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b) Minor arithmetical corrections to consider computational errors, omissions and discounts
if allowed in the bidding documents to enable proper comparison of all eligible bids. Any
adjustment shall be calculated in monetary terms to determined the calculated prices.

In the evaluation of bids under existing and future foreign loan agreements where tax and/or non-
tax privileges have been granted, the BAC shall evaluate all bids on an equal footing to ensure
fair and competitive bid evaluation. For this purpose, all bidders shall be required to include the
cost of all taxes, such as, but not limited to, value added tax (VAT), income tax, local taxes and
other fiscal levies and duties which shall be itemized in the bid form and reflected in the detailed
estimates. Such bids, including said taxes, shall be the basis for bid evaluation and comparison.

In case of discrepancies between: (a) bid prices in figures and in words, the latter shall prevail;
(b) total prices and unit prices, the latter shall prevail; (c) unit cost in the detailed estimates and
unit cost in the bill of quantities, the latter shall prevail.

Ranking of Total Bid Prices

Based on the detailed evaluation of bids, those that comply with the above-mentioned
requirements shall be ranked in the ascending order of their total calculated bid prices, as
evaluated and correct for computational errors, discounts and other modifications, to identify the
Lowest Calculated Bid. Total calculated bid prices, as evaluated and corrected for computational
errors, discounts and other modifications, which exceed the approved budget for the contract shall
not be considered.

VII. Post-Qualification

The post-qualification shall verify, validate and ascertain all statements made and documents
submitted by the bidder with the Lowest Calculated Bid, using non-discretionary criteria. These
criteria shall consider, but shall not be limited to, the following:
a) Legal Requirements – to verify, validate and ascertain licenses and agreements submitted
by the bidder and the fact that he is not included in any Government “backlist”
b) Technical Requirements – to determine compliance with the requirements.
c) Financial requirements – to verify, validate and ascertain the bid price proposal of the
bidder and, the required bank commitment to provide a credit line to the bidder in the
amount specified and over the period stipulated in the Instructions to Bidders.

Failure of Bidding

The BAC shall declare the bidding a failure and conduct a re-bidding with re-advertisement and/or
posting, after a re-evaluation of the terms, conditions and specifications of the first bidding when:
 No prospective bidder submit an LOI or no bids are received;
 All prospective bidders are declared ineligible;
 All bids fail to comply with all the bid requirements or fail post-qualification.

d) The bidder with the Lowest Calculated Responsive Bid refuses, without the justifiable
cause to accept the award of contract, and award is made.