7.2.1 Only the Financial Proposals of those bidders who passed the First Stage evaluation shall participate in the Second Stage of the bid evaluation process.
7.2.2 The second envelope evaluation shall involve the assessment and comparison of the financial proposals of the bidders, based on the parameters and criteria for evaluation of financial component of the bids provided by PBAC.
7.2.3 A Filipino project proponent who submits an equally advantageous bid with exactly the same price and technical specifications that are equally advantageous as that of a foreign project proponent shall be given preference.
7.2.4 The second stage of the bid evaluation shall be completed by the PBAC within 30 calendar days from the date the first stage is completed.