Negotiated Procurement for the One (1) Year Contract Tender

• Country: Philippines
• Summary: Negotiated Procurement for the One (1) Year Contract for Group Life Term Insurance (Glti)
• PHT Ref No: 139247230
• Deadline: 14 Apr 2026
• Financier: Self Financed
• Purchaser Ownership: Government
• Tender Value: PHP 870000.00
• Notice Type: Tender
• Document Ref. No.: 22-26
• Purchaser's Detail:
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• Description:
• Tender are invited for Negotiated Procurement for the One (1) Year Contract for Group Life Term Insurance (GLTI)
  Product/Service Name : Group Life Term Insurance (GLTI)
  Procurement Mode : Negotiated Procurement - Two Failed Biddings (Sec. 53.1)
  Classification : Goods - General Support Services
  Category : Services
  Contract Duration : 1 Year/s
  Budget for the Contract : PHP 870,000.00
  Area of Delivery : Metro Manila
  Description : BIDS AND AWARDS COMMITTEE
  
  
  NOTICE OF NEGOTIATED PROCUREMENT
  (TWO-FAILED BIDDINGS)
  
  
  The Philippine International Convention Center Inc. (PICCI) announces that the Bids and Awards Committee (BAC) will conduct a Negotiated Procurement for the One (1) Year Contract for Group Life Term Insurance (GLTI). The total Approved Budget for Contract (ABC) for this requirement is EIGHT HUNDRED SEVENTY THOUSAND PESOS (₱870,000.00), VAT Inclusive,
  
  This will be undertaken in accordance with Sec. 35.1, Two Failed Bids, of the Revised Implementing Rules and Regulations (RIRR) of Republic Act No. 9184 otherwise known as “The New Government Procurement Act”.
  
  A complete set of documents may be obtained by interested bidders from April 10, 2026 to on or before 3:00 p.m. of April 14, 2026.
  
  Submission of proposals will be on or before 3:00 p.m. of April 14, 2026, at the BAC Secretariat Office, Ground Floor, Delegation Building, PICC Complex, 1307 Pasay City. Attached are the specificatio...
• Documents:

 Tender Notice