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Letter of Intent

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Letter of Intent

Post by blueberry on Thu Oct 09, 2014 3:12 pm

Can a procuring entity disallow an interested party to purchase bid documents for the procurement of goods based on the reason that the LOIs last submission has already lapsed?

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Re: Letter of Intent

Post by ikuz23 on Mon Oct 13, 2014 9:51 am

good day,

the procuring entity "cannot" disallow an interested party to purchase bid documents for the procurement of goods based on the reason that the LOIs last submission.

useful info:

2013-06-26
NPM 055-2013

Requesting Entity: Center for Health Development 3

Issues Concern: Submission of Letter of Intent (LOI)


Details

Whether the submission of LOI from prospective bidders can be extended to coincide with the rescheduled bidding activities.

[T]he revised Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 9184 has abandoned the requirement for the submission of LOI under Section 23.1 of IRR Part A of RA 9184 prior to the submission of bids. The rationale for this change in policy is to streamline the procurement process, reduce transactions costs, and enhance competition.

Instead, bidders only have to submit their bids not later than the deadline for the submission and receipt of bids, which can be extended or rescheduled together with the opening of bids as provided in Section 29 of the IRR of RA 9184.
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Re: Letter of Intent

Post by blueberry on Mon Oct 27, 2014 3:50 pm

thank you for a very useful information.

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Re: Letter of Intent

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