The process culminates at the awarding of contract to the best complying bid.
[...] In the event that a comparative proponent submits a price proposal better than that submitted by the original proponent, the latter shall have the right to match such price proposal within thirty (30) working days from receipt of a notification from the Agency/LGU of the result of the comparative or competitive bid. Should the original proponent fail to match the price proposal of the comparative proponent within the specified period, the contract shall be awarded to the comparative proponent. On the other hand, if the original proponent matches the price proposal of the comparative proponent within the specified period, the project shall immediately be awarded to the original proponent (Section 10.1.c, RA 7718 - IRR).
The winning proponent must be able to meet all contractual conditions and requirements prior to the commencement of project implementation. The award of contract process is discussed in Rule 11, Sections 11.1 to 11.3 of the RA 7718 IRR, summarized in Table 2.21.