Latest topics
» No Objection Letter
Sat Dec 16, 2017 5:21 pm by zeph03

» CATERING SERVICES FOR CONGRESSIONAL MEET AT SAGBAYAN, BOHOL
Thu Dec 14, 2017 7:14 pm by btorres4

» PURCHASE OF FERTILIZERS FOR LIVESTOCK, CORN, HVCDP, INLAND FISHERY, AND ORGANIC PROGRAM
Thu Dec 14, 2017 4:35 pm by btorres4

» Newspaper Publication
Thu Dec 14, 2017 4:10 pm by btorres4

» RENTAL OF LIGHTS AND SOUND SYSTEM
Thu Dec 14, 2017 3:46 pm by btorres4

» Newspaper Publication
Wed Dec 13, 2017 9:50 pm by btorres4

» PURCHASE OF OTHER SUPPLIES FOR SB OFFICE
Wed Dec 13, 2017 4:51 pm by btorres4

» PURCHASE OF RICE FOR FOOD SUPPLIES OF PEACE & ORDER CAMPAIGN
Wed Dec 13, 2017 3:19 pm by btorres4

» Expired Tax Clearance during payment
Wed Dec 13, 2017 3:11 pm by vallemaco6224

» PURCHASE OF MEDICINE FOR MHO
Wed Dec 13, 2017 2:53 pm by btorres4


NFCC or CLC

View previous topic View next topic Go down

NFCC or CLC

Post by jinki_224 on Fri Sep 09, 2011 3:15 pm

good pm,

itatanong ko lang po ung tungkol sa 10% of the ABC na idedeposit sa account ng procuring entity, parang un ang mgiging waranty na ung dealer eh tutupad sa contract..ito na po ba ung pumalit sa NFCC?saan ko po kaya mkikita ung ruling na un para ma-cite ko sa instruction to bidders?

thanks po!
avatar
jinki_224
Active Poster
Active Poster

Female Number of posts : 87
Company/Agency : Marinduque State College
Occupation/Designation : BAC Secretariat
Registration date : 2011-03-04

Back to top Go down

Re: NFCC or CLC

Post by fe a. araya on Fri Sep 09, 2011 7:18 pm

Jinki, perhaps you are referring to the Performance Warranty required from the winning bidder, but it is not 10% of the ABC, it should be 10% of the Contract Cost, for goods and infra. NFCC is one of the options of the prospective bidder when he submits his bid docs.

I am not really sure if deposit of the performance security to the account of the procuring entity is allowed. If we are to read Sec. 39.2 of the REvised IRR, there's no mention that the performance security shall be deposited to the account of the PE. What is stated is that PS shall be in the form of cash or cashier/manager's check, bank draft/guarantee or irrevocable ltr of credit aside from the option to submit Surety bond.

avatar
fe a. araya
Board Veteran
Board Veteran

Female Number of posts : 335
Company/Agency : DENR Region 5, Rawis, Legaspi City
Occupation/Designation : OIC, Adm. Division/BAC Secretariat
Registration date : 2009-08-20

Back to top Go down

Re: NFCC or CLC

Post by jinki_224 on Mon Sep 12, 2011 4:57 pm

ahh ok..so ung NFCC po eh as is lang xa na isa sa mga elgibility requirements?kase humihingi lang kmi ng performance security for projects amounting to 50k and above..
avatar
jinki_224
Active Poster
Active Poster

Female Number of posts : 87
Company/Agency : Marinduque State College
Occupation/Designation : BAC Secretariat
Registration date : 2011-03-04

Back to top Go down

Re: NFCC or CLC

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum