REQUEST FOR EXPRESSION OF INTEREST

The Philippine Deposit Insurance Corporation (PDIC), through its Bids and Awards Committee (BAC), calls on all interested entities who intend to participate in the re-bidding of the procurement project provided hereunder, to submit their respective eligibility documents on or before 22 May 2015, 9:30 A.M., at the Ground Floor, SSS Makati Building, Ayala Avenue corner V.A. Rufino Street, Makati City:

The complete set of eligibility forms is attached herewith and is available for download. It shall also be available for issuance by the PDIC BAC Secretariat located at the 6th Floor, SSS Makati Building, Ayala Avenue corner R.A. Rufino Street, Makati City.

Eligibility documents shall be available from 14 May 2015 until the deadline for submission thereof on 22 May 2015.

Immediately after the expiration of the deadline for submission, the BAC shall determine the eligibility of all prospective bidders in accordance with the provisions of Republic Act 9184 (RA 9184), and its Implementing Rules and Regulations (IRR). As such, the non-discretionary "pass/fail" criterion imposed by the law shall be followed in the evaluation of all submissions. Only eligible bidders will be considered in the short listing process that will follow.

The BAC shall draw up a short list of seven (7) eligible bidders. Only those included in this list will be entitled to submit bids for the project.

In drawing up its short list, the BAC shall assess the qualifications of the eligible bidders using the following criteria and/or rating system:

1. Applicable experience of the consultant (and members, in case of joint ventures) [40%];
2. Qualification of personnel who will be assigned to the project vis-à-vis extent and complexity of the undertaking (60%);

The eligible bidders shall be ranked in descending order based on their respective numerical ratings, with the top seven (7) bidders constituting the short list. However, in no case shall a prospective bidder be short listed if it garners a total rating that is less than eighty percent (80%). Accordingly, where no eligible bidder meets this minimum rating requirement, a failure of bidding shall be declared by the BAC.

The BAC shall submit the short list to the President of PDIC for her approval. Once the list is approved, the bidders included therein shall be notified. They shall then be allowed to purchase and submit the rest of the bidding documents for this project, subject to further instructions from PDIC.

The BAC shall evaluate bids using the Quality Cost-Based Evaluation Procedure. The weight to be allocated for the Technical Proposal is sixty percent (60%), while for the Financial Proposal is forty percent (40%). Bids whose technical proposals pass the minimum technical rating of eighty (80%) shall have its financial proposals opened and evaluated.

The succeeding stages of the procurement process shall also be conducted pursuant to RA 9184 and its IRR. Accordingly, the non-discretionary "pass/fail" criterion it imposes, as well as the specific requirements of this project shall be made to apply.

BIDS AND AWARDS COMMITTEE

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