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                    [ArticleID] => 137164
                    [Title] => Napocor to fasttrack reinsurance bidding
                    [Summary] => The National Power Corp. (Napocor) has asked the joint bidding committee headed by the Department of Finance (DOF) to fasttrack the second bidding of its $6.5 billion industrial all risks insurance policy.


It was learned that the state-owned power firm has already proposed to the multi-agency bidding committee to proceed with the bidding before the end of the month.


Napocor feels that the pre-qualified bidders have already had ample time to factor in the impact of last month’s terrorist attacks in the US on the global insurance market.


                    [DatePublished] => 2001-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 136706
                    [Title] => Pre-qualified bidders for Napocor reinsurance to be reduced
                    [Summary] => The five-man bidding committee tasked to oversee the reinsurance of the assets of the National Power Corp. (Napocor) is proposing to reduce the number of pre-qualified bidders for the state-run power firm’s reinsurance auction.


"There was a proposal within the committee to trim down the pre-qualified bidders," Napocor president Jesus N. Alcordo said but declined to say how many pre-qualified bidders will be left. He said the committee will decide on Oct. 18.


                    [DatePublished] => 2001-10-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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            [2] => Array
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                    [ArticleID] => 134916
                    [Title] => GSIS won’t conduct separate bidding for Napocor insurance
                    [Summary] => The Government Service Insurance System (GSIS) has decided not to conduct its own separate bidding for the $6.5 billion insurance of the assets of the National Power Corp., it was learned last night.


In a telephone call to The STAR, a spokesman said GSIS president and general manager Winston Garcia decided not to conduct its own bidding in deference to Finance Secretary Jose Isidro Camacho who chairs the joint bidding committee created by Malacañang.


The GSIS was earlier poised to conduct its own bidding, according to industry sources.


                    [DatePublished] => 2001-09-27 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Business
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COMPANIES INC

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                    [ArticleID] => 137164
                    [Title] => Napocor to fasttrack reinsurance bidding
                    [Summary] => The National Power Corp. (Napocor) has asked the joint bidding committee headed by the Department of Finance (DOF) to fasttrack the second bidding of its $6.5 billion industrial all risks insurance policy.


It was learned that the state-owned power firm has already proposed to the multi-agency bidding committee to proceed with the bidding before the end of the month.


Napocor feels that the pre-qualified bidders have already had ample time to factor in the impact of last month’s terrorist attacks in the US on the global insurance market.


                    [DatePublished] => 2001-10-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 136706
                    [Title] => Pre-qualified bidders for Napocor reinsurance to be reduced
                    [Summary] => The five-man bidding committee tasked to oversee the reinsurance of the assets of the National Power Corp. (Napocor) is proposing to reduce the number of pre-qualified bidders for the state-run power firm’s reinsurance auction.


"There was a proposal within the committee to trim down the pre-qualified bidders," Napocor president Jesus N. Alcordo said but declined to say how many pre-qualified bidders will be left. He said the committee will decide on Oct. 18.


                    [DatePublished] => 2001-10-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                (
                    [ArticleID] => 134916
                    [Title] => GSIS won’t conduct separate bidding for Napocor insurance
                    [Summary] => The Government Service Insurance System (GSIS) has decided not to conduct its own separate bidding for the $6.5 billion insurance of the assets of the National Power Corp., it was learned last night.


In a telephone call to The STAR, a spokesman said GSIS president and general manager Winston Garcia decided not to conduct its own bidding in deference to Finance Secretary Jose Isidro Camacho who chairs the joint bidding committee created by Malacañang.


The GSIS was earlier poised to conduct its own bidding, according to industry sources.


                    [DatePublished] => 2001-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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Napocor to fasttrack reinsurance bidding

By Donnabelle L. Gatdula | October 19, 2001 - 12:00am

The National Power Corp. (Napocor) has asked the joint bidding committee headed by the Department of Finance (DOF) to fasttrack the second bidding of its $6.5 billion industrial all risks insurance policy. It was...

Business

Pre-qualified bidders for Napocor reinsurance to be reduced

By Donnabelle L. Gatdula | October 15, 2001 - 12:00am

The five-man bidding committee tasked to oversee the reinsurance of the assets of the National Power Corp. (Napocor) is proposing to reduce the number of pre-qualified bidders for the state-run power firm’s...

Business

GSIS won’t conduct separate bidding for Napocor insurance

September 27, 2001 - 12:00am

The Government Service Insurance System (GSIS) has decided not to conduct its own separate bidding for the $6.5 billion insurance of the assets of the National Power Corp., it was learned last night. In a telephone...

Business