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Reinsurance of the Airport Liability Insurance of the Subic Bay Metropolitan Authority Tender

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GOVERNMENT SERVICE INSURANCE SYSTEM has floated a tender for Reinsurance of the Airport Liability Insurance of the Subic Bay Metropolitan Authority. The project location is Philippines and the tender is closing on 26 Nov 2021. The tender notice number is 2022-GSIS-AMP-459, while the TOT Ref Number is 60011507. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Procurement Summary

Country : Philippines

Summary : Reinsurance of the Airport Liability Insurance of the Subic Bay Metropolitan Authority

Deadline : 26 Nov 2021

Other Information

Notice Type : Tender

TOT Ref.No.: 60011507

Document Ref. No. : 2022-GSIS-AMP-459

Competition : ICB

Financier : Self Financed

Purchaser Ownership : -

Tender Value : PHP 352073.47

Purchaser's Detail

Purchaser : GOVERNMENT SERVICE INSURANCE SYSTEM
Patrick Orines Gonzales
Staff Officer III
GSIS Headquarters
Financial Center, Roxas Boulevard
Pasay City
Pasay City
Metro Manila
Philippines 1308
63-2-9764900 Ext.3516
63-2-8590373
Philippines
Email :pogonzales@gsis.gov.ph

Tender Details

Tender are invited for Reinsurance of the Airport Liability Insurance of the Subic Bay Metropolitan Authority

Procurement Mode : Negotiated Procurement - Small Value Procurement (Sec. 53.9)

Classification : Goods

Category : Services

Contract Duration : 0 Day/s

Budget for the Contract : PHP 352, 073.47

Description : 1. The Government Service Insurance System (GSIS) is conducting procurement through Negotiated Procurement-Small Value Procurement for the Project Reinsurance of the Airport Liability Insurance of the Subic Bay Metropolitan Authority, with an approved budget for the contract (ABC) amounting to US$7, 051.20.

2. The reinsurance cover shall be for the period January 01, 2022 (00:00 Hour) to December 31, 2022 (24:00 Hours).

3. Refer to the attached Technical Specifications (ANNEX A) for further details.

4. The GSIS now invites quotations for said Project. Price Quotations received in excess of the ABC shall be automatically rejected at the Opening of Quotations.

5. A complete set of documents may be downloaded from the website of the Philippine Government Electronic Procurement System (PhilGEPS) and the GSIS website (www.gsis.gov.ph/opportunities/gibac-notices) starting on 17 November 2021.

6. Relevant underwriting information may also be obtained from the GSIS Insurance Bids and Awards Committee (GIBAC) / GBAC Secretariat at the address given below from 9:00AM to 4:00PM, Monday to Friday excluding ho...