For 1st Public Auction

Loans Management and Recovery Department

Acquired Assets Division
Suburbia Commercial Center, Maimpis
City of San Fernando, Pampanga
`

INVITATION TO BID
October 27, 2023

The Pag-IBIG Fund Committee on Disposition of Acquired Assets hereby invites interested bidders who
would like to purchase Pag-IBIG Fund acquired assets through Sealed Public Auction:

NO. OF
PERIOD OF ACCEPTANCE OPENING OF BID
TRANCHE AREAS UNITS
OF BID OFFERS OFFERS
Bulacan, Nueva Ecija,
SPB 67th Pampanga, Tarlac, 120 November 13, 2023- November 21, 2023
Zambales November 17, 2023

GENERAL GUIDELINES
1. Interested parties are required to secure copies of OFFER TO BID (HQP-AAF-103 if individual bidder or
HQP-AAF-238 if juridical entity) from the Acquired Asset frontline counter servicing, SUBURBIA
COMMERCIAL CENTER MAIMPIS CITY OF SAN FERNANDO PAMPANGA or may download the form at
https://www.pagibigfund.gov.ph/acquiredassets.html.
2. Properties shall be sold on an “AS IS, WHERE IS” basis which means that the bidder accepts whatever the
physical status of the property/ies (including whether it is occupied or not).
3. All interested bidders are encouraged to inspect the property/ies before tendering their offer/s. The list of the
properties for public auction may be viewed at https://www.pagibigfund.gov.ph/acquiredassets.html.
4. Discounts are not applicable during First Sealed Public Auction.
5. Bidders are encouraged to visit our website, https://www.pagibigfund.gov.ph/acquiredassets.html five (5) days
prior the actual opening of bid offers, to check whether there is any erratum posted on the list of properties
posted under the sealed public auction.
6. Bidders shall be required to register at the Acquired Asset frontline counter servicing (SUBURBIA
COMMERCIAL CENTER MAIMPIS CITY OF SAN FERNANDO PAMPANGA) prior to dropping of sealed bid
offer/s. Only bid offers from registered bidders shall be accepted and a registration stub will be issued as
proof of registration.
7. Acceptance of sealed bid offer/s shall be from 8:00 AM to 4:00 PM starting November 13, 2023 until
November 17, 2023. Bidders are advised to submit their proposals together with a photocopy of their valid
Identification (ID) card and latest proof of income only on the scheduled date of batch. No proposals shall be
accepted earlier or later than the scheduled date.
8. Bidders may designate their Authorized Representatives, provided they shall issue the following documents:
a. Notarized Special Power of Attorney (SPA) for individual-bidder. The SPA for bidding may be downloaded
at www.pagibigfund.gov.ph (Other properties for sale-Disposition of Acquired Assets for Public Auction).
Also, if the bidder is based or is currently working abroad, SPA must be notarized at the Philippine
Consular Office.
b. Secretary’s Certificate for company-bidder .
NOTE: The suggested template of the said documents may be downloaded at www.pagibigfund.gov.ph.
9. The bidder shall state in words and in figures the amount of his/her bid offer and his/her chosen mode of
payment in the Offer to Bid form. The BID OFFER shall not be lower than the minimum bid set by the Fund.
10. In the absence of a chosen mode of payment, the default mode of payment shall be long-term installment.
Likewise, change on the winning bidder’s mode of payment shall not be allowed.
11. The determination of winning bidders shall be on the following dates and details:
Tranche Date of Opening of Bid Offer/s Location
SPB 67th Tranche November 21, 2023 SUBURBIA COMMERCIAL CENTER MAIMPIS
CITY OF SAN FERNANDO PAMPANGA

