INQUIRY, EVALUATION & AWARD

Bids are solicited for the required goods or services from accredited suppliers through the issuance of a Request for Quotation (RFQ) which shall indicate if it is an invitation for an open-bid or sealed-bid. RFQ’s are relayed to accredited suppliers through telephone or e-mail.
Pre-bid conferences are held as necessary to familiarize the vendor with the requirements and specifications. This would give the opportunity to discuss with the bidders the details, issues and clarifications on technical and commercial matters regarding the bid.
In selecting the supplier/contractor, paramount consideration to award shall be placed on the following factors:

• Quality
• Delivery
• Track Record/Demonstrated Capability and Capacity.
• Pricing and/or Total Ownership Cost
• Reliability and Dependability
• Warranty and after-sales service
• Credit and payment terms

The Procurement Department may commit the award through assignment of a Purchase Order and/or Contract Order. Notice of Award and/or Notice to Proceed may also be utilized to expedite the order processing pending the issuance of a formal order or contract. MIESCOR reserves the right to award to the vendor who meets the requirements with the most favorable offer and reserves the option to split the award to more than one acceptable bidder as deemed for the best interest of the company.