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LBP-GIBAC-ITB-GS-20260709-01(2) - One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza
AI Summary
The Land Bank of the Philippines is inviting qualified suppliers to enter into a one‑year contract for the retail supply of electricity to LANDBANK Plaza. This procurement seeks an entity capable of delivering uninterrupted power to the bank’s headquarters in accordance with the bank’s 2026 corporate operating budget and meeting all statutory requirements. Bidders will begin performance upon receipt of a Notice to Proceed and an advisory from LANDBANK Facilities Management, with the contract term fixed at twelve months.
Eligible bidders must be Philippine residents or entities that meet the 60 percent ownership requirement set by RA 5183, possess at least five years of proven experience supplying similar retail electricity contracts, and comply with the pass/fail criteria established by RA 12009. Bids are to be submitted electronically via the LANDBANK Secure File Transfer Facility before 10:00 a.m. on October 8, 2026, accompanied by the requisite bid security and in accordance with the detailed electronic bid submission procedures. All submissions must adhere to Philippine electric supply regulations and meet the technical standards applicable to retail power distribution.
Description
INVITATION TO BID FOR
One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza
1) The LAND BANK OF THE PHILIPPINES (LANDBANK), through its 2026 Corporate Operating Budget approved by the Board of Directors intends to apply the sum of
One Hundred Five Million Two Hundred Six Thousand Three Hundred Forty-Nine Pesos and 95/100 (P105,206,349.95) being the Approved Budget for the Contract (ABC) to payments under the contract for One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza with Project Identification Number LBP-GIBAC-ITB-GS-20260709-01(2). Bids received in excess of the ABC shall be automatically rejected at bid opening.
2) The LANDBANK now invites bids for One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza. The contract duration is one (1) year to start upon receipt of Notice to Proceed and advice from LANDBANK Facilities Management Department. Bidders should have completed, at least five (5) years from the date of submission and receipt of bids, contracts similar to the Project. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II. Instructions to Bidders.
3) Bidding will be conducted through competitive bidding procedures using a non-discretionary “pass/fail” criterion as specified in the IRR of RA No. 12009.
Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or organizations with at least sixty percent (60%) interest or outstanding capital stock belonging to citizens of the Philippines, and to citizens or organizations of a country the laws or regulations of which grant similar rights or privileges to Filipino citizens, pursuant to RA No. 5183.
4) Interested bidders may obtain further information and/or electronic copy of the bidding documents from the LANDBANK Procurement Department through the telephone numbers and email address provided below during banking days from 08:00 A.M. to 05:00 P.M.
5) A complete set of Bidding Documents in electronic format may be acquired by interested Bidders on September 17 to October 8, 2026_ through the LANDBANK Procurement Department upon payment of the applicable fee for the Bidding Documents, pursuant to the latest Guidelines issued by the GPPB, in the amount of Fifty Thousand Pesos Only (P50,000.00).
6) The Bidding Documents Fee may be paid at any LANDBANK Branch or through the LANDBANK online payment platform: Link.BizPortal, provided a Payment Acceptance Order (PAO) is secured first from LANDBANK – GI-BAC Secretariat. To obtain a PAO, interested Bidders shall send a request email to lbpgibac@landbank.com with subject “PAO – LBP-GIBAC-ITB-GS-20260709-01(2)” as its subject. A reply email shall be sent to the interested bidders covering the procedures for the payment of Bidding Documents fee, and the manner of submission of the Bidding Documents.
The step-by-step procedures for the payment of the Bidding Documents fee through the LANDBANK Link.BizPortal are provided in the Annex A of the Bidding Documents.
The Bidding Documents may also be downloaded free of charge from the website of the Philippine Government Electronic Procurement System (PhilGEPS) and the website of the Procuring Entity, provided that Bidders shall pay the applicable fee for the Bidding Documents not later than the submission of their bids.
7) The LANDBANK will hold a Pre-Bid Conference on September 24, 2026 – 2:00 P.M. through video conferencing via Microsoft (MS) Teams application, which shall be open to prospective Bidders.
Prospective bidders who wish to attend the Pre-Bid Conference shall accomplish the Pre-Bid Conference Registration (PBCR) Form (Annex B of the Bidding Documents) and submit the same to LBPGIBAC@landbank.com not later than one (1) calendar day before the schedule of the Pre-Bid Conference. The PBCR Form may be downloaded from the PhilGEPS website, LANDBANK website (https://landbank.com/forms) or requested from Ms. Kimberly Joy A. Sto. Tomas at kasto.tomas@landbank.com. Prospective Bidders shall indicate “PBCR-LBP-GIBAC-ITB-GS-20260709-01(2)” as the subject in the request email. The specific instructions on how to join the Pre-Bid Conference shall be provided by LANDBANK to the prospective Bidders through email.