12. The determination of winning bidders shall be monitored by a representative from Commission on Audit
(COA). Attendance of the bidder/s in the venue is not required.
13. The bidder who offers the highest bid shall be declared as the winner.
14. In case there are identical offers constituting the highest bids, the tie shall be resolved by considering the
Mode of Payment. The priority in terms of mode of payment shall be as follows:
a. Cash;
b. Short-Term Installment;
c. Long-Term Installment.
15. If there is still a tie after considering the mode of payment, it shall be resolved through toss coin. However, in
case there are more than two (2) highest bidders, the tie shall be resolved through draw lots.
16. The result of the sealed public auction shall be released and posted in the Pag-IBIG Fund official website at
www.pagibigfund.gov.ph. Bidders are encourage to check the result on the said website.
17. Any notification sent by Pag-IBIG Fund through email or SMS shall be sufficient compliance to the notification
requirements and presumed to be deemed received by the buyer. In this regard, the Bidder shall ensure that
the contact number and email address indicated on the Offer to Bid are active. The bidder shall inform Pag-
IBIG Fund immediately on any changes on his/ her contact number.
18. The winning bidder shall be required to pay his/ her BID BOND equivalent to five percent (5%) of the BID
OFFER and shall be paid within 3 working days after the publication of the winning bidders. It shall be in
Philippine Currency and may be in the form of cash or manager’s check payable to Pag-IBIG Fund. It shall
likewise serve as the down payment of the winning bidder.
19. For bidders whose bid bond is in the form of a MANAGER’S CHECK, they are advised to adhere to the
current Bangko Sentral ng Pilipinas’ (BSP) memorandum relative to the proper handling of checks: Do not
staple, crumple, fold, bind or pin checks.
20. Payment of the remaining ninety five percent (95%) bid offer balance may either be thru any of the following
modes:
a. Cash Payment – the balance on the net selling price shall be paid not later than thirty (30) calendar days
from date of signing of Deed of Conditional Sale (DCS).
b. Short-Term Installment – the balance on the net selling price shall be paid in equal monthly installment
and provided the chosen payment term shall not exceed twelve (12) months subject to an interest based
on the Full Risk-Based Pricing Framework for three-year fixing period.
c. Long-Term Installment – payment shall be in the form of monthly amortization based on the approved
term, which may be up to a maximum of thirty (30) years with the following considerations:

c.1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 428
Omnibus Guidelines on Sale of Pag-IBIG Fund Real and Other Properties Acquired;
c.2. The amount shall be the bidder’s bid offer, net of 5% downpayment;
c.3. The bidder shall be required to file his/her Long-Term Installment application and pay the processing
fee within thirty (30) calendar days upon receipt of Notice of Award:
- Incidental expenses and
- Equity, if applicable;
c.4. In case the Bid Offer, net of the five percent (5%) bid bond and additional discount, is still higher
than the approved amount for Long Term Installment, the amount in excess shall be treated as
equity. It shall be paid by the buyer within thirty (30) calendar days from receipt of Notice of
Conditional Approval of Sale (NCAS).
c.5. Original Borrowers who wish to participate on the Sealed Public Auction sale shall not be allowed to
avail long term installment as mode of payment. They may only submit offer thru cash or short-term
installment basis.
c.6. In case the application has been disapproved due to buyer’s fault, the 5% bidder’s bond shall be
forfeited in favor of the Fund.
21. If the winning bidder fails or refuses to push through with the purchase of the property, or fails to pay in full the
remaining balance within 30 calendar days from receipt of the Notice of Award (NOA), he shall lose his right
as winning bidder and the 5% bidder’s bond shall be forfeited in favor of the Fund.
22. The Fund shall declare the next highest bidder as the winning bidder in case the sale to the original winning
bidder is cancelled. He shall be required to pay a down payment of 5% of the offer price within 15 calendar
days from notification and the remaining ninety five percent (95%) of his/her bid offer within the approved
payment period. In the event there are two (2) or more complying bidders, the same rule on resolving ties
shall be applied.
23. Interested parties may visit the Acquired Assets Division and contact Ms. Maricel T. David, at cellphone
No. 0960-913-7926. You may also email your inquiries for further
details at snfernandolmrd.aad@pagibigfund.gov.ph.

PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, TO WAIVE ANY FORMALITY
THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE FUND.
THE DECISION OF THE FUND IS FINAL AND BINDING.

SGD. NANETTE GERARDA T. ABILAY

Acting Chairman, Committee on Disposition of
Acquired Assets
Public Auction - For Individual Bidder HQP-AAF-103
(V02, 02/2022)

Rank
OFFER TO BID
__________________
Date

To: Pag-IBIG FUND COMMITTEE ON DISPOSITION OF ACQUIRED ASSETS

Relative to your “INVITATION TO BID” on sale of acquired properties published in the newspaper/Pag-IBIG Fund
website to be held on _____________ at _________________________________________________________,
I/We hereby submit my/our bid offer, subject to the terms and conditions stated in the Invitation to Bid and the
Guidelines Implementing the Sale of Pag-IBIG Fund Acquired Assets Program:

1. Location of the Property: ____________________________________________________________

_______________________________________________ Property Number: ___________________
2. Bid Offer: _________________________________________________________________________
____________________________________________________________ (P__________________)
3. Bid Bond (5% of Bid Offer): __________________________________________________________
____________________________________________________________ (P__________________)
4. Mode of Payment for the Remaining Balance of Bid Offer:
 Cash (to pay within 30 days from signing of Deed of Conditional Sale)
 Short-Term Installment (to pay within _______ months) (maximum of 12 months)
 Long-Term Installment (to pay within _______ years) (maximum of 30 years) (please attached a
copy of proof of income)

I/We certify that the information/statement indicated herein is to my/our knowledge, true, correct, complete and
updated and I/We investigate and inspect the said property/ies before tendering this offer to bid. The signature
appearing below is genuine. Further, I/We hereby agree of the following:

1) To purchase the property/ies on “As Is, Where Is” basis on which I/We accept the physical condition
of the property/ies including whether it is occupied or not. That whatever fees and dues pertaining to the
property/ies shall be for the account of the me/us;

2) To hold Pag-IBIG Fund free and harmless from liabilities of whatever kind and nature arising out of
any legal claims which may be filed by third persons involving the property/ies;

3) That I/We enclose my/our CASH payment/s or MANAGER’s CHECK payable to the Pag-IBIG FUND,
as bidder’s bond in the amount at least 5% of the bid offer. The said deposit shall be returned if my/our
proposal is deemed unsuccessful, or applied as part of the payment if my/our bid is declared as winning bid
by the Pag-IBIG FUND.

4) That Pag-IBIG Fund has no commitment and makes no guaranty to approve the offer, as it is
understood to be subject to final approval by Pag-IBIG Fund’s approving authorities.

5) That should my/our application be approved, notarial and all other fees pertaining to the purchase of
the property/ies shall be for my/our account.

6) That any notification posted on website and/or sent by Pag-IBIG Fund through email or SMS shall be
sufficient compliance to the notification requirement and presumed to be deemed and received.

Further, I/We hereby agree and consent to the collection, generation, use, processing, storage and retention of
my/our personal information for the purpose/s of acquiring a Pag-IBIG Fund acquired asset/s. I/We understand that
my/our personal information will be shared with other government agencies and to third parties as may be
necessary, for the use of which shall be governed by the Republic Act No. 10173 also known as the “Data Privacy
Act of 2012” and its implementing rules and regulations, I/We promise to notify Pag-IBIG Fund should there be any
amendment or changes in my/our personal information indicated herein.

