The Margosatubig Regional Hospital, through the funding source of 2018 GAA R.A. 10964 per FY 2018 NBC No. 573 ANNEX A-1 intends to apply the sum of Seventeen Million Five Hundred Thousand Pesos Only (Php 17,500,000.00) being the Approved Budget for the Contract (ABC) to payments under the contract for the Procurement of Various Medical Equipment for OR/DR. Bids received in excess of the ABC shall be automatically rejected at bid opening.