Prospective bidders are also encouraged to send requests for clarifications related to the procurement project at hand through the abovementioned email address at least three (3) calendar days before the scheduled pre-bid conference in order to facilitate the preparation of responses thereto, which will be discussed during the pre-bid conference.
For new bidders, a briefing on the overview and salient provisions of Republic Act No. 12009 (New Government Procurement Act), and its Implementing Rules and Regulations as well as the proper manner of preparing the bids shall be conducted on September 23, 2026 – 3:00 P.M. through videoconferencing via the MS Teams application.
8) Bids must be duly received by the Bids and Awards Committee (BAC) Secretariat through online or electronic submission on or before October 8, 2026 – 10:00 A.M. Only electronic bids that are successfully uploaded to the Secure File Transfer Facility (SFTF) of LANDBANK on or before the deadline shall be accepted. Manual submission of hard copy/ies of bids shall not be accepted. The prescribed procedures in the submission and opening of electronic bids are stated in the Detailed Procedures in Submission and Opening of Electronic Bids (Annexes C-1 to C-8 of the Bidding Documents). Late bids shall not be accepted.
9) All Bids must be accompanied by a Bid Security in any of the acceptable forms and in the amount stated in ITB Clause 16.1.
10) Bid opening shall be on October 8, 2026 – 10:00 A.M. via videoconferencing using MS Teams application. Bids will be opened in the presence of the Bidders’ representatives who choose to attend the activity.
11) Bidders shall bear all costs associated with the preparation and submission of their bids, and the LANDBANK does not assume any responsibility to compensate or indemnify any bidder for expenses incurred in the preparation of bid, regardless of the outcome of the bidding process.
12) The LANDBANK reserves the right to reject any and all bids, declare a failure of bidding, or not award the contract at any time prior to contract award in accordance with Section 70 (Reservation Clause) of R.A. No. 12009, without incurring any liability to the affected Bidder or Bidders.
13) For further information, please refer to:
HONORIO T. DIAZ, JR.
Head
Bid and Awards Committee for Goods and Infrastructure (GI-BAC) Secretariat
1598 M.H. Del Pilar cor. Dr. J. Quintos Sts.
1004 Malate, Manila
Tel. (+632) 8-522-0000 or 8-551-2200 local 2924
Email LBPGIBAC@landbank.com
14) You may visit the following websites:
For downloading of Bidding Documents: https://www.landbank.com/procurement
https://notices.philgeps.gov.ph
For electronic bid submission: thru LANDBANK Secure File Transfer Facility (SFTF)
September 17, 2026
[Date of Issue]
Pre-bid Conference
Date : 24/09/2026
Time : 2:00 PM
Venue : thru video conferencing using MS Teams
Reference Number: 13246493
Trade Agreement: Implementing Rules and Regulations
Procurement Mode: Public Bidding
Classification: Goods
Category: Power Generation and Distribution Machinery
Bid Supplements: 1
Document Request List: 5
One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza
1) The LAND BANK OF THE PHILIPPINES (LANDBANK), through its 2026 Corporate Operating Budget approved by the Board of Directors intends to apply the sum of
One Hundred Five Million Two Hundred Six Thousand Three Hundred Forty-Nine Pesos and 95/100 (P105,206,349.95) being the Approved Budget for the Contract (ABC) to payments under the contract for One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza with Project Identification Number LBP-GIBAC-ITB-GS-20260709-01(2). Bids received in excess of the ABC shall be automatically rejected at bid opening.
2) The LANDBANK now invites bids for One (1) Year Contract Retail Electricity Supply for LANDBANK Plaza. The contract duration is one (1) year to start upon receipt of Notice to Proceed and advice from LANDBANK Facilities Management Department. Bidders should have completed, at least five (5) years from the date of submission and receipt of bids, contracts similar to the Project. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II. Instructions to Bidders.
3) Bidding will be conducted through competitive bidding procedures using a non-discretionary “pass/fail” criterion as specified in the IRR of RA No. 12009.
Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or organizations with at least sixty percent (60%) interest or outstanding capital stock belonging to citizens of the Philippines, and to citizens or organizations of a country the laws or regulations of which grant similar rights or privileges to Filipino citizens, pursuant to RA No. 5183.
4) Interested bidders may obtain further information and/or electronic copy of the bidding documents from the LANDBANK Procurement Department through the telephone numbers and email address provided below during banking days from 08:00 A.M. to 05:00 P.M.
5) A complete set of Bidding Documents in electronic format may be acquired by interested Bidders on September 17 to October 8, 2026_ through the LANDBANK Procurement Department upon payment of the applicable fee for the Bidding Documents, pursuant to the latest Guidelines issued by the GPPB, in the amount of Fifty Thousand Pesos Only (P50,000.00).