_______________________ ______________________________ _________________

SIGNATURE OF BIDDER SIGNATURE OF AUTHORIZED DATE
OVER PRINTED NAME REPRESENTATIVE OVER PRINTED NAME
(IF ANY)

THIS FORM MAY BE REPRODUCED. NOT FOR SALE. Page 1 of 2

 HQP-AAF-103
(V02, 02/2022)
Bidder Information (Please write in BLOCK LETTERS):
NAME OF BIDDER DATE OF BIRTH
Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

PRESENT OCCUPANT FORMER OWNER Pag-IBIG MEMBER WITH PREVIOUS / EXISTING Pag-IBIG HOUSING LOAN ACCOUNT
 Yes  Yes  Yes  Yes, Housing Account Number (HAN) : ________________________________________
 No  No  No  No

MARITAL STATUS GENDER CITIZENSHIP

 Single/Unmarried  Widow/er  Annulled  Male
 Married  Legally Separated  Female

Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)

NAME OF SPOUSE (IF MARRIED) DATE OF BIRTH

Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

PERMANENT HOME ADDRESS CONTACT DETAILS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
Cellphone No.
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name

Home Tel. No.

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

Employer/Business Tel. No.

EMPLOYER/BUSINESS NAME
Personal Email Address

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
PREFERRED MAILING ADDRESS
 Present Home Address
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
 Employer/Business Address
 Permanent Home Address
Authorized Representative Information (if applicable) (Please write in BLOCK LETTERS):
(Note: Authorized Representatives must be armed with an SPA when transacting with Pag-IBIG Fund)
NAME OF AUTHORIZED REPRESENTATIVE DATE OF BIRTH
Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

FORMER OWNER Pag-IBIG MEMBER GENDER MARITAL STATUS CITIZENSHIP

 Yes  Yes  Male  Single/Unmarried  Widow/er  Annulled
 No  No  Female  Married  Legally Separated

Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)

PERMANENT HOME ADDRESS CONTACT DETAILS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
Cellphone No.
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
Home Tel. No.

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
Employer/Business Tel. No.

EMPLOYER/BUSINESS NAME
Personal Email Address

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
PREFERRED MAILING ADDRESS
 Present Home Address
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
 Employer/Business Address
 Permanent Home Address

THIS PORTION IS FOR Pag-IBIG FUND USE ONLY

Reviewed by Date Remarks

Noted by Committee on Disposition of Acquired Assets

THIS FORM MAY BE REPRODUCED. NOT FOR SALE. Page 2 of 2

 Public Auction - For Juridical Entity HQP-AAF-238
(V02, 02/2022)

Rank
OFFER TO BID
__________________
Date

To: Pag-IBIG FUND COMMITTEE ON DISPOSITION OF ACQUIRED ASSETS

Relative to your “INVITATION TO BID” on sale of acquired properties published in the newspaper/Pag-IBIG Fund
website to be held on _____________ at _________________________________________________________,
I/We hereby submit my/our bid offer, subject to the terms and conditions stated in the Invitation to Bid and the
Guidelines Implementing the Sale of Pag-IBIG Fund Acquired Assets Program:

1. Location of the Property: ____________________________________________________________

_______________________________________________ Property Number: __________________
2. Bid Offer: _________________________________________________________________________
____________________________________________________________ (P__________________)
3. Bid Bond (5% of Bid Offer): __________________________________________________________
____________________________________________________________ (P__________________)
4. Mode of Payment for the Remaining Balance of Bid Offer:
 Cash (to pay within 30 days from signing of Deed of Conditional Sale)
 Short-Term Installment (to pay within _______ months) (maximum of 12 months)

I/We certify that the information/statement indicated herein is to my/our knowledge, true, correct, complete and
updated and I/We investigate and inspect the said property/ies before tendering this offer to bid. The signature
appearing below is genuine. Further, I/We hereby agree of the following:

1) To purchase the property/ies on “As Is, Where Is” basis on which I/We accept the physical condition of
the property/ies including whether it is occupied or not. That whatever fees and dues pertaining to the
property/ies shall be for the account of the me/us;

2) To hold Pag-IBIG Fund free and harmless from liabilities of whatever kind and nature arising out of any
legal claims which may be filed by third persons involving the property/ies;

3) That I/We enclose my/our CASH payment/s or MANAGER’s CHECK payable to the Pag-IBIG FUND, as
bidder’s bond in the amount at least 5% of the bid offer. The said deposit shall be returned if my/our proposal is
deemed unsuccessful, or applied as part of the payment if my/our bid is declared as winning bid by the Pag-
IBIG FUND.

