Invitation to Bid

Construction/Renovation of FICOBANK Tabuk City and Ilagan City Branch Offices

1. First Isabela Cooperative Bank (FICOBANK) will construct/renovate TWO (2) Branch Offices particularly in the Cities of Tabuk, Kalinga and Ilagan, Isabela.

2. FICOBANK now invites bids for the said projects with Approved Budgets for the Contract (ABCs) of ₱2,500,000.00 for the Tabuk Project and ₱1,600,000.00 for the Ilagan Project. Bids received in excess of the ABC shall be automatically rejected at bid opening.

3. Only qualified bidders having at least FIVE (5) year experience in building construction and with existing business permits and clearances from different government agencies, shall be allowed to participate.

4. Bidding shall be done thru the submission of a closed/sealed bid not later than the deadline for the submission of the same as provided below.

5.5. A complete set of Bid Documents may be purchased by interested Bidders from the Office of the Bid and Awards (BAC) Secretariat, 2nd Floor FICOBank Corporate Office Building Barangay Minante I, Cauayan City, Isabela from 9:00AM to 5:00PM Monday to Friday starting November 20, 2018 (Tuesday), upon payment of Php5,000.00 non-refundable fee for each project.

6. Bids must be delivered personally to the Office of the Bids and Awards Secretariat at FICOBank Corporate Office Building, Minante I, Cauayan City, Isabela on or before December 3, 2018 (Monday) at 12:00nn. Late bids shall not be accepted.

7. The following are the calendar of activities:

Activities Date and Time Venue
            Issuance of Bidding Documents
             and Submission of Letter of Intent
            Daily from November 20 to
            29, 2018 from 9:00a.m. to 5:00pm                     

Office of the BAC Secretariat, BOD Office
2nd Floor FICOBank Corporate Office Building
Barangay Minante I, Cauayan City, Isabela
            Pre-Bidding Conference             November 26,2018 at 9:00a.m.
BOD Office, 2nd Floor FICOBank Corporate
Office Building, Barangay Minante I, Cauayan City, Isabela
            Last Day of Submission of Sealed             Bids             December 3, 2018 at 12:00nn
Office of the BAC Secretariat, BOD Office
2nd Floor FICOBank Corporate Office Building
Barangay Minante I, Cauayan City, Isabela
            Opening and Evaluation of Bidders             December 3, 2018
Office of the BAC Secretariat, BOD Office
2nd Floor FICOBank Corporate Office Building
Barangay Minante I, Cauayan City, Isabela

            Approval and Awarding
            of Winning Bidder

            

To be communicated later

            Notice of Winning Bidder

            

To be communicated later

8. The FICOBANK – Bids and Awards Committee reserves the right to accept or reject any bid, to annul the bidding process, and to reject all bids at any time prior to the contract award, without thereby incurring any liability to the affected bidder/s.

For further information, please refer to:

Secretariat, Bids and Awards Committee
2nd Floor FICOBank Corporate Office Building
Minante I, Cauayan City, Isabela
Tel. Nos. (078) 307-3364/307-2675/307-0051
Email address: oop@ficobank.com

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