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Invitation to Bid for Money Remittance Services for Fy 2024 Tender, Philippines - 98188050

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DEPARTMENT OF LABOR AND EMPLOYMENT - REGION VIII has floated a tender for Invitation to Bid for Money Remittance Services for Fy 2024. The project location is Philippines and the tender is closing on 26 Mar 2024. The tender notice number is GF-TSSD-24-02-05, while the TOT Ref Number is 98188050. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Procurement Summary

Country : Philippines

Summary : Invitation to Bid for Money Remittance Services for Fy 2024

Deadline : 26 Mar 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 98188050

Document Ref. No. : GF-TSSD-24-02-05

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : PHP 5108900.00

Purchaser's Detail

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Tender Details

Tender are invited for INVITATION TO BID FOR MONEY REMITTANCE SERVICES FOR FY 2024

Procurement Mode : Public Bidding

Classification : Goods

Category : Financial and Insurance Services

Contract Duration : 0 Day/s

Budget for the Contract : PHP 5, 108, 900.00

Description : 1. The DEPARTMENT OF LABOR AND EMPLOYMENT REGIONAL OFFICE NO. VIII, through the GENERAL APPROPRIATIONS ACT OF 2024 intends to apply the sum of ₱5, 108, 900.00 being the ABC to payments under the contract for PROVISION OF MONEY REMITTANCE SERVICES FOR FY 2024 (GF-TSSD-24-02-05). Bids received in excess of the ABC shall be automatically rejected at bid opening.

2. The DEPARTMENT OF LABOR AND EMPLOYMENT REGIONAL OFFICE NO. VIII now invites bids for the above Procurement Project. Delivery of the Goods is required WITHIN 7 CALENDAR DAYS FROM RECEIPT OF THE NOTICE TO PROCEED. Bidders should have completed, within 2 YEARS from the date of submission and receipt of bids, a contract similar to the Project. 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) No. 9184.

a. Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or organizations with at least sixt...