4) That Pag-IBIG Fund has no commitment and makes no guaranty to approve the offer, as it is understood
to be subject to final approval by Pag-IBIG Fund’s approving authorities.

5) That should my/our application be approved, notarial and all other fees pertaining to the purchase of the
property/ies shall be for my/our account.

6) That any notification posted on website and/or sent by Pag-IBIG Fund through email or SMS shall be
sufficient compliance to the notification requirement and presumed to be deemed and received.

Further, I/We hereby agree and consent to the collection, generation, use, processing, storage and retention of
my/our personal information for the purpose/s of acquiring a Pag-IBIG Fund acquired asset/s. I/We understand that
my/our personal information will be shared with other government agencies and to third parties as may be
necessary, for the use of which shall be governed by the Republic Act No. 10173 also known as the “Data Privacy
Act of 2012” and its implementing rules and regulations, I/We promise to notify Pag-IBIG Fund should there be any
amendment or changes in my/our personal information indicated herein.

_______________________ ______________________________ _________________

SIGNATURE OF BIDDER SIGNATURE OF AUTHORIZED DATE
OVER PRINTED NAME REPRESENTATIVE OVER PRINTED NAME
(IF ANY)

THIS FORM MAY BE REPRODUCED. NOT FOR SALE.

Page 1 of 2
 HQP-AAF-238
(V02, 02/2022)
Company/Organization Information (Please write in BLOCK LETTERS):
NAME OF COMPANY/ORGANIZATION DATE ESTABLISHED

m m d d y y y y

TRADE NAME (IF ANY) DATE OF INITIAL OPERATION

m m d d y y y y
TYPE OF ORGANIZATION CONTACT DETAILS
 Sole Proprietorship  Corporation  Cooperative  Others (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
 Partnership  Local Government Unit (LGU)  Association _________________
Cellphone No.
NATURE OF BUSINESS NO. OF YEARS IN BUSINESS

Pag-IBIG EMPLOYER NO. TAX IDENTIFICATION NUMBER (TIN)

Telephone. No.

OFFICE ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name

Email Address
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

NAME OF KEY OFFICERS (Please attach separate sheet if necessary) Pag-IBIG MID NUMBER/RTN POSITION

NAME OF AFFILIATED COMPANIES & RELATED

BUSINESSES OFFICE ADDRESS NATURE OF BUSINESS
(Please attach separate sheet if necessary)

Authorized Representative Information (Please write in BLOCK LETTERS):

(Note: Authorized Representatives must be armed with an SPA / Secretary’s Certificate when transacting with Pag-IBIG Fund)
NAME OF AUTHORIZED REPRESENTATIVE DATE OF BIRTH
Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

FORMER OWNER Pag-IBIG MEMBER GENDER MARITAL STATUS CITIZENSHIP

 Yes  Yes  Male  Single/Unmarried  Widow/er  Annulled
 No  No  Female  Married  Legally Separated
Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)

PERMANENT HOME ADDRESS CONTACT DETAILS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
Cellphone No.
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
Home Tel. No.

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
Employer/Business Tel. No.

EMPLOYER/BUSINESS NAME
Personal Email Address

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
PREFERRED MAILING ADDRESS

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
 Present Home Address
 Employer/Business Address
 Permanent Home Address

THIS PORTION IS FOR Pag-IBIG FUND USE ONLY

Reviewed by Date Remarks

Noted by Committee on Disposition of Acquired Assets

Page 2 of 2
THIS FORM MAY BE REPRODUCED. NOT FOR SALE.
 9. Drop the accomplished Registration form in the Registration drop box and your sealed Bid
Offer (please refer to item no.5 for your reference) in the Bid drop box.

