While the requirements for this step in the procurement process are similar for options 1 and 2, the simultaneous submission of prequalification requirements with the technical and financial proposals shortens the timeline for the tendering, submission and receipt of bids. Table 2-18 presents the tendering, submission, and receipt of bids process vis-à-vis the responsible party and period of action.
Table 2-18: Tendering, Submission and Receipt of Bids Process for Solicited Proposals (Option 2) | ||
Process | Responsible Party | Period of Action |
Publish invitation to prequalify and bid | Once every week for 3 consecutive weeks in at least 2 newspapers of general circulation and in at least 1 local newspaper of general circulation in the region, province, city, or municipality | |
Submit qualification documents and bid proposals | Bidder | Within 90 cd from last date of publication |
Submit qualification documents and bid proposals for projects costing above PhP300M | Bidder | Within 120 cd from last date of publication |
Pre-bid conference for projects costing < PhP300M | At least 30 cd before bid submission | |
Pre-bid conference for projects costing PhP300M up | 60 to 120 cd before bid submission | |
Note: cd - Calendar Days