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    Bid Securing Declaration Form: (Shall Be Submitted With The Bid If Bidder Opts To Provide This Form of Bid Security)

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    Barangay Lam-an
    This document is a Bid Securing Declaration form that can be submitted in lieu of a bid security for a project. It declares that the bidder understands bid securities are required, accepts potential penalties for withdrawing their bid or failing to sign a contract if awarded, and acknowledges when the declaration would cease to be valid such as when a contract is signed or the bid is disqualified. The declaration must be notarized.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Bid Securing Declaration Form: (Shall Be Submitted With The Bid If Bidder Opts To Provide This Form of Bid Security)

    Uploaded by

    Barangay Lam-an
    2K views1 page
    This document is a Bid Securing Declaration form that can be submitted in lieu of a bid security for a project. It declares that the bidder understands bid securities are required, accepts potential penalties for withdrawing their bid or failing to sign a contract if awarded, and acknowledges when the declaration would cease to be valid such as when a contract is signed or the bid is disqualified. The declaration must be notarized.

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    Bid Securing Declaration

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    This document is a Bid Securing Declaration form that can be submitted in lieu of a bid security for a project. It declares that the bidder understands bid securities are required, accepts potential penalties for withdrawing their bid or failing to sign a contract if awarded, and acknowledges when the declaration would cease to be valid such as when a contract is signed or the bid is disqualified. The declaration must be notarized.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    2K views1 page

    Bid Securing Declaration Form: (Shall Be Submitted With The Bid If Bidder Opts To Provide This Form of Bid Security)

    Uploaded by

    Barangay Lam-an
    This document is a Bid Securing Declaration form that can be submitted in lieu of a bid security for a project. It declares that the bidder understands bid securities are required, accepts potential penalties for withdrawing their bid or failing to sign a contract if awarded, and acknowledges when the declaration would cease to be valid such as when a contract is signed or the bid is disqualified. The declaration must be notarized.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Bid Securing Declaration Form

    [shall be submitted with the Bid if bidder opts to provide this form of bid security]
    _________________________________________________________________________

    REPUBLIC OF THE PHILIPPINES)


    CITY OF _______________________) S.S.

    BID SECURING DECLARATION


    Project Identification No.: [Insert number]

    To: [Insert name and address of the Procuring Entity]

    I/We, the undersigned, declare that:

    1. I/We understand that, according to your conditions, bids must be supported by a Bid
    Security, which may be in the form of a Bid Securing Declaration.

    2. I/We accept that: (a) I/we will be automatically disqualified from bidding for any
    procurement contract with any procuring entity for a period of two (2) years upon receipt
    of your Blacklisting Order; and, (b) I/we will pay the applicable fine provided under
    Section 6 of the Guidelines on the Use of Bid Securing Declaration, within fifteen (15)
    days from receipt of the written demand by the procuring entity for the commission of
    acts resulting to the enforcement of the bid securing declaration under Sections 23.1(b),
    34.2, 40.1 and 69.1, except 69.1(f),of the IRR of RA No. 9184; without prejudice to other
    legal action the government may undertake.

    3. I/We understand that this Bid Securing Declaration shall cease to be valid on the
    following circumstances:

    a. Upon expiration of the bid validity period, or any extension thereof pursuant to your
    request;
    b. I am/we are declared ineligible or post-disqualified upon receipt of your notice to such
    effect, and (i) I/we failed to timely file a request for reconsideration or (ii) I/we filed a
    waiver to avail of said right; and
    c. I am/we are declared the bidder with the Lowest Calculated Responsive Bid, and
    I/we have furnished the performance security and signed the Contract.

    IN WITNESS WHEREOF, I/We have hereunto set my/our hand/s this ____ day of [month]
    [year] at [place of execution].

    [Insert NAME OF BIDDER OR ITS AUTHORIZED


    REPRESENTATIVE]
    [Insert signatory’s legal capacity]
    Affiant

    [Jurat]
    [Format shall be based on the latest Rules on Notarial Practice]

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