I{OTICE OF AWARI)

(1)

Standard Form Number: SF-GOOD-49 Revised on: May 24,2AO4

Repubiic ol the Philippines BULACAN STATE

I]NIVERSITY

Cit)

of Malolos" Bulacan

OFFICE OF THE PRESIT}ENT

I{OTICE OF AWARI)

Decenrber

J ,202t

Mr. ERICK KRISTOFf,'ER L. IIAQUIOAG

As sis

tsnt

Yice President

for

^Marke

ting

PHILIPPINE BRITISH ASSURANCE COMPANY, INC.

Penthouse,

Morning

Star Center

Building,

347 Sen-

Gil

Puyat Ave. Ext.,

Makati City

Dear Sir:

We are happy to notify you that your Bid for the *PROCUREMENT OF STIIDEI{T PERSONAL MEIIICAL INST]RANCE AY. ^20?l-2A22 {G-2021-ll)", ^for ^the

^Confiact

Price

of One Million Six lfundred Twenty-Five Thousand Forty-Six

Pesos

and

50/100

(Php

11625,046.50),

as soffected and modified in

accordance

with the Instructions to

Bidders, is hereby accepted.

You

are hereby required to provide

within ten

⁽¹⁰⁾

calendar

davs the pertbrmance security

in any oi the foilorving

acceptable

fcrms. and ta

formall,v enter

into a

contract

rvith

the Bulacan State Universitv:

Borm

of

Performance Seeurity

Amount of Performance Security {Equal to

Percentage

of the total contract price)

a.

^Cash

or

cashier's/manager's check issued by a Universal or Commercial tsank.

Php 81.252.33 (5;o/0)

b" Bank

draftlguarantee

or

irrevocable letter

of credit issued by a Universal

or

Commercial Bank: Prrnitletl.

hou,ever, That

it

shall be confirmed or authenticated

by a lJniversal or Commercial Bank, if

issued by a {breign bar:k.

c.

^Suretvbond callable upon demand issued

by a surety or

insurance

company

duly

certified by the

Insurance Commission as authorized to issue such securitv.

Php 487,513.95

G0%)

Poge 7 oJ 2

(2)

Failure

to

submit

the

required Perfbrmance Security

within the

aforementioned prescribed period shall constitute

suilicient

^ground

for

cancellation

r:f the

award,

forfeiture of

the

bid security, and imposition of administrative penalty provided for under

Section

69 of

the Revised Implementing Rules and Regulations

(IRR) of Republic Act (RA) no.9184,

also knoq,n as the Govenrment Procmement Reform z\ct.

Very truly ^yours,

ca'Yaq'u-:

CECILIA

N.

GASCON,

President

W

Conforme:

PHILIPPINE BRITISII ASSURANCE COMPANY, INC.

Date and time:

(Kindly relax to (011) 794-7755 c/o the BAC Secretariat to acknowledge receipt)

Page 2 of 2

Erick Kristoffer L. Daquioag

December 12,2021 6:00PM7

I{OTICE OF AWARI)

I]NIVERSITY

Cit)

OFFICE OF THE PRESIT}ENT

I{OTICE OF AWARI)

J ,202t

Mr. ERICK KRISTOFf,'ER L. IIAQUIOAG

tsnt

for

ting

PHILIPPINE BRITISH ASSURANCE COMPANY, INC.

Morning

Building,

Gil

Makati City

We are happy to notify you that your Bid for the *PROCUREMENT OF STIIDEI{T PERSONAL MEIIICAL INST]RANCE AY. 20?l-2A22 {G-2021-ll)", for the

of One Million Six lfundred Twenty-Five Thousand Forty-Six

and

(Php

as soffected and modified in

with the Instructions to

You

within ten

calendar

in any oi the foilorving

fcrms. and ta

into a

rvith

Borm

Performance Seeurity

Amount of Performance Security {Equal to

of the total contract price)

a.

or

b" Bank

or

of credit issued by a Universal

Commercial Bank: Prrnitletl.

it

by a lJniversal or Commercial Bank, if

c.

by a surety or

company

certified by the

G0%)

to

the

within the

suilicient

for

r:f the

forfeiture of

bid security, and imposition of administrative penalty provided for under

69 of

(IRR) of Republic Act (RA) no.9184,

ca'Yaq'u-:

CECILIA

GASCON,

W

PHILIPPINE BRITISII ASSURANCE COMPANY, INC.

Erick Kristoffer L. Daquioag

We are happy to notify you that your Bid for the *PROCUREMENT OF STIIDEI{T PERSONAL MEIIICAL INST]RANCE AY. ^20?l-2A22 {G-2021-ll)", ^for ^the