1. The LAND BANK OF THE PHILIPPINES (LANDBANK), through its 2021 Corporate Operating Budget approved by the Board of Directors intends to apply the total sum of Forty-Eight Million Seven Hundred Twenty-One Thousand Pesos Only (PhP48,721,000.00) being the Approved Budget for the Contract (ABC) to payments under the contract for the Supply, Delivery and Installation of 40 units Cash Deposit Machines (CDM) with 4-year Maintenance Package with Project Identification Number LBP-HOBAC-ITB-GS-20210804-01. Bids received in excess of the ABC shall be automatically rejected at bid opening.

2. The LANDBANK now invites bids for the Supply, Delivery and Installation of 40 units Cash Deposit Machines (CDM) with 4-year Maintenance Package. The contract period is indicated in Section VI, Schedule of Requirements. Bidders should have completed, within five (5) years from the date of submission and receipt of bids, a contract similar to the Project. The deion of an eligible bidder is contained in the Bidding Documents, particularly, in Section II (Instructions to Bidders).

3. 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) No. 9184.

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 No. 5183.

4. Prospective Bidders may obtain further information and/or shortened electronic copy of the Bidding Documents by contacting LANDBANK – Procurement Department at the telephone numbers and email address given below during banking days from 8:00 A.M. to 5:00 P.M.

5. A complete set of Bidding Documents in electronic format may be acquired by interested Bidders on December 3, 2021 to January 7, 2022 from LANDBANK – Procurement Department upon payment of the non-refundable Bidding Documents Fee, pursuant to the latest Guidelines issued by the GPPB, in the amount of Twenty-Four Thousand Four Hundred Pesos Only (PhP24,400.00).

The Bidding Documents Fee may be paid at any LANDBANK Branch or through the LANDBANK online payment platform .BizPortal provided a Payment Acceptance Order (PAO) is secured first from LANDBANK – Procurement Department. The steps to follow in the payment of the Bidding Documents fee through the LANDBANK .BizPortal are found in Annex A of the Bidding Documents.

To obtain a PAO, interested Bidders shall send a request email to lbphobac@mail.landbank.com with subject “PAO – LBP-HOBAC-ITB-GS-20210804-01” as its subject. The specific instructions on how to pay the Bidding Documents Fee and receive the Bidding Documents shall be provided in the reply email of LANDBANK to the interested Bidders.

The Bidding Documents may also be downloaded free of charge from the website of the Philippine Government Electronic Procurement System (PhilGEPS) and the LANDBANK website, provided that Bidders shall pay the corresponding cost of Bidding Documents not later than the submission of their bids.