eligibility requirement

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eligibility requirement

Post by candice on Mon Aug 03, 2009 11:31 pm

Does the submission of an audited financial statements mandatory? or can we forego with that requirement if the participating bidder has already submitted a cash deposit certificate, i.e. in liue of the computation for NFCC? Please shed light on this....
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Re: eligibility requirement

Post by engrjhez® on Mon Aug 03, 2009 11:42 pm

coyimperial wrote:Does the submission of an audited financial statements mandatory? or can we forego with that requirement if the participating bidder has already submitted a cash deposit certificate, i.e. in liue of the computation for NFCC? Please shed light on this....
Are we talking of the old or the new IRR? Please take note that in the old IRR, the Audited Financial Statement is part of the eligibility documents which has to be submitted separately with CDC/NFCC. Very Happy
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Re: eligibility requirement

Post by sunriser431 on Tue Aug 04, 2009 1:01 am

coyimperial wrote:Does the submission of an audited financial statements mandatory? or can we forego with that requirement if the participating bidder has already submitted a cash deposit certificate, i.e. in liue of the computation for NFCC? Please shed light on this....

For purpose of Discussion (Old IRR-GPRA)
In my opinion, depending upon the applicable scenario.
Scenario 1
For first time bidder, the submission of Audited financial statement is a requirement. it will serve as a basis for the computation of the NFCC of the prospective bidder.
Scenario 2
For second time bidder (same bidder in scenario 1, provided he pass the Eligibility requirements from previous biddings), the BAC will issue "Registration Certificate" and his "Class A documents" are complete, current and updated. So the submission of the Audited financial statement is no longer required,as far eligibility is concern. because BAC have them on file.
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Re: eligibility requirement

Post by RDV @ GP3i on Tue Aug 04, 2009 1:58 pm

coyimperial wrote:Does the submission of an audited financial statements mandatory? or can we forego with that requirement if the participating bidder has already submitted a cash deposit certificate, i.e. in liue of the computation for NFCC? Please shed light on this....

The submission is mandatory, it cannot be waived if a cash deposit certificate (which incidentally has been removed as an option to NFCC and credit line certificate in the revised IRR) is submitted. The AFS is a separate requirement.
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Re: eligibility requirement

Post by 007heran on Fri Dec 11, 2009 11:51 am

Scenario 2
For second time bidder (same bidder in scenario 1, provided he pass the Eligibility requirements from previous biddings), the BAC will issue "Registration Certificate" and his "Class A documents" are complete, current and updated. So the submission of the Audited financial statement is no longer required,as far eligibility is concern. because BAC have them on file.

Is this applicable to new IRR? Thanks...
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Re: eligibility requirement

Post by engrjhez® on Fri Dec 11, 2009 12:28 pm

007heran wrote:Scenario 2
For second time bidder (same bidder in scenario 1, provided he pass the Eligibility requirements from previous biddings), the BAC will issue "Registration Certificate" and his "Class A documents" are complete, current and updated. So the submission of the Audited financial statement is no longer required,as far eligibility is concern. because BAC have them on file.

Is this applicable to new IRR? Thanks...

The last two terms may not be completely satisfied. This means that the "Certification" previously issued in lieu of eligibility requirements under the old IRR (IRR-A) may not updated anymore. Further, if the AFS submitted was stamped 2008 (if the document is submitted by early January) you need to update it by submitting AFS stamped 2009. Other documents such as PCAB license (for infra) or DTI Reg. may also be expired after that time.

Of course it is still up to the BAC, thru the Secretariat if they have assessed that the previously submitted documents still are valid so that they a Certification under the Revised IRR. If that issued, it may be allowed on the basis of their assessment and checking. Very Happy
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Re: eligibility requirement

Post by 007heran on Fri Dec 11, 2009 3:12 pm

Do they (the second time bidder that passed our class A eligibility and has won our july 2009 contract of 2.5m) still need to write the BAC for them to issue the certification?

Thanks for a prompt reply sir.
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Re: eligibility requirement

Post by Guest on Fri Dec 11, 2009 3:25 pm

007heran wrote:Do they (the second time bidder that passed our class A eligibility and has won our july 2009 contract of 2.5m) still need to write the BAC for them to issue the certification?

Thanks for a prompt reply sir.

The certification is not automatically given, it is given upon request of a bidder.

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Re: eligibility requirement

Post by 007heran on Fri Dec 11, 2009 4:31 pm

WormaixJr wrote:
007heran wrote:Do they (the second time bidder that passed our class A eligibility and has won our july 2009 contract of 2.5m) still need to write the BAC for them to issue the certification?

Thanks for a prompt reply sir.

The certification is not automatically given, it is given upon request of a bidder.

wow! what a fast reply... Again, thank you guys! aaay, one more thing pa pala! what is the legal basis for issuing that certification? Advance thanks...
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Re: eligibility requirement

Post by Guest on Fri Dec 11, 2009 4:49 pm

Section 23.1 provides that for purposes of determining the eligibility of bidders using the criteria stated inSection 23.5 of this IRR, only the following documents shall be required by the BAC, using the forms prescribed in the Bidding Documents.

Failure of a bidder to submit all the documents provided in the rules and regulations will render such bidder ineligible.

YOU CANNOT SUBMIT A CERTIFICATION IN LIEU OF WHAT IS REQUIRED BY THE PROVISIONS OF THE IMPLEMENTING RULES AND REGULATIONS PART A OF RA 9184.

HOWEVER UNDER THE GENERAL PROCUREMENT MANUALS

A prospective bidder which had submitted “Class A” documents in written form to the registry of such documents maintained by the BAC of the Procuring Entity and had kept such documents current and updated can submit:

1. A certification from the BAC of the Procuring Entity that it has a complete set of
updated “Class A” documents on file with the BAC,
2. Its Class “B” documents, and
3. Its certification under oath that each of the documents submitted in satisfaction of the eligibility requirements is an authentic and original copy or a true and faithful reproduction or copy of the original, complete and that all statements and information provided therein are true and correct.

Please Read http://gppb.topicsolutions.net/comments-suggestions-and-complaints-f10/class-a-certification-of-eligibility-t555.htm#3884

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Re: eligibility requirement

Post by engrjhez® on Mon Dec 14, 2009 7:24 am

007heran wrote:
wow! what a fast reply... Again, thank you guys! aaay, one more thing pa pala! what is the legal basis for issuing that certification? Advance thanks...

Please refer to the following Sections of the Revised IRR:

23.4. To facilitate determination of eligibility, the BAC of a procuring entity may maintain a registry system using the PhilGEPS or its own manual or electronic system that allows submission and/or recording/entry of eligibility requirements simultaneously with registration.

23.4.1. The registry system shall contain the foregoing Class “A” documents which should be maintained current and updated by the bidder concerned at least once a year or more frequently when needed.

23.4.2. A bidder who maintains a current and updated file of his Class “A” Documents shall be issued a certification by the BAC to that effect, which certification may be submitted to the procuring entity concerned in lieu of the foregoing Class “A” documents.
x x x

Have a nice day! Very Happy
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