P1.3-B LRT 2 maintenance contract up for bid

Rappler.com

This is AI generated summarization, which may have errors. For context, always refer to the full article.

DOTC also gives green light to a Korean consortium to start civil works for the LRT 2 East Extension project

Photo obtained from the PPP Center

MANILA, Philippines – The Light Rail Transit Authority (LRTA) is set to bid out a P1.33-billion contract for the maintenance of the Light Rail Transit line 2 (LRT 2), the agency said Wednesday, June 4.

Bidding for the 3-year contract to maintain LRT 2, running from Recto Avenue to the Santolan depot along Marcos Highway, is limited to Filipino citizens, sole proprietorship, partnerships or organizations with at least 60% interest or outstanding capital stock belonging to citizens of the Philippines.

A bidder must have completed, within the last 10 years from date of bid submission, at least a single contract that is similar to or equivalent to at least 50% of the approved budget for contract.

Also, the bidder must have successfully been involved in the maintenance of a system similar to that of LRT 2 for a total of 15 years.

The LRTA is giving bidders until July 30 to submit their offers. Interested groups also are required to submit a bid security consisting of P26.62 million in the form of cash, cashier’s or manager’s check, bank draft or guarantee, irrevocable letter of credit or P66.55 million if bid security is in surety bond.

An open competitive bidding procedure using non-discretionary “pass or fail” criterion as specified in the Revised Implementing Rules and Regulations of Republic Act No. 9184 or the Government Procurement Reform Act will be implemented.

Meanwhile, the Department of Transportation and Communications (DOTC) earlier gave a Korean consortium the green light to undertake the consulting and engineering services for the P9.7-billion LRT 2 East (Masinag) Extension project.

The DOTC issued a Notice to Proceed to the consortium composed of Foresight Development and Surveying Company, Soosung Engineering Co. Ltd., and Korea Rail Network Authority.

The group submitted a bid of P240.78 million or more than P100 million lower than the approved budget for the consulting contract of P350 million.

The LRT 2 East Extension project will cover the existing 13.8-km LRT 2 from Recto to Santolan. The proponent will put up a 4.14-km extension eastward from the existing Santolan station at Marcos Highway, terminating at the intersection from that same highway and Sumulong Highway.

The total construction cost of existing LRT 2 from Recto to Santolan was placed at over P33 billion. It started in 1997 with government funding and official development assistance (ODA) loan from the Japan Bank for International Cooperation. The commercial operation commenced between Santolan and Cubao in April 2003 and was extended to Legarda in April 2004. Recto, the last station, opened in October 2004.

LRT 2 has 11 station crossing at Metro Rail Transit line 3 (MRT 3) at Cubao. – Rappler.com

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Loading
Download the Rappler App!