BAC Resolution Declaring LCRB and Recommending Approval
RESOLUTION NO. 074
WHEREAS, the Municipality of Miagao has advertised the Invitation to Bid for the Supply and Delivery of Asphalt for the Asphalt Overlay of Noble Street, Miagao, Iloilo in the G-EPS, website, newsletter and in three (3) conspicuous places at the premises of the Municipality of Miagao for more than 7 days;
WHEREAS, in response to the said advertisements, two (2) suppliers purchased bid documents;
WHEREAS, two (2) bids were submitted on July 12, 2012 of two (2) eligible bidders of the Municipality;
WHEREAS, the bid proposal of the bidder was found to be substantially complying:
| Name of Bidder | Bid Amount (As Read) |
% Variance from ABC |
| CastleRock Asphalt Corporation | P 361,995.00 | 98.10% |
| Iloilo City Hardware Inc. | P 332,700.00 | 90.16% |
WHEREAS, the detailed evaluation of bids conducted last July 16, 2012 resulted in the following:
| Name of Bidder | Bid Amount (As Calculated) | % Variance from ABC |
| CastleRock Asphalt Corporation | P 361,995.00 | 98.10% |
| Iloilo City Hardware Inc. | P 332,700.00 | 90.16% |
WHEREAS, upon careful examination, validation and verification of all the eligibility, technical and financial requirements submitted by the Bidder with the Lowest Calculated Bid, its bid has been found to be responsive;
NOW, THEREFORE, We, the Members of the Bids and Awards Committee, hereby RESOLVE as it is hereby RESOLVED:
- To declare ILOILO CITY HARDWARE INC. with the Lowest Calculated and Responsive Bid for the Supply and Delivery of Asphalt for the Asphalt Overlay of Noble Street, Miagao, Iloilo;
- To recommend for approval by the Municipal Mayor of the Municipality of Miagao the foregoing findings.
RESOLVED, at the Conference Room of the Municipal Building, this 18th day of July, 2012