Invitation to Bid LANDBANK Binondo Branch Renovation
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 Eight Million Eighty Thousand Pesos Only (PhP8,080,000.00) being the Approved Budget for the Contract (ABC) to payments under the contract for the LANDBANK Binondo Branch Renovation. Bids received in excess of the ABC shall be automatically rejected at bid opening.
The LANDBANK now invites bids for the LANDBANK Binondo Branch Renovation. Completion of the Works is required within one hundred sixty five (165) calendar days upon receipt of Notice to Proceed. Bidders should have completed, within five (5) years from the date of submission and receipt of bids, a contract similar to the Project. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II (Instructions to Bidders).
Bidding will be conducted through competitive bidding procedures using a non-discretionary “pass/fail” criterion as specified in the IRR, otherwise known as the “New Government Procurement Act (NGPA)”.
Bidding is restricted to Filipino citizens/sole proprietorships, cooperatives, and partnerships or organizations with at least sixty percent (60%) interest or outstanding capital stock belonging to citizens of the Philippines.
Interested bidders may obtain further information and/or electronic copy of the Bidding Documents by contacting LANDBANK – Procurement Department at the telephone numbers and email address given below during banking days from 8:00 A.M. to 5:00 P.M.
A complete set of Bidding Documents in electronic format may be acquired by interested Bidders on November 3 to 26, 2026 from LANDBANK – Procurement Department and upon payment of the applicable fee for the Bidding Documents, pursuant to the latest Guidelines issued by the GPPB, in the amount of Ten Thousand Pesos Only (₱10,000.00).
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 [email protected] with “PAO - LBP-GIBAC-ITB-CW-20261008-01” 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. It 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.
The LANDBANK will hold a Pre-Bid Conference on November 12, 20236 – 2:00 P.M. through videoconferencing 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 [email protected] 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. Joy L. Gabay at [email protected]. Prospective Bidders shall indicate “PBCR – LBP-GIBAC-ITB-CW-20261008-01” 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. 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 November 11, 2026 – 3:00 P.M. through videoconferencing via the MS Teams application.
Bids must be duly received by the Bids and Awards Committee (BAC) Secretariat through online or electronic submission on or before the 10:00 A.M. deadline on November 26, 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-7 of the Bidding Documents). Late bids shall not be accepted.
All Bids must be accompanied by a Bid Security in any of the acceptable forms and in the amount stated in ITB Clause 16.
Bid opening shall be on November 26, 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.
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.
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 of R.A. No. 12009, without thereby incurring any liability to the affected bidder or bidders.
For further information, please refer to:
MR. HONORIO T. DIAZ, JR. Head, 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 7776 Email : [email protected]
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Extracted from the stored notice
Key requirements
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Ownership
Filipino Ownership Requirement
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Reciprocity exception mentioned
No
Minimum Filipino ownership (%)
60
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Experience & similar contracts
Similar Contract Experience
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Submission & process
Bid Security
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Bid Security is required in an acceptable form and amount.
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Pre-Bid Conference
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Stored timeline
Important dates
Published · Manila
Oct 31, 2026, 12:00 AM
Deadline · Manila
Nov 26, 2026, 10:00 AM
26 days left
First saved / captured
Oct 31, 2026, 4:15 AM
Last database update
Oct 31, 2026, 4:15 AM
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