Solicitation Number: 0107162024 Trade Agreement: Implementing Rules and Regulations Procurement Mode: Public Bidding Classification: Goods Category: Financial and Insurance Services Approved Budget for the Contract: PHP 50.00  Delivery Period: 365 Day/s Client Agency: Contact Person: Michelle A Supena Member, BAC Secretariat - Goods and Services NEUST, Gen.Tinio St., Cabanatuan city Cabanatuan City Nueva Ecija Philippines 3100 63-44-4630226 neust.bacsec@gmail.com	Status	Closed
	Associated Components	1
	Bid Supplements	2
	Document Request List	8
	Date Published	17/07/2024
	Last Updated / Time	01/08/2024 09:15 AM
	Closing Date / Time	06/08/2024 17:00 PM
Description   INVITATION TO BID The Nueva Ecija University of Science and Technology (NEUST) through the Bids and Awards Committee (BAC), hereby invites all interested entities registered with the Philippine Government Electronic Procurement System (PhilGEPS) to bid for the hereunder project, subject to the General Conditions stated herein. Name of Project: STUDENT INSURANCE FOR A.Y. 2024-2025 Location: NEUST, Cabanatuan City Approved Budget for the Contract: Php50.00/student Contract Duration: 365 days Source of Fund: TRUST FUND Cost of Bidding Documents: Php5,000.00 Technical Specification/Description: The Terms of Reference for the said project shall be provided and discussed by the End user during the Pre-Bid Conference. Covered Persons: ALL Bonafide Students and Faculty and Staff of the Nueva Ecija University of Science and Technology Coverage: 1. Accidental Death & Disablement 2. Permanent Total Disability 3. Unprovoked Murder & Assault 4. Accidental and Medical Reimbursement 5. Daily Hospitalization For 30 Days Due to Accident 6. Daily Hospitalization For 15 Days Due to Natural Causes 7. Burial Benefit Due to Natural Causes 8. Accidental Burial Benefit 9. Ambulance Assistance 10. Comprehensive General Liability (Premises & Operation Only) Extension of Cover: 1. Accident Arising from the use of Motorcycle P75,000.00 with valid LTO Driver’s License & with the prescribed Helmet; 2. Animal Bites & Insect Bite; 3. Drowning; 4. Injuries (contact and non-contact sports) from School’s Athletic Meet, Sport’s, Cultural festival/contest including SCUAA, CAASUC and SCUFAR local, regional, national and international; 5. Injuries from on-the-job training program and from activities conducted in accordance to CMO 63(Policies and Guidelines for Local 0ff-campus activities); 6. Food Poisoning; 7. Rape Case; 8. FNOL – 90 Days Extension SCHEDULE OF BENEFITS PER PERSON Amount A. Accidental Death & Disablement 150,000.00 B. Permanent & Total Disability 150,000.00 C. Unprovoked Murder & Assault 150,000.00 D. Accidental and Medical Reimbursement (including motorcycling risk and UMA) 30,000.00 E. Daily Hospitalization Allowance for 30 days due to Accident 500.00/day F. Daily Hospitalization Allowance for 15 days due to Natural Causes 500.00/day G. Burial Benefit due to Accident (including motorcycling risk and UMA) 30,000.00 H. Burial Benefit due to Natural Causes (Pre-existing Disease not covered)30,000.00 I. Death/burial assistance due to Dengue Zika, Chikingunya and accidental food poisoning 30,000.00 J. Surgical Expense including Anesthesiologist 5,000.00 K. Ambulance Assistance 1,500.00 L. Comprehensive General Liability (Premises & Operation only) 150,000.00 M. Emergency Cash Assistance due to Fire & Earthquake (One Time Payment) 3,000.00 N. Covid -19 Hospital Income Benefits (Max. of 15 days) 500.00/day O. Accidental Death of One Parent 25,000.00 P. Faculty & Staff (Free) – Same Coverage Additional Requirements: 1. The policy shall have a period of 1(one) year or shall commence at 12:01Noon of July 31,2024 up to 12:00Noon of July 31,2025; 2. The policy shall also cover the claims arising upon the commencement of this policy; 3. The bidder must have a branch or office located in Cabanatuan