Apologies to the mods if this is a dupe and if this is the wrong sub-forum to post this.
Ouch for Colt Defense.
Another article:Quote:
US-based Remington wins bid to supply 50,000 M4 rifles for AFP, company rep says
By: Jaime Sinapit, InterAksyon.com
May 4, 2013 11:10
InterAksyon.com
The online news portal of TV5
The Bids and Awards Committee (BAC) of the Department of National Defense (DND) has declared the United States-based Remington company the winning bidder to supply 50,629 pieces of M4 rifles, according to the Philippine representative of the company. The bid was for little less than P2-billion.
"Remington was declared the winning single calculated bid on the AFP requirement for 50,629 pieces M4 cal 5.56mm assault rifles," Neri Dionisio, head of the P.B. Dionisio & Co., Inc., said. Dionisio is the official local representative of Remington.
In a follow-up phone interview, Dionisio said the bidding was conducted on Tuesday at the DND. Apart from Remington, it was participated in by Colt Defense, Sig Sauer and Manroy, he added.
"Remington submitted a total bid price of P1,944,261,591.66, saving government coffers P1,245,365,408.34, (based on) the total authorized budget of contract of P3,189,627,000." This would place the price for each rifle at around P38,400, or around $960.
Even as Dionisio announced Remington's winning bid, however, a source from the DND-BAC said they expected at least one of the losing bidders, particularly Colt, to file a motion for reconsideration.
"We've been expecting that, but we're confident the DND-BAC is certain they got the right bidder. With or without the contest of Colt we will be filing our request for a post-qualification bid on Friday," Dionisio said.
The post-qualification process will revalidate the documents for bidding. After this, the DND-BAC moves to the conduct of a pre-delivery inspection of the items from the winning bidder.
"A group from DND, most probably the Technical Group (TWG), will be going to the factory in the US to inspect the firearms. If there is no problem then the DND-BAC will finally award the contract to Remington," Dionisio said.
Quote:
http://www.philstar.com/headlines/20...ult-rifle-deal
US-based firm lone qualified bidder in assault rifle deal
(The Philippine Star) | Updated May 7, 2013 - 12:00am
MANILA, Philippines - A US-based company has been declared the single eligible bidder during the defense department’s bidding for the acquisition of more than 50,000 assault rifles.
Remington Arms Co. offered to supply 50,629 assault rifles for P1.94 billion, lower than the P3.19-billion approved budget for the project.
Remington’s bid places the unit price at P38,402.13, way below the approved unit price of P63,000.
“When the contract is finally awarded to Remington, the government shall have saved the amount of over P1.2 billion or a savings of 39 percent for the procurement of additional defense materiel,” Remington said in a statement.
Remington is based in Madison, North Carolina and produces military and law enforcement equipment as well as sporting and hunting products. In its website, the company said it distributes its products in more than 55 countries.
Under the government’s procedures, a company can only be declared a winning bidder if it satisfies the post qualification requirements and if it receives a notice of award.
Remington said three other US companies participated in the bidding, which was held last April 30 in Camp Aguinaldo in Quezon City.
The three other firms – Colt, Sig Sauer, and Manroy – were declared ineligible to bid due to failure to satisfy some requirements.
Remington said Colt had expressed its intention to file a motion for reconsideration and they were instructed by the defense department’s Special Bids and Awards Committee 1 to submit a formal request not later than May 3.
The bids and awards committee has seven calendar days to decide on motions for reconsideration filed by bidders.