The Research Institute for Tropical Medicine hereby invites all interested parties to bid for the sale of one (1) lot of Equipment for cash to the highest bidder as per attached list.
Minimum Bid Price: P 630,482.51
Interested parties may inspect the units and secure bid form from Ms. Juvy L. Leyesa, Materials Management Department, Research Institute for Tropical Medicine from
January 27 to February 9, 2023.
Deadline for the submission of sealed bids together with the Bidder’s bond amounting to 10% per lot is on February 9, 2023 at exactly 10 A.M and immediately followed by the opening of bids at Residence Hall, ground floor, Research Institute for Tropical Medicine, Alabang, Muntinlupa City. Bids will be opened in the presence of the bidders representatives.
In case of a “Tie” among bidders which makes place when two or more bidders offered exactly the same price quotation, all concerned bidders or their one (1) duly authorized representative shall be made to appear after the conducting of the bidding and witness the drawing of lots.
RITM reserves the right to reject any or all bids, thereof, waive any informality found therein or accepts such bids or to award to any interested party/bidder whose bid is considered most advantageous to the Institute and/or the government.