Saturday, June 06, 2015

Philippine Army, Navy to bid out P50-M projects

The Army and the Navy will hold biddings for close to P50-million worth of military projects.

The Army will spend P13.49 million to buy spare parts of a KM250 truck while the Navy will acquire 3,780 high explosive rounds worth P36.34 million. 

The truck spare parts and explosive rounds will be acquired through the Philippine International Trading Corp., a state-run firm created to secure cost-effective procurement deals. 

The bid notices for the two projects were published in The STAR yesterday. The procurement will be undertaken through open competitive bidding as provided by the implementing rules of the procurement law. 

The Navy project, meanwhile, involves the supply and delivery of 3,780 rounds brand new cartridge 25mm high explosive incendiary- tracer linked. The high explosives will be used for the Navy troops’ security operations.

Prospective bidders may obtain more information about the projects from the Bids and Awards Committee 1 Secretariat at the National Development Corp. building during weekdays.

By Alexis Romero (The Philippine Star) 

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