Can a supplier with negative NFCC eligible for negotiated 2-failure bidding

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Can a supplier with negative NFCC eligible for negotiated 2-failure bidding

Post by MM2013 on Thu Aug 28, 2014 1:41 pm

Hello, can anyone help me on the following case:

We conducted public bidding and declared a supplier not eligible due to non compliance with nfcc computation, their nfcc is negative since their current liabilities is bigger than their current assets.

Now, after two failed biddings, can they be included in the list of suppliers to be negotiated? is nfcc computation required in this type of procurement (Negotiated - 2 failed bidding)?
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Re: Can a supplier with negative NFCC eligible for negotiated 2-failure bidding

Post by Jovinal on Sat Aug 30, 2014 7:23 pm

No, because in Negotiated Procurement we have to consider again the eligibility of the suppliers as to their contracting capacity.
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Re: Can a supplier with negative NFCC eligible for negotiated 2-failure bidding

Post by regina avelino on Mon Sep 01, 2014 2:15 pm

during negotiation, the procuring entity must determine if the proponent is technically, financially and legally capable. the nfcc will provide information for the procuring entity the the proponent is financially capable, thus, I agree with sir jovinal.

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