Bid deadline for P4-B South Terminal moved earlier to May

MANILA, Philippines – The Department of Transportation and Communications has set an earlier bidding deadline for the P4-billion ($90.41 million) Integrated Transport System (ITS)-South Terminal in Taguig City.

The agency has moved the bid deadline to May 18, from the original June 1, according to General Bid Bulletin Number 12 – 2015 issued by DOTC Assistant Secretary for Legal Affairs Jaime Fortunato Caringal.

The 5.57-hectare ITS-South Terminal would connect passengers from the Laguna and Batangas side to other urban transport systems, like the proposed P288-billion ($6.51 billion) North-South Commuter Rail of the Philippine National Railways, city buses, taxis, and other public utility vehicles that serve inner Metro Manila.

The public-private partnerships (PPP) project would also include a passenger terminal building, arrival and departure bays, public information systems, ticketing and baggage holding facilities, and park-ride facilities.

In January this year, DOTC deferred the submission of bids to June 1 instead of April 13 to give the pre-qualified firms ample time to prepare their proposals.

In December 2014, DOTC already prequalified Ayala Land Incorporated, Datem Incorporated, Filinvest Land Incorporated, and MWM Terminals led by Filipino-owned Megawide Construction Corporation.

DOTC will hold the second round of one-on-one meetings from March 16 to 20 with the 4 prequalified bidders.

The agency is undertaking the PPP project under the build-transfer-operate scheme of the Build-Operate-Transfer law. The concession period is 35 years.

Once the bid proposals are submitted, DOTC would undertake a two-step evaluation, wherein the technical proposals would be evaluated first. After which, the financial proposals of bidders who passed the technical evaluation would be opened and evaluated.

The bid amount could be in annual grantor payment, where the government would pay the winning concessionaire to undertake the project, or in annual concession payment to be paid by the concessionaire to the DOTC, the agency said. – Rappler.com

US$1 = P44.24