FORM-DPP-COMM-VM-002-2024 / Effective: 04-15-2024  
 
               Department of Property and Procurement 
                                   Vendor Management 
                             PREFERRED BIDDERS APPLICATION 
 
A Preferred Bidder is a bidder afforded preferential treatment over other non-preferred bidders after attaining preferential 
bidder status. A preferred bidder must meet the requirements indicated in Title 31, Chapter 23, Section 236a of the Virgin 
Islands Code, the Preferred Bidders Statute. An applicant must meet the Licensing requirement in addition to the 
Residency or Ownership requirement, pursuant to the Preferred Bidders Statute. See Preferred Bidder’s Checklist. 
APPLICANT’s LEGAL NAME: 
OFFICE PHONE:                         CELL PHONE: 
EMAIL: 
MAILING ADDRESS: 
PRINCIPAL PLACE OF BUSINESS ADDRESS: 
OTHER BUSINESS LOCATIONS (STORES, WAREHOUSES, ETC.):    
Date of Last Financial 
Statement: 
Assets: 
 
Liabilities: 
Net Capital: 
 
 
 Type of Entity: 
[  ] Sole  Proprietorship 
 [  ] Partnersh     [  ]  Corporation     [  ] LLC, LLP     [  ] Other_________ 
 
Date of Formation/Incorporation: 
Location of Formation/Incorporation: 
 
NAME OF PRINCIPALS 
TITLE OF PRINCIPALS 
1. 
2. 
 
 COMMERCIAL AND BANK REFERENCES 
 
1. 
Name 
2. 
Mailing Address 
Phone Number 
Name 
3. 
Mailing Address 
Phone Number 
Name 
Mailing Address 
Phone Number 
 
NAMES OF PERSONS AUTHORIZED TO ACT ON BEHALF OF APPLICANT                        TITLE 
1.  
 
2.  
 
 
NAMES OF PERSON(S) HOLDING 51% LEGAL OR EQUITABLE OWNERSHIP  
 
NAMES OF PERSON(S) MEETING RESIDENCY or BIRTH REQUIREMENT  
 
 INDUSTRY:  GOODS / SERVICES APPLICANT IS INTERESTED IN SUPPLYING TO THE GOVERNMENT                
 
Authorized  
Signature 
Title  
Date 
By submitting this application, Applicant certifies that all information and statements provided in the Preferred Bidders 
Application is true, accurate, and complete. The Applicant understands and agrees that the Department of Property and 
Procurement (DPP) will verify the contents of the Application. The Applicant further authorizes third parties to release 
information relating to this Application. If any false or incomplete information is found, the DPP reserves the right to reject 
this Application, and/or rescind any approval or certification granted. 
 
TERRITORY OF THE VIRGIN ISLANDS                             ) 
JUDICIAL DIVISION OF ___________________________ ) 
 
On this _______ day of _______________________before me personally appeared _________________________________ 
Known to me to be the person who executed the foregoing Preferred Bidders Application, a voluntary act of his/her free will, 
for the uses and purposes therein set forth. Given under my hand and seal.  
 
 
 
Notary Public 
                                                                                                     My commission expires: 
Instructions: Fill in all spaces. All answers should be typed or printed.