State-run Bases Conversion and Development Authority is set to file a motion for reconsideration at the Supreme Court to contest an earlier high court ruling, which prevented the government agency from bidding out the development of the 33.1-hectare Bonifacio South Pointe property in Taguig.
The Supreme Court has permanently stopped the Bases Conversion and Development Authority’s (BCDA) public bidding for the development of the 33.1-hectare Bonifacio South Pointe property at the upscale Bonifacio Global City in Taguig, favoring SM Land Inc.’s (SMLI) petition that impleaded the state firm for breaching an agreement to conduct a competitive challenge.
By Ronnel W. Domingo
The Bases Conversion and Development Authority (BCDA) on Tuesday said it has remitted to the Bureau of the Treasury an additional P100 million in cash dividends, bring to P2.2 billion the state agency’s remittances to national coffers.
By Amy R. Remo
A subsidiary of the Robinsons Land Corp. has bagged the contract for the long term lease and development of a prime lot located along Lawton Avenue, south of Bonifacio Global City, the state run Bases Conversion and Development Authority said Tuesday.
By Amy R. Remo
A Pasay City regional trial court has ordered the arrest of businessman Robert John L. Sobrepeña after the Department of Justice indicted the chair of the Camp John Hay Development Corp. (CJHDevCo) in a P1.15-billion estafa case.