City, Nueva Ecija where claims can be processed and received. The summary of the bidding activities is as follows: Activities Schedule 1. Advertisement July 17-24, 2024 2. Issuance of Bid Documents July 25-August 6, 2024 3. Pre-bid Conference July 25, 2024, 9:00AM (via Zoom) 4. Deadline for Submission of Bids (Manual Submission) August 6, 2024, until 5:00PM BAC Conference Room, Gen. Tinio (St.) Campus, Cabanatuan City 5. Opening of Bids (Face to Face) August 7, 2024, 9:00 AM BAC Conference Room, Gen. Tinio (St.) Campus, Cabanatuan City GENERAL CONDITIONS: All particulars to the Eligibility Statement and Screening, Bid Security, Performance Security, Pre-bidding Conference, Evaluation of Bids, Post Qualification and Award of Contract shall be governed by the pertinent provisions of R.A. 9184 and its Implementing Rules and Regulations. Bidding will be conducted through open competitive bidding procedures using a non-discretionary “pass/fail” criterion as specified in the 2016 Revised Implementing Rules and Regulations (IRR) of Republic Act (RA) 9184, otherwise known as the “Government Procurement Reform Act”. Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or business organizations with at least sixty percent (60%) interest or ownership of at least 60% of the outstanding capital stock belonging to citizens of the Philippines, and to citizens or business organizations of a country where the laws or regulations of which grant similar rights or privileges to Filipino citizens, pursuant to RA 5183. A complete set of Bidding Documents may be acquired by interested Bidders from July 25-August 6, 2024 upon payment of the applicable fee for the Bidding Documents, pursuant to the latest Guidelines issued by the GPPB. It may also be downloaded free of charge from the website of the Philippine Government Electronic Procurement System (PhilGEPS) and the website of the Procuring Entity, provided that Bidders pay the applicable fee for the Bidding Documents not later than the deadline for submission of bids. Bids must be duly received by the BAC Secretariat at the address below on or before August 6, 2024, until 5:00PM. All Bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in the PBD. Late bids shall not be accepted. On the last day for the submission of bids and no prospective bidder/s submitted its bid documents or only one (1) bid was submitted for the above-mentioned project, the same is deemed extended until August 13, 2024, 5:00 PM. This is to protect the interest of the University and full opportunity for a competitive bidding may be achieved. The University likewise reserves the right to cause extension or postponement of the filing of bids should similar situation arises. Bid opening shall be on August 7, 2024, 9:00 AM at the BAC Conference Room, Gen. Tinio (St.) Campus, Cabanatuan City unless extended. Bids will be opened in the presence of the bidder or his/her/its duly authorized representative/s. Failure to attend during the opening of bids shall be considered a waiver on the part of the bidder who likewise waives his/her/its right to raise questions during the bidding procedures. The Nueva Ecija University of Science and Technology reserves the right to reject any and all bids, declare a failure of bidding, or not award the contract at any time prior to contract award in accordance with Section 41 of RA 9184 and its IRR, without thereby incurring any liability to the affected bidder or bidders. For more information concerning this bidding, please contact the following: ENGR. JOEL G. DE MESA Head, BAC Secretariat for Goods and Services NEUST Gen. Tinio St., Cabanatuan City Email Address: neust.bacsec@gmail.com Approved by: DR. HONORATO P. PANAHON BAC Chairperson Pre-bid Conference Date Time Venue 25/07/2024 9:00:00 AM via Zoom Platform
Remarks REVISED SCHEDULE OF PROCUREMENT ACTIVITIES FOR STUDENT INSURANCE AY 2024-2025