Bidding for 9 PPP projects set in Q4
Despite the delays and the slow pace at which the public-private partnership (PPP) program is moving, the Public-Private Partnership Center of the Philippines said a total of nine projects would be bid out to interested investors before the year ends.
PPP Center director Al Vitangcol III said all nine projects lined up for bidding this year would be placed on the auction block by the fourth quarter, mostly in December.
In an interview with reporters on Friday, he admitted that the entire process—from the completion of the feasibility studies to the formulation of the terms of reference and bid documents to the actual bidding—was “really slow.”
However, considering how things were moving now, he said the PPP Center was still on track to bidding out nine of the 10 projects that the government’s economic team committed to be placed on the auction block this year.
Bidding for one of the 10 projects, the operations and maintenance contracts for the Light Rail Transit Line 1 and Edsa Metro Rail Transit 3, has been suspended indefinitely pending the completion of a review being done by the Department of Transportation and Communications.
Article continues after this advertisementThe deadline for the submission of bids for the LRT-MRT contracts was originally scheduled last July 11.
Article continues after this advertisementDespite that snag, the PPP Center last week published the bid invitation for the P1.96-billion Daang Hari-South Luzon Expressway Road construction project.
By October, Vitangcol said the PPP Center would likely start inviting bidders for the P6.8-billion New Bohol (Panglao) airport project. This is now in the feasibility study phase.
Other projects to be bid out this year are the P8.85-billion LRT Line 2 East Extension, which is on the feasibility study stage; the P83.25-billion LRT Line 1 South Extension, which is on the feasibility study updating and bid documents preparation phase, and the P4.14-billion Puerto Princesa airport development project, which is on the same stage as the LRT Line 1 South Extension project.