BCDA to bid out lots along SCTEX

Rappler.com
The lots will be developed into service areas

MANILA, Philippines — Government-owned Bases Conversion and Development Authority (BCDA) will bid out two lots along the 94-kilometer (km) Subic-Clark-Tarlac Expressway (SCTEX).

BCDA President Arnel Paciano Casanova said BCDA is now inviting interested bidders for the long-term lease and development of two separate lots, 2 hectares each, into service areas.  

One of the lots, to be named Concepcion Service Area, is located at the Clark-bound/south-bound direction of the Clark-Tarlac segment. The other, to be called Macangcung Service Area, is located at the Clark bound/north-bound direction of the Clark-Tarlac segment.

“We are looking for partners to develop the lots into service areas for the benefit of the motorists plying the SCTEX,” Casanova said.

The prescribed facilities and amenities of each service area would include:

  • a gasoline station
  • restrooms
  • parking slots
  • emergency First Aid station
  • potable water and lighting system
  • emergency vehicle repair shop
  • convenience stores

Interested bidders, Casanova said, have the option of bidding for either of the lots or both.

The lease term for each lot is 25 years, and can be renewed for another 25 years depending on the agreement between BCDA and the winning bidder, he added.

The minimum acceptable starting annual Fixed Lease for each service area, according to BCDA Asset Disposition Program Committee chairperson Nena Radoc, is P2.24 million, inclusive of value added tax (VAT), which will be effective on the 2nd year of lease.

The amount will increase by 5% yearly, Radoc added.

The winning bidder is required to pay BCDA the fixed lease amount for the next 3 years.

Radoc explained that at the start of the 5th year of the lease, BCDA will collect either the fixed lease amount adjusted based on the 5% annual  increment or a share in the lessee’s revenues equivalent to 2.5% net of sales plus 0.15% share from net sale of petroleum products and lubricants, whichever is higher.

The pre-bid conference is set on August 20 at the BCDA Corporate Center.

Pangilinan-led Metro Pacific Investments Corp. (MPIC) through its toll road unit Metro Pacific Tollways Corp. (MPTC) is temporarily operating and maintaining the 94-kilometer Subic-Clark-Tarlac Expressway (SCTEx)

However, MPTC‘s contract to formalize the deal has yet to be signed with the national government. – Rappler.com