!.1-.rrro io'*"" I 'li,'"f CONTRACT iR E"citvEI)

B 60:oE KNOW ALL MEN BY THESE PRESENTS: APT g>-E DArE ,t=='=tiE. This Contract, made and entered into in , , this _ day of EEg by and between: FEHrE The HOUSING AND IAND USE REGULATORY BOARD [HLURB], a government agency with office address at Sunnymede lT Center, 1614 Quezon Ave., Brgy. South Triangle, Quezon City, Philippines, represented herein by its Commissioner and Chief Executive Officer, ATW. LLOYD CHRISTOPHER A, LAO, who is duly authorized to represent the same in this o.9 agreement, herein referred to as the "PROCURING ENTffY" E€ " AND EuooDobo, IIIl!O (!,c= MOTOR AND CARRIAGE, lNC. [Hyundai North EDSA], a firm incorporated under the laws of the Philippines, with postal address at 1142 EDSA Balintawak Apolonio Samson, ul--ds.! (9gE Quezon City, duly represented by its General Manager MR. JORGE D. GERONIMO, herein .EqJlE OF referred to as the "SUPPIIER", (9

WITNESSETH THAT

WHEREAS, on 15 February 2018, the HTURB posted in the Philippine Government d, Electronic Procurement system [PhilGEPSl, an lnvitation to Bid B] for the procurement of UI ca Fout I4l Motot Vehicles with an Approved Budget for the Contract [ABC] amounting to Four Ep Million Eight Hundred Forty Thousand Pesos [Php4,8210,000.00], inclusive of taxes, under INJ\5 - section 10 [competitive Bidding] ofthe 2016 Revised lmplementing Rules and Regulations of Ei R.A. No. 918d or the Government Procurement Reform Act; ,(:'a WHEREAS, pursuant to Bids and Awards Committee [BAC] Resolution No. lB-001-04, OF dated 19 March 2018, the 8AC recommended the award of the contract to Motor and d-qXE carriage lnc. [Hyundai North EDSA], since its offer is the srngre colcutoted ond Responsive uOU Bidi c, NOW, THEREFORE, for and in consideration of the foregoing premises and of the terms and covenants hereinafter specified, the parties hereto have signed and hereby agree as follows:

1. ln this Agreement words and expressions shall have the same meanings as are @ Oc( respectively assigned to them in the Conditions of Contract referred to. JJ<= .I 2 The SUPPIIER shall deliver four [4] units of Hyun doi rucson 2.0 GL 6 AT 2wD Gas uJcO r! to the PRoCURI{G ENTTW, each unit with [a] official Receipt and certificate of o-E-U Registration [ORCR], [b] Three [3] years LTO Registration Ired plate] orconduction PE sticker, and [c] Third-party Liability lnsurance. Xl EE IO 96 3 The following documents shall be O.9 deemed to form and be read and construed as >F part this OE of Agreement, viz.: the Bid Form price =o(J [a] and the Schedule submitted by the Bidder; Ib] the Technical Specifications; and

[cl the PROCURTNG ENTtTy,s Notification of Award. \

R\) PaEe 7 ol1 4. For and in consideration of the faithful performance by the SUPPLIER of its duties and obligations under this Contract, the PROCURING ENTITY agrees to pay the SUPPTIER the total amount of FOUR MITLION SEVEN HUNDRED EIGHTY THOUSAND Philippine Pesos [PhP4,780,mO.00], inclusive of twelve percent [12%] VAT, and other taxes, legal fees and charges, which shall be paid in accordance with pertinent accounting and auditing rules, regulations.

5. Payment to the SUPPIIER shall be made within fifteen [15] days after delivery of the units through check wilh Certificote of Finol Tox Withheld ot Source lBlR Form No. 8A61 and Certificote of Creditoble Tox Withheld ot Source lBlR Form No. 2304.

5. The SUPPIIER commits to a warranty of five [5] years and unlimited milleage.

7. ln consideration of the payments to be made by the PROCURING ErTITY to the SUPPIIER as hereinafter mentioned, the SUPPLIER hereby covenants with the PROCURING E TffY to provide the goods and services and to remedy defects therein in conformity in all respects with the provisions of the Contract.

8. The PROCURING ENTITY hereby covenants to pay the SUPPLIER in consideration of the provision of the goods and services and the remedying of defects therein, the Contract Price or such other sum as may become payable under the provisions of the contract at the time and in the manner prescribed by the contract.

lN WITNESS WHEREOF, the parties to this Contract have on the day and year first above given, hereunto set their hands at the bottom of this page and on the I -hand margin of all the other pages of this Contract ltk cHRffioPHER A. TAo JORGE D. GERONIMO Com ioner and Chief Executive Officer General Manager For the Procuring Entity For the Supplier

SIGNED IN THE PRESENCE OF:

Jfu,}, RIA CORAZON A. GOTEZ.CABRERA THET"Mh M. JACOBO Commissioner Sales Consultant

Ce rtifi ed f u nds ova i lo ble jhtuM,t MARIZET B. CORREOS Chief Accountant 00 -C1rcto]l -A8- a\ a5+

0 3 APR znr6

)' ,,IN Page 2 of 3 f

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES ] QUEZON CITY I s.s.

Before me, a Notary Public, for and in Quezon City, , personally appeared the following individuals, bearing their respective identification documents as follows:

ldentification Nome Ploce/Dote of lssue Document/No. LLOYD CHRISTOPHER A. TAO Quezon CiW/ For the PROCURING ENTITY HLURB lD No.015379 OZ May 2OL7 Housirg and Land Use Reguhtory Board

JORGE D. GERONIMO For the SUPPLIER Driw"s l-r"cnr tio tfo Motor and Carriage, lnc. Nrrl - (3 . ollq,lo \,\qil Lt^Al 2L lfr. Lotl IHyundai North EDSA]

known to me and to me known to be the same individuals who executed the foregoing Contract Iwith its Annexes], and acknowledging to me that the same is their free act and deed and that of the judicial entities that they respectively represent.

This Contract consisting of 3 pages [exclusive of its Annexes], including the page whereon this Acknowledgment is written, has been signed on each and every page hereof by the parties hereto and their instrumental witnesses, and sealed by my notarial seal.

whereof, I have hereunto set my hand and affixed my notarial seal this o I $$RYultr' in Quezon City, Metro Manila, Philippines.

NOTARY PUBLIC

Atty HERCU P GUZMAN l{ot.ry Publlc tor and cnCllw L€rr( lhtiln UnlalDoc 8 Ou.:or:ity PTR Io 5522 01.02.2010 Doc. No. Quolor :ity 4q{-r2 MCLE Er.l'pUon tV llo 00!997 Datrd [!sy t4 2CiJ Page No. IBP tio ,06808l 01.20-20ll Quezor :il Book No. Admln No [P.2a7 (2017.2018i ill Jurisdlctlon Quezo. City Series of 2018. 118A -una St Prolecl4 euezor:ity

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