Bidding for the P2.5-B southwest terminal project reextended
MANILA, Philippines – Interested bidders for the proposed P2.5-billion Integrated Transport System (ITS) project-Southwest terminal will now have until August 30 to submit their proposals after the Department of Transportation and Communications (DOTC) pushed back deadlines anew.
As stated in the General Bid Bulletin 11 - 2014 issued by DOTC Undersecretary Rene Limcaoco on Wednesday, June 11, the new deadline extension would give interested bidders more time to comment on the revised bidding documents approved on Monday, June 2, by the National Economic and Development Authority (NEDA) Board chaired by President Benigno “Noynoy” Aquino III.
The Southwest terminal project will rise on a 2.9-hectare property located at the Coastal Road Terminal along the Manila-Cavite Expressway. It is one of the 3 terminals to be put up under the ITS project, a Public Private Partnership (PPP).
The original deadline of submission of bids for the PPP partnership was scheduled Thursday, May 15, but was moved to June 16 after the DOTC amended the terms of the concession agreement to make them more attractive to prospective investors.
DOTC would conduct a third round of one-on-one meetings with interested bidders between July 7 and July 11, Limcaoco said in the bulletin.
The Southwest terminal will connect passengers coming from Cavite to other urban transport systems such as the planned Light Rail Transit (LRT) line 1 South Extension, city bus, taxi, and other public utility vehicles plying Metro Manila.
It will include a passenger terminal building, arrival and departure bays, a public information system, ticketing and baggage handling facilities, and park-ride facilities.
A total of 11 firms, including the country’s largest conglomerates, are participating in the bidding. They include:
- San Miguel Corporation
- Ayala Corporation and property arm Ayala Land Inc.
- Metro Pacific Tollways Corporation of Metro Pacific Investments Corporation
- Robinsons Land Inc. of tycoon John Gokongwei
- Filinvest Land Inc. of tycoon Andrew Gotianun
- Mega-wide Construction Corporation
- D.M. Wenceslao and Associates Inc.
- Vicente T. Lao Construction
- French-owned Egis Projects Philippines
- State Properties Corporation
- Expedition Construction Corporation
The proponent will finance, design, construct, operate, and maintain the ITS project for a period of 35 years.
Meanwhile, the NEDA Board also approved changes in the terms of the P4-billion ITS-South Terminal project at the FTI Complex along the South Luzon Expressway (SLEX).
The DOTC is also looking at putting up an ITS-North Terminal project to be situated either at the Manila Seedling Bank or near the Trinoma Mall in Quezon City. – Rappler.com