2013-12-27

NPM 129-2013

Requesting Entity: Duty Free Philippines Corporation (Duty Free)

Issues Concern: Rounding off Decimals

 

Details

Whether there are restrictions or limitations in the exercise of bid evaluation pertaining to rounding off the amounts indicated in bids into decimal places.

Unless the Bidding Documents require that bids should follow a specific number of decimal places for bid prices, differences in the number of decimal places will not render the bid incomplete and non-responsive. in the absence of such instruction, the Bids and Awards Committee (BAC) may adopt the generally accepted rules on the number of decimal places that will be maintained in rounding off bid prices, and uniformly apply such rules in evaluating all the bids.