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DMCI Holdings gets OK to bid for prison facility

business / Editors' Picks
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DMCI Holdings gets OK to bid for prison facility

/ 02:20 AM August 21, 2015

Consunji-Led DMCI Holdings Inc. has been pre-qualified to participate in the bidding for the P50.18-billion build-transfer-maintain regional prison facility project offered under the government’s public private partnership (PPP) program.

This makes DMCI the third company to qualify for the prison infrastructure project.

San Miguel Corp. and a consortium led by Megawide Corp. earlier pre-qualified for the project.

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The pre-qualifications, bids and awards committee (PBAC) of project proponent Department of Justice reversed an earlier decision disqualifying the firm after a thorough deliberation and re-evaluation of its pre-qualification documents.

Earlier deficiencies were subsequently clarified in a motion for reconsideration, DMCI told the Philippine Stock Exchange on Thursday.

The regional prison facility PPP project, the first of its kind in the country, covers the construction and maintenance of a modern prison facility in Fort Magsaysay, Nueva Ecija. Once completed, the facility can accommodate over 26,000 inmates. It will also include the construction of staff housing, administrative buildings and rehabilitation areas.

This project is seen to address the basic needs of inmates crowding existing penal facilities such as the New Bilibid Prison (NBP) and the Correctional Institution for Women (CIW).

The winning bidder will be responsible for the financing, detailed design and construction, and maintenance of the prison facility over a 20-year concession period.

A number of supporting accommodation and building-related services may be outsourced, such as laundry, waste treatment and disposal, sewage water treatment and power generation.

The bid proposals will have to be submitted next month.

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TAGS: bidding, bids, Business, CIW, Correctional Institution for Women, DMCI, government’s public private partnership, holdings, NBP, New Bilibid Prison, PPP, prison, San Miguel Corp.
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