MANILA, Philippines — The National Food Authority wants more bidders for the procurement of 250,000 metric tons (MT) of rice as part of the planned government-to-private sector (G2P) importation scheme. During the pre-bidding conference Thursday, only 11 bidders bought bid documents for the the 250,000 MT (25 percent brokens, long grain white rice, well-milled) to be divided in eight lots. Although the NFA did not set a target number of bidders to participate, the agency wants to have as many as possible. Based on computations, the 250,000 MT can only cover for seven days. Meanwhile, prospective bidders for the 250,000 MT may bid for any of the lots provided that the bid must be the minimum or maximum of the imported rice allocated per lot.

Source: Philippine Star July 13, 2017 07:18 UTC