THE CHAIRMAN
Pre-qualification, Bids and Awards Committee
Name of Project______________
LGU Name___________________
Gentlemen:
In accordance with the Bidding Document for the construction of the <<Name of Project>> on a <<type of contractual arrangement>> Scheme for the <<LGU Name>> the undersigned, having been authorized, as evidenced by a Special Power of Attorney, appended hereto as Annex_______________, representing the bidder <<(Name of Bidder)>>,
a consortium whose members bind themselves together, a corporation/firm organized and existing under laws of______________, a partnership consisting of ____________________ with business address at______________________, hereby bids to undertake the <<Name of the Project>>
The Bidder also commits to undertake the Project in __________________ (_________) calendar days, reckoned from the Effectivity Date of the Agreement.
Further, the Bidder agrees, upon receipt of the written Notice of Award, to execute the Agreement.
Enclosed is the Bidder's Proposal Bond in the sum of_____________________________________ (Words and Figures; State in U.S. Dollars or Philippine Pesos at BSP rates prevailing five (5) days before bid opening date) in the form of_________ cash, _________ manager's check, _________ cashier's check, _____________ irrevocable standby letter of credit, callable on demand (Please check applicable form).
The BIDDER also agrees that if this bid proposal is accepted and the bidder fails to execute the Agreement within __________ calendar days from receipt of Notice of Award, the Proposal Bond accompanying this bid shall be forfeited in favor of "LGU" for such failure.
The bid shall be valid for no less than one hundred twenty (120) calendar days from the bid opening date.
The BIDDER warrants that no official or employees of the <<LGU Name>> has been employed or retained in the preparation of this Bid Proposal.