The National Irrigation Administration (NIA), through the 2019 Corporate Operating Budget (COB) intends to apply the sum of Three Million Four ISundred Fifty Thousand Pesos (Plip3,450,0O0.00) inclusive of 12″/. VAT being the Approved Budget for the Contract (ABC) to payments under the contract for Printing and Delivery^ of NIA Wall Calendar and Notebook Planner for CY 2020. Bids received in excess of the ABC shall be automatically rejected at bid opening.