DND earmarks P90-M for M-16 bullets

From the Philippine News Agency (Aug 9): DND earmarks P90-M for M-16 bullets

The Department of National Defense is allocating some PHP90.3 million for the acquisition of 21 million rounds of 5.56mm M855/SS109 bullets.

The funding for the acquisition program will be sourced from the General Appropriation Act FY 2018.

Winning bidders are required to deliver the bullets, which the military will use in M-16 rifles, within 180 calendar days from the receipt of the Contract and Notice to Proceed.

Bidders should have completed, within the last five years from the date of submission and receipt of bids, a contract similar to the project, the bid bulletin posted at the Philippine Government Electronic Procurement System said.

Pre-bid conference is on August 16, 10 a.m. at the DND-Bids and Awards Committee Conference Room, Basement, Right Wing, DND Building, Camp Aguinaldo, Quezon City while the bid opening is on August 28, at the same time and venue.

"The HOPE (Head Of Procuring Entity) 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.

"Further, the HOPE reserves the same right, if the funds/allotments for said program/project/activity have been withheld or reduced through no fault of its own," DND Bids and Awards Committee 1 chair Assistant Secretary Manuel Felino Ramos said in the bid bulletin.

http://www.pna.gov.ph/articles/1044258