on bids and awards committee?

Information that must be reported includes details of the procurement process, bidder qualifications, bid evaluations, award decisions, and any discrepancies or issues encountered during the process.

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