10. At cut-off time, all bid offers received shall be opened on the scheduled date posted. Any bid
offers submitted after the cut-off time shall no longer be accepted.
11. The bidder who offers the highest bid shall be declared as the winner. Bidder/s will be
informed to pay his 5% bid bond and receive his Notice of Award within 3 working days after
the notification.

12. The result of the sealed public auction shall be released and posted at
https://pagibigfund.gov.ph/acquiredassets.html Bidders are encourage to check the result
on the said website.
13. The non-winning bidders will be informed after the opening and established the results of the
highest bid offers.

14. If the winning bidder fails or refuses to push through with the purchase of the property, or fails
to pay in full the remaining balance within 30 calendar days from receipt of the Notice of
Award (NOA), he shall lose his right as winning bidder and the 5% bidder’s bond shall be
forfeited in favor of the Fund.

PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, TO WAIVE ANY FORMALITY
THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE FUND.
THE DECISION OF THE FUND IS FINAL AND BINDING.

Note:

Please be advised that only bidders or Attorney-In-Fact are allowed in the counter servicing to maintain social distancing in the
area. You are required to wear face mask upon entry and provide your personal writing materials.

Conforme:

__________________________________
Signature over printed name of bidder or
Attorney In-Fact (if any)

(page of 2 of 2)
 INSTRUCTION TO BIDDERS

1. Select property/ies from the list of properties available for public auction posted at Pag-IBIG
Fund official website @ www.pagibigfund.gov.ph/acquiredassets.html then click properties for
sale (Public Auction with discount or with no discount/Negotiated Sale Bdiding). Bidders
should read the Invitation to Bid if Sealed Public Auction/Invitation to Submit Offer to
Purchase if Negotiated Sale Bidding posted and download the following forms:
a. Offer to bid (Sealed Public Auction) (individual or juridical)
b. Offer to Purchase (Negotiated Sale Bidding)
c. Special Power of Attorney (if applicable) and
d. Instruction to bidders
2. Inspect the chosen property/ies prior to submission of bid offer and determine if there are any
unpaid dues on the property/ies. The properties are sold on an “As Is, Where Is” basis,
whatever physical/ occupancy status and any fees, dues pertaining to the properties
shall be for the account of the winning bidder.

3. Secure two (2) copies of Offer to Bid Form if Sealed Public Auction and Offer to Purchase
if Negotiated Sale Bidding (individual bidder or juridical entity) from Acquired Asset Counter
Servicing, Suburbia Commercial Complex, Maimpis, City of San Fernando, Pampanga or
download the form at www.pagibigfund.gov.ph.

4. Fill out 2 copies of Offer to Bid if Sealed Public Auction/Offer to Purchase Forms if
Negotiated Sale Bidding (should be properly accomplished to avoid disqualification of
your bid offer/s) and AFFIX SIGNATURE on the designated portion of the form.
NOTES: a. The bid amount shall in no case be lower than the minimum
bid price indicated in the Invitation to Bid/Invitation to
Submit Offer to Purchase.
b. Selling Price will be based on your bid amount/ offer
5. Bidder shall register and submit/ drop his sealed envelope at the Acquired counter servicing in
accordance with the schedule date posted. Please provide another photocopy of valid ID upon
registration.
Enclose in the envelope the following:
a. 2 duly accomplished Offer to bid forms if Sealed Public Auction or Offer to Purchase if
Negotiated Sale Bidding
b. photocopy of valid IDs with 3 specimen signatures
c. proof of latest income if thru long term installment
d. Special Power of Attorney together with valid IDs of attorney in fact if applicable
e. Signed copy of Instruction to Bidders
6. Cut off time for submission of offer/s is at 4:00 p.m.
No more bid offer/ s shall be accepted from the unregistered bidder/ s after the cut-off
of time and date posted.
7. The opening of sealed envelopes shall be done on the date posted
(bidders are not required to attend on the opening date as the IATF still prohibits mass
gathering).
8. Should the bidder unable to register and submit their bid offer in person, the bidder may
designate his/her/their Authorized Representative provided they shall present the following
documents:
a. For individual bidder - Notarized Special Power of Attorney (SPA) together with one (1)
government issued ID each for the bidder and Authorized Representative.
NOTE: In case the bidder is an OFW, the SPA shall be duly certified and authenticated by
the Philippine Embassy or Consulate in the country where the bidder is assigned/working.
b. For juridical entity - Secretary’s Certificate together with one (1) government issued ID
each for the bidder and Authorized Representative.
NOTE: The suggested template of the said documents may be downloaded at
www.pagibigfund.gov.ph.

