Solicitation Number: 09122021001 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: Joseph Fajardo Tantoco Procurement Staff gen.tinio st. cabanatuan city Cabanatuan City Nueva Ecija Philippines 3100 63-044-4565695 63-0916-9850336 neustproc.unit@gmail.com	Status	Awarded
	Associated Components	1
	Bid Supplements	0
	Document Request List	4
	Date Published	10/12/2021
	Last Updated / Time	28/01/2022 13:59 PM
	Closing Date / Time	03/01/2022 16:00 PM
Description   The Nueva Ecija University of Science and Technology (NEUST) through its Bids and Awards Committee (BAC), invites entities to bid for the hereunder projects: Name of Project: Student Insurance Location: NEUST Total Approved Budget for the Contract (ABC): P 50.00 per student Contract Duration: Calendar Days Fund Source: Trust Fund Bid Documents: Php 5,000.00 Technical Specification/Description The Terms of Reference for the said projects will be provided by the end user and shall be distributed and discussed during the Pre-Bid Conference. Covered Person: All Bonafide Students and All Faculty and Staff of Nueva Ecija University of Science and Technology Coverage: • Accidental Death and Disablement • Permanent Total Disability • Unprovoked Murder, Assault • Accidental Medical Reimbursement • Daily Hospitalization For 30 Days Due to Accident • Daily Hospitalization For 15 Days Due to Natural Causes • Burial Assistance Due to Accident • Burial Benefit Due to Natural Causes • Death Due to Dengue • Ambulance Assistance • Comprehensive General Liability • Emergency Cash Assistance due to Fire and Earthquake • Accidental Death of one parent • Covid 19 – Hospital Income Benefits with Antigen/RT PCR Result • Covid 19 – Burial Assistance Benefits Activities Schedule 1. Advertisement/Receipt of Letter of Intent December 10-17, 2021 2. Pre-bid Conference December 20, 2021 - 9:30 AM Live - Online Conferencing (Zoom meeting) 3. Submission of Bids January 03, 2022, UNTIL 4:00 PM NEUST President’s Office Conference Room, Gen. Tinio Street Campus, Cabanatuan City Late bids shall not be accepted 4. Opening of Bids January 04, 2022, 9:30 AM Live - Online Conferencing (Zoom meeting) 5. Post Qualification January 05, 2022, 9:30 AM Live - Online Conferencing (Zoom meeting) 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 organizations with at least sixty percent (60%) interest or outstanding capital stock belonging to citizens of the Philippines, and to citizens or organizations of a country 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 December 20, 2021 to January 03, 2022 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 shall pay the applicable fee for the Bidding Documents not later than the submission of their bids. Bids must be duly received by the BAC Secretariat at the address below on or before January 03, 2022 4:00 PM. 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. Bid opening shall be on January 04, 2022, 9:30 AM at NEUST Conference Room, Gen. Tinio Street Campus, Cabanatuan City and via Live - Online Conferencing (Zoom meeting). Bids will be opened in the presence of the bidders’ representatives. Late bids shall not be accepted. 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 Bids and Awards Committee Secretariat NEUST Gen. Tinio St., Cabanatuan City Telephone No. (044) 044-4565695 Email Address: neustproc.unit@gmail.com Approved by: DR. HONORATO P. PANAHON BAC Chairperson Line Items Item No. Product/Service Name Description Quantity UOM Budget (PHP) 1 Student Insurance Student Insurance 1 Lot 50.00 Pre-bid Conference Date Time Venue 20/12/2021 9:30:00 AM December 20, 2021 - 9:30 AM Live - Online Conferencing (Zoom meeting)