6) The Bidding Documents Fee may be paid at any LANDBANK Branch or through the LANDBANK online payment platform: Link.BizPortal, provided a Payment Acceptance Order (PAO) is secured first from LANDBANK – GI-BAC Secretariat. To obtain a PAO, interested Bidders shall send a request email to lbpgibac@landbank.com with subject “PAO – LBP-GIBAC-ITB-GS-20260709-01(2)” as its subject. A reply email shall be sent to the interested bidders covering the procedures for the payment of Bidding Documents fee, and the manner of submission of the Bidding Documents.
The step-by-step procedures for the payment of the Bidding Documents fee through the LANDBANK Link.BizPortal are provided in the Annex A of the Bidding Documents.
The Bidding Documents may also be downloaded free of charge from the website of the Philippine Government Electronic Procurement System (PhilGEPS) and the website of the Procuring Entity, provided that Bidders shall pay the applicable fee for the Bidding Documents not later than the submission of their bids.
7) The LANDBANK will hold a Pre-Bid Conference on September 24, 2026 – 2:00 P.M. through video conferencing via Microsoft (MS) Teams application, which shall be open to prospective Bidders.
Prospective bidders who wish to attend the Pre-Bid Conference shall accomplish the Pre-Bid Conference Registration (PBCR) Form (Annex B of the Bidding Documents) and submit the same to LBPGIBAC@landbank.com not later than one (1) calendar day before the schedule of the Pre-Bid Conference. The PBCR Form may be downloaded from the PhilGEPS website, LANDBANK website (https://landbank.com/forms) or requested from Ms. Kimberly Joy A. Sto. Tomas at kasto.tomas@landbank.com. Prospective Bidders shall indicate “PBCR-LBP-GIBAC-ITB-GS-20260709-01(2)” as the subject in the request email. The specific instructions on how to join the Pre-Bid Conference shall be provided by LANDBANK to the prospective Bidders through email.
Prospective bidders are also encouraged to send requests for clarifications related to the procurement project at hand through the abovementioned email address at least three (3) calendar days before the scheduled pre-bid conference in order to facilitate the preparation of responses thereto, which will be discussed during the pre-bid conference.
For new bidders, a briefing on the overview and salient provisions of Republic Act No. 12009 (New Government Procurement Act), and its Implementing Rules and Regulations as well as the proper manner of preparing the bids shall be conducted on September 23, 2026 – 3:00 P.M. through videoconferencing via the MS Teams application.
8) Bids must be duly received by the Bids and Awards Committee (BAC) Secretariat through online or electronic submission on or before October 8, 2026 – 10:00 A.M. Only electronic bids that are successfully uploaded to the Secure File Transfer Facility (SFTF) of LANDBANK on or before the deadline shall be accepted. Manual submission of hard copy/ies of bids shall not be accepted. The prescribed procedures in the submission and opening of electronic bids are stated in the Detailed Procedures in Submission and Opening of Electronic Bids (Annexes C-1 to C-8 of the Bidding Documents). Late bids shall not be accepted.
9) All Bids must be accompanied by a Bid Security in any of the acceptable forms and in the amount stated in ITB Clause 16.1.
10) Bid opening shall be on October 8, 2026 – 10:00 A.M. via videoconferencing using MS Teams application. Bids will be opened in the presence of the Bidders’ representatives who choose to attend the activity.
11) Bidders shall bear all costs associated with the preparation and submission of their bids, and the LANDBANK does not assume any responsibility to compensate or indemnify any bidder for expenses incurred in the preparation of bid, regardless of the outcome of the bidding process.
12) The LANDBANK reserves the right to reject any and all bids, declare a failure of bidding, or not award the contract at any time prior to contract award in accordance with Section 70 (Reservation Clause) of R.A. No. 12009, without incurring any liability to the affected Bidder or Bidders.
13) For further information, please refer to:
HONORIO T. DIAZ, JR.
Head
Bid and Awards Committee for Goods and Infrastructure (GI-BAC) Secretariat
1598 M.H. Del Pilar cor. Dr. J. Quintos Sts.
1004 Malate, Manila
Tel. (+632) 8-522-0000 or 8-551-2200 local 2924
Email LBPGIBAC@landbank.com
14) You may visit the following websites:
For downloading of Bidding Documents: https://www.landbank.com/procurement
https://notices.philgeps.gov.ph
For electronic bid submission: thru LANDBANK Secure File Transfer Facility (SFTF)
September 17, 2026
[Date of Issue]
Pre-bid Conference
Date : 24/09/2026
Time : 2:00 PM
Venue : thru video conferencing using MS Teams
Reference Number: 13246493
Trade Agreement: Implementing Rules and Regulations
Procurement Mode: Public Bidding
Classification: Goods
Category: Power Generation and Distribution Machinery
Bid Supplements: 1
Document Request List: 5
Details
Status:
Closed
Procedure type:
Open Procedure
Sectors:
09000000 - Petroleum products, fuel, electricity and other sources of energy
Place of origin:
Philippines
Places of performance:
Philippines
Deadline:
Oct 15, 2026, 02:00 AM
Contract type:
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Publication date:
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Created date:
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Update date:
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Buyers
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