(page 1 of 2)
 9. Upon registration (based on the scheduled date posted), drop the sealed bid envelope to the
DESIGNATED BID BOX.
10. At cut-off time, all bid offers received shall be opened on the scheduled date posted. Any bid
offers submitted after the cut-off time shall no longer be accepted.
11. The bidder who offers the highest bid shall be declared as the winner. Bidder/s will be informed
to pay his 5% bid bond and receive his Notice of Award within 3 working days after the
notification.

12. The result of the sealed public auction shall be released and posted in the Pag-IBIG Fund
official website at www.pagibigfund.gov.ph/acquiredassets.html Bidders are encouraged
to check the result on the said website.
13. The non-winning bidders will be informed after the opening and established the results of the
highest bid offers.
14. If the winning bidder fails or refuses to push through with the purchase of the property, or fails
to pay in full the remaining balance within 30 calendar days from receipt of the Notice of Award
(NOA), he shall lose his right as winning bidder and the 5% bidder’s bond shall be forfeited in
Favor of the Fund for the Sealed Public Auction

PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, TO WAIVE ANY FORMALITY
THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE FUND. THE
DECISION OF THE FUND IS FINAL AND BINDING.

Note:

Please be advised that only bidders or Attorney-In-Fact are allowed in the counter servicing to maintain social distancing in the
area. You are required to wear face mask and face shield upon entry and provide your personal writing materials. Pag-IBIG
Fund reserves the right to suspend the scheduled Sealed Public Auction in the event that provision provided in the
IATF requirements are violated.

Conforme:

Signature over printed name of bidder or

Attorney In-Fact (if any)

(page of 2 of 2)
 HQP-AAF-328
(V01, 08/2023)

REGISTRATION FORM
(SALE OF Pag-IBIG FUND REAL AND OTHER PROPERTIES ACQUIRED
THROUGH INTERIM PUBLIC AUCTION)
Date of submission/
registration
Tranche No.

Bidder's Name
Last Name First Name Middle Name Name Extension (ex. Jr. III)

Date of Birth
Gender Male Female

Marital Status Single/Unmarried Married Widower Annulled Legally Separated

Present Address

Contact Nos.
Email Address
Name of Attorney in
Fact/Representative
(if applicable) Last Name First Name Middle Name Name Extension (ex. Jr. III)

Bidder’s Copy
------------------------------------------------------------------------------------------

HQP-AAF-328
(V01, 08/2023)

REGISTRATION FORM
(SALE OF Pag-IBIG FUND REAL AND OTHER PROPERTIES ACQUIRED
THROUGH INTERIM PUBLIC AUCTION)
Date of submission/
registration
Tranche No.

