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                (
                    [ArticleID] => 137827
                    [Title] => DTI requires NSC bidders to  put up P1-B guarantee bond
                    [Summary] => Prospective bidders vying to operate/lease the National Steel Corp. (NSC) facilities in Iligan City are required to put up a P1- billion cash and guarantee bond under the Terms of Reference (TOR) approved by the Evaluation Committee.


The P1-billion cash and guarantee bonds is being protested by Allengoal Steel Fabrication & Trading which claims that the "unreasonable requirement" is "grossly disproportional to the scope of the supposed lease undertaking" and "gravely discriminates against Filipino bidders in favor of the other interest."


                    [DatePublished] => 2001-10-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 137482
                    [Title] => Allengoal to block new bidding for operation of NSC
                    [Summary] => Allengoal Steel Fabrication & Trading is determined to block any further effort to re-bid the operation of the mothballed National Steel Corp. (NSC).


Industry sources said Allengoal is getting a Temporary Restraining Order (TRO) to stop the opening of bids on Oct. 23.


Allengoal, sources added, is also set to question in court the legality of the grant of any new contract to operate the NSC plant in Iligan City.


Allengoal claims that it had already entered into a valid contract with the NSC Liquidator to operate the Iligan plant.


                    [DatePublished] => 2001-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

HOTTICK INVESTMENT LIMITED

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 137827
                    [Title] => DTI requires NSC bidders to  put up P1-B guarantee bond
                    [Summary] => Prospective bidders vying to operate/lease the National Steel Corp. (NSC) facilities in Iligan City are required to put up a P1- billion cash and guarantee bond under the Terms of Reference (TOR) approved by the Evaluation Committee.


The P1-billion cash and guarantee bonds is being protested by Allengoal Steel Fabrication & Trading which claims that the "unreasonable requirement" is "grossly disproportional to the scope of the supposed lease undertaking" and "gravely discriminates against Filipino bidders in favor of the other interest."


                    [DatePublished] => 2001-10-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 137482
                    [Title] => Allengoal to block new bidding for operation of NSC
                    [Summary] => Allengoal Steel Fabrication & Trading is determined to block any further effort to re-bid the operation of the mothballed National Steel Corp. (NSC).


Industry sources said Allengoal is getting a Temporary Restraining Order (TRO) to stop the opening of bids on Oct. 23.


Allengoal, sources added, is also set to question in court the legality of the grant of any new contract to operate the NSC plant in Iligan City.


Allengoal claims that it had already entered into a valid contract with the NSC Liquidator to operate the Iligan plant.


                    [DatePublished] => 2001-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

DTI requires NSC bidders to put up P1-B guarantee bond

By Marianne V. Go | October 25, 2001 - 12:00am

Prospective bidders vying to operate/lease the National Steel Corp. (NSC) facilities in Iligan City are required to put up a P1- billion cash and guarantee bond under the Terms of Reference (TOR) approved by the...

Business

Allengoal to block new bidding for operation of NSC

By Marianne V. Go | October 22, 2001 - 12:00am

Allengoal Steel Fabrication & Trading is determined to block any further effort to re-bid the operation of the mothballed National Steel Corp. (NSC). Industry sources said Allengoal is getting a Temporary Restraining...

Business