ABSTRACT OF BIDS AS CALCULATED
Project Name |
Asphalt Overlay of Noble Street |
Sheet : ____________________________ |
Project Location |
Miagao, Iloilo |
Date : July 16, 2012 |
|
|
Time : _________________ |
Implementing Office |
: Office of the Municipal Engineer |
|
Approved Budget for the Contract |
: P 369,000.00 |
|
NAME OF BIDDERS |
|
BIDDER I |
BIDDER 2 |
BIDDER 3 |
BIDDER 4 |
BIDDER 5 |
|
CASTLEROCK ASPHALT CORPORATION |
ILOILO CITY HARDWARE INC. |
|
|
|
|
Total Amount of Bid |
P |
361,995.30 |
332,700.00 |
|
|
|
Form of Bid Security |
P |
Surety Bond |
Manager’s Check |
|
|
|
Bank/Company |
|
Sterling Insurance Co. Inc. |
China Bank |
|
|
|
Number |
|
516789 |
0000012063 |
|
|
|
Validity Period |
|
120 days |
Dtd. July 10, 2012 |
|
|
|
Bid Security Amount |
P |
18,450.00 |
7,380.00 |
|
|
|
Required Bid Security |
P |
9,311.75 |
7,380.00 |
|
|
|
Sufficient/Insufficient |
|
Sufficient |
Sufficient |
|
|
|
Remarks |
|
No correction |
No correction Lowest Calculated Bid |
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|
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