BAC Resolution Declaring LCRB and Recommending Approval RESOLUTION NO.

___ WHEREAS, the __(Name of the Procuring Entity)__ advertised the Invitation to Apply for Eligibility and to Bid of the __(Name of the Project)__ in two newspapers of nationwide general circulation and posted the same in the __(Name of the Procuring Entity)__ website, the G-EPS and a conspicuous place at the premises of the __(Name of the Procuring Entity)__ continuously for 14 days; WHEREAS, in response to the said advertisements, __(number of LOIs received)___ contractors submitted letters of intent and applications for eligibility but only __(number of eligible bidders)__ were found eligible on __(date of Eligibility Check)__ and out of this number of eligible bidders, __(number of bidders that purchased bid docs)__ purchased bid documents; WHEREAS, __(number of bids submitted)__ were submitted on __(date of Bid Opening)__ but only __(number of bids rated passed)__ passed the preliminary examination of bids; WHEREAS, the bid proposals of the following bidders were found to be substantially complying: Name of Bidder Bid Amount (As Read) % Variance from ABC

WHEREAS, the detailed evaluation of bids conducted on __(date of Bid Evaluation)__ resulted in the following: Name of Bidder Bid Amount (As Calculated) % Variance from ABC

WHEREAS, upon careful examination, validation and verification of all the eligibility, technical and financial requirements submitted by the Bidder with the Lowest Calculated Bid, its bid has been found to be responsive; NOW, THEREFORE, We, the Members of the Bids and Awards Committee, hereby RESOLVE as it is hereby RESOLVED:

a)

To declare __(Name of the Bidder with the LCRB)__ as the Bidder with the Lowest Calculated and Responsive Bid for the __(Name of Project)__;