INVITATION TO BID FOR THE
PROCUREMENT OF TWO (2) INDEPENDENT APPRAISERS
FOR THE VALUATION OF PNR AIR RIGHTS
(ITB No. HGC-BAC-2017-006G)

1. The HOME GUARANTY CORPORATION, through the CORPORATE OPERATING BUDGET for 2017 intends to apply the sum of FIVE HUNDRED SIXTY THOUSAND PESOS (P560,000.00), INCLUSIVE OF VALUE ADDED TAX (12%), being the Approved Budget for the Contract (ABC) for the PROCUREMENT OF TWO (2) INDEPENDENT APPRAISERS FOR THE VALUATION OF PNR AIR RIGHTS. Bids received in excess of the ABC shall be automatically rejected at bid opening.
   
   
2. The HOME GUARANTY CORPORATION now invites bids for the PROCUREMENT OF TWO (2) INDEPENDENT APPRAISERS FOR THE VALUATION OF PNR AIR RIGHTS. Delivery of the goods is required THIRTY (30) WORKING DAYS FROM RECEIPT OF NOTICE OF AWARD. Bidders should have provided APPRAISALS similar to the Project in the last two (2) years. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II Instructions to Bidders.
   
   
3. Bidding will be conducted through open competitive bidding procedures using a non-discretionary “pass/fail” criterion as specified in the 2016 Revised Implementing Rules and Regulations (IRR) of Republic Act (RA) 9184, otherwise known as the “Government Procurement Reform Act”.
   
   Bidding is restricted to Filipino citizens, sole proprietorships, partnerships, corporations or organizations with at least sixty percent (60%) interest or outstanding capital stock belonging to citizens of the Philippines, and to citizens or organizations of a country the laws or regulations of which grant similar rights or privileges to Filipino citizens, pursuant to RA 5183.
   
   
4. Interested bidders may obtain further information from HOME GUARANTY CORPORATION and inspect the Bidding Documents at the address given below from 9:00 A.M. to 5:00 P.M.
   
   
5. A complete set of Bidding Documents may be acquired by interested Bidders on OCTOBER 11, 2017 from the address below and upon payment of nonrefundable fee of FIVE HUNDRED PESOS (P500.00) for the Bidding Documents, pursuant to the 2016 Revised Implementing Rules and Regulations (IRR) of Republic Act (RA) 9184 issued by the GPPB.
   
   The Philippine Bidding Documents may also be downloaded free of charge from the website of the Philippine Government Electronic Procurement System (PhilGEPS) and the website of HOME GUARANTY CORPORATION, provided that Bidders shall pay the applicable fee for the Bidding Documents not later than the submission of their bids.
   
   
6. The HOME GUARANTY CORPORATION will hold a Pre-Bid Conference for all prospective bidders on OCTOBER 25, 2017, 2:00 P.M. at the HGC CONFERENCE ROOM, 3rd Floor, Jade Bldg., 335 Sen. Gil Puyat Ave., Makati City.
   
   
7. Bids must be duly received by the BAC Secretariat at the Lobby, 3rd Floor, Jade Bldg., 335 Sen. Gil Puyat Ave., Makati City on or before NOVEMBER 6, 2017, 2:00 P.M.. All Bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in ITB Clause 18.
   

   Bid opening shall be on NOVEMBER 6, 2017 at 2:15 P.M. at HGC CONFERENCE ROOM, 3rd Floor, Jade Bldg., 335 Sen. Gil Puyat Ave., Makati City. Bids will be opened in the presence of the bidders’ representatives who choose to attend. Late bids shall not be accepted.

8. The HOME GUARANTY CORPORATION reserves the right to reject any and all bids, declare a failure of bidding, or not award the contract at any time prior to contract award in accordance with Section 41 of RA 9184 and its IRR, without thereby incurring any liability to the affected bidder or bidders.
   
   
9. For further information, please call or e-mail:
   TERESITO CAYO A. BUTARDO
   Bids and Awards Committee - Secretariat
   3rd Floor, Jade Bldg., 335 Sen. Gil Puyat Ave.
   Makati City 1200
   897-3531/ 890-4534
   tito-butardo@hgc.gov.ph