Bidder's Name
Last Name First Name Middle Name Name Extension (ex. Jr. III)

Date of Birth
Gender Male Female

Marital Status Single/Unmarried Married Widower Annulled Legally Separated

Present Address

Contact Nos.
Email Address
Name of Attorney in
Fact/Representative
(if applicable) Last Name First Name Middle Name Name Extension (ex. Jr. III)

Pag-IBIG Fund’s Copy

Special Power of Attorney for Authorized
Representative of Bidder

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I/We ___________________________________________, Filipino citizen/s, of legal
age, (single/married), with residence and postal address at _____________________________
____________________________________________________________________________
do hereby name, constitute, and appoint _______________________________, of legal age,
(single/married), with residence and postal address at __________________________________
____________________________________________________________________________
being my ________________ (relation) to be my/our true and lawful Attorney-in-Fact, for me/us
in my/our name, place and stead, to do and perform the following acts, to wit:

1. To make, sign and submit any documents which may be required by the Pag-IBIG
Fund subject of my/our participation in public bidding and post-bid documentation
thereafter if in case that my/our bid is declared as the winning bid, including documents
relative to my chosen mode of payment that may either be in Cash, Short Term
Installment, or Long-Term Installment;

2. To receive the Notice of Award issued by the Committee on Disposition of Acquired

Assets of Pag-IBIG Fund once my/our bid offer is declared as the winning bid;

3. To receive my/our bidding documents, from Committee on Disposition of Acquired

Assets of Pag-IBIG Fund once my/our bid offer is declared as non-winning/ineligible
bid;

4. In case my/our chosen mode of payment is through long term installment:

4.1. To received notices issued by the Pag-IBIG Fund once my/our application is
approved;

4.2. To receive my/our housing documents from Pag-IBIG Fund and refund of
advance insurance payment in case my/our application is disapproved; and

5. In case my/our chosen mode of payment is through cash/short-term installment:

6. To present, received/claim any documents from Pag-IBIG Fund particularly the

Owner’s Duplicate Certificate of Title and the Cancellation of Mortgage upon full
payment of the said property covered by Transfer/Condominium Certificate of Title
No._____________________________________;

7. To make, sign and execute, for and in my/our behalf, any documents which may be
necessary for the release of the certificate of title;

8. To receive and encash the check due me/us from Pag-IBIG Fund, representing refund
by reason of full payment and;

9. To represent and transfer official business with the Office of the Registry of Deeds,
Assessor’s Office, Bureau of Internal Revenue and other agencies in-connection with
the cancellation of mortgage and transfer of title.

10. To perform other acts that the bidder is required to perform in relation to the said public
auction of the Fund.

HEREBY GIVING AND GRANTING unto my/our said Attorney-in-Fact full power and
authority to do and perform each and every act which may be necessary or convenient, in
connection with any of the foregoing as fully to all intents and purposes as I/We might or could
do, if personally present and acting in person, HEREBY RATIFYING AND CONFIRMING all that
my said Attorney-in-Fact may also do or cause to be done under and by virtue of these presents.

Page 1 of 2
 IN WITNESS WHEREOF, I have hereunto set my hand this _______ day of _________,
_____ at the Province/City of ______________________________.

____________________________ ____________________________
Attorney-in-Fact Bidder

____________No._____________ _____________No.____________
Date of Issue _________________ Date of Issue _________________
Expiry Date __________________ Expiry Date __________________

With marital consent

____________________________

SIGNED IN THE PRESENCE OF:

____________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

PROVINCE/CITY OF ____________) S.S.

BEFORE ME, a Notary Public for and in ________________________________,

province/city of ______________________, this _______ day of _____________, _____,
personally appeared the named-persons in this Special Power of Attorney (SPA), who have
satisfactorily proven to me their identity through their identifying documents written below their
names and signature, that they are the same persons who executed and voluntarily signed the
foregoing SPA, duly signed by their instrumental witnesses at the spaces herein provided which
they acknowledged before me as their free and voluntary act and deed.

The foregoing instrument which relates to a SPA consists of ________ (___) pages
including the page on which the acknowledgment is written, has been signed by the parties and
instrumental witnesses on all pages thereof, in my presence, and sealed with my Notarial Seal.

WITNESS MY HAND AND NOTARIAL SEAL.

NOTARY PUBLIC

Doc. No. __________;

Page No.__________;
Book No.__________;
Series of __________.

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