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RULE XIII. Section 23.1

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RULE XIII. Section 23.1

Post by JEANGAJETE on Tue Apr 14, 2015 9:02 am

Good day!
I just want to clarify the Financial Documents required in the Bidding Documents for Infrastructure Projects it was stated there that one of the requirements:The prospective bidder's Audited financial statements, showing, among others, the prospective total and current assets and liabilities, stamped “received” by the BIR or its duly accredited and authorized institutions, for the preceding calendar year. Our company is a newly registered (Sept. 2013) of which we only have the 2013 and 2014 AFS only thus we cannot produced of what they required the 2011 and 2012 which resulted to DISQUALIFICATION OF OUR BID. We cited to them and GPPB Resolution No. 012-2004 but still they did not allow our explanation. However, they give us 72 hours to file a motion for reconsideration for the said bidding. We Please help us. May God be praise!

JEANGAJETE
New Member
New Member

Female Number of posts : 4
Company/Agency : ZI 9 BUILDERS AND SUPPLIES
Occupation/Designation : LIAISON OFFICER
Registration date : 2015-04-14

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Re: RULE XIII. Section 23.1

Post by JEANGAJETE on Tue Apr 14, 2015 11:38 am

JEANGAJETE wrote:Good day!
I just want to clarify the Financial Documents required in the Bidding Documents for Infrastructure Projects it was stated there that one of the requirements:The prospective bidder's Audited financial statements, showing, among others, the prospective total and current assets and liabilities, stamped “received” by the BIR or its duly accredited and authorized institutions, for the preceding calendar year. Our company is a newly registered (Sept. 2013) of which we only have the 2013 and 2014 AFS only thus we cannot produced of what they required the 2011 and 2012 which resulted to DISQUALIFICATION OF OUR BID. We cited to them and GPPB Resolution No. 012-2004 but still they did not allow our explanation. However, they give us 72 hours to file a motion for reconsideration for the said bidding.Please help us. May God be praise!

JEANGAJETE
New Member
New Member

Female Number of posts : 4
Company/Agency : ZI 9 BUILDERS AND SUPPLIES
Occupation/Designation : LIAISON OFFICER
Registration date : 2015-04-14

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