Archive for the ‘News’ Category

Serge’s surge

Manila Bulletin, 14 April 2014

By Jullie Yap Daza

 

As promised, Senator Serge Osmeña has gone to court to stop Megawide-GMR from renovating the Mactan airport and building a new terminal because he has found evidence of the “poor financial health” of the Bangalore-based GMR. And there’s the question of Megawide’s reported failure to deliver all 10,000 schoolbuildings.

Serge OsmeñaThe day before DOTC awarded the contract on April 4 to Megawide-GMR (which won the bid last December), Senator Osmeña took his case to the Supreme Court, which will decide in 20 days whether it will issue a temporary restraining order. Megawide-GMR has denied all the senator’s allegations, just as the senator does not believe that the Filipino-Indian partners have what it takes to build the airport. The petition seeks to compel them to pay the government P14.4 billion up front as premium for the project and an irrevocable letter of credit for P180 million.

The senator’s argument runs to 36 pages, which may be summarized as: 1) GMR violated the conflict-of -interest rule as GMR and a losing bidder are partners in four airport projects in New Delhi, Hyderabad, Turkey, Maldives; 2) GMR infused only 72 percent of its capital in the Delhi airport and passed on to passengers a service fee that was patently illegal; 3) GMR continues to suffer operating losses and has debts of $8.3 billion, against a net worth of only $1.7 billion; 4) GMR was forced to sell its assets in the Istanbul airport, power plants in Denmark and Singapore, and two major projects in India.

“The disposal of these assets,” commented Mr. Osmeña, “raises serious doubts about GMR’s commitment to stay for the long haul, especially since the Mactan-Cebu project involves a 25-year concession period.”

A spokesperson said the facts arrayed against GMR “are on the Internet” and wondered why DOTC and its bids committee were in such “indecent haste” to grant the concession agreement.  Senator Osmeña pointed out that there’s always time to correct a mistake: “Violations and any derogatory information about any of the bidders may be brought up not only during the prequalification stage but at any time up to the postqualification stage. If proven, these are grounds for disqualification.”

 

2 road projects operational mid-2015

Manila Bulletin, 14 April 2014

By Chino Leyco

 

San Miguel Corporation-led concessionaire of Metro Manila’s two major road projects has assured that public could expect some ease in traffic congestion by the middle of next year.

Manuel Bonoan, Skyway O&M Corporation (SOMCO) president, said the first phase of Skyway Stage 3 and Ninoy Aquino International Airport (NAIA) expressway Phase 2 will be operational within the second half of 2015.

Bonoan said the first phase of Skyway extension project includes exiting road alignments over Buendia in Makati and Quirino near Plaza Dilao in Paco, Manila.

“We are required to deliver the first phase—from Buendia to Plaza Dilao—by mid of next year and it would be operational by then,” Bonoan said during the Economic Journalists Association of the Philippines (EJAP) and San Miguel Business Journalism Seminar in Baguio City.

The Skyway Stage 3 project, which costs P26.7 billion, is a 14.8-kilometer, six-lane elevated expressway that will connect the end of the Skyway in Buendia, Makati to Balintawak in Quezon City.

Once completed by June, 2016, Skyway 3 will have eight access points over Buendia, Quirino, Nagtahan, Aurora Boulevard, E. Rodriguez, Quezon Avenue, Sgt. Rivera and Balintawak, which is expected to help ease traffic in Metro Manila.

Skyway 3 will be the link of South Luzon Expressway (SLEX) to the North Luzon Expressway (NLEX).

Meanwhile, Bonoan also revealed that NAIA expressway phase 2 project is likely to be completed by the middle of next year, providing access to NAIA Terminals 1, 2, and 3 as well as linking the Skyway in SLEX and the Manila-Cavite Toll Expressway (Cavitex).

The P15.5-billion project also aimed to support the development of the Philippine Amusement and Gaming Corp. (Pagcor) Entertainment City located along the Manila Bay in Parañaque City’s reclamation area.

Bonoan, however, said that they have changed the alignment of the NAIA expressway and diverted it along Estero Tripa de Gallina instead of the congested Domestic Road.

“To avoid putting structure at Domestic Road and Airport Road, we might be at the back of Park ‘N Fly,” Bonoan said.

San Miguel, through unit Private Infrastructure Development Corp, won the contract to build the NAIA expressway project.

The NAIA expressway was the third Public Private Partnership (PPP) project to be awarded by the Aquino administration since 2010. The government has eight infrastructure projects rolled out in 2012 at attracting investments to boost the country’s growth above 7 percent.

 

DOTC extends deadline of bids for southwest bus terminal

Rappler, 14 April 2014

 

MANILA, Philippines – Groups interested in the government’s P2.5-billion Integrated Transport System (ITS) – Southwest Terminal project were given more time to prepare their bids.

The Department of Transportation and Communications (DOTC) announced Monday, April 14 that it extended the deadline for the submission of bids for the Southwest Terminal project by a month.

“In order to give ample time for the bidders to prepare for a competitive tender, the deadline for the submission of bids is hereby moved from May 15 to June 16,” DOTC Undersecretary Jose Perpetuo Lotilla said in General Bid Bulletin 09-2014.

A total of 11 firms, including the country’s largest conglomerates, are participating in the bidding. They include:

  • San Miguel Corporation
  • Ayala Corporation and property arm Ayala Land Inc.
  • Metro Pacific Tollways Corporation of Metro Pacific Investments Corporation
  • Robinsons Land Inc. of tycoon John Gokongwei
  • Filinvest Land Inc. of tycoon Andrew Gotianun
  • Mega-wide Construction Corporation
  • D.M. Wenceslao and Associates Inc.
  • Vicente T. Lao Construction
  • French-owned Egis Projects Philippines
  • State Properties Corporation
  • Expedition Construction Corporation

The Southwest terminal project will rise on a 2.9-hectare property located at the Coastal Road Terminal along the Manila-Cavite Expressway.

It will include a passenger terminal building, arrival and departure bays, a public information system, ticketing and baggage handling facilities and park-ride facilities.

The terminal will connect passengers coming from Cavite to other urban transport systems such as the planned Light Rail Transit line 1 South Extension, city bus, taxi, and other public utility vehicles plying Metro Manila.

The terminal is one of 3 mass transportation intermodal terminals that will be put up at the outskirts of Metro Manila under the P7.7-billion ITS, one of the projects to be bid out under the Public-Private Partnership program. The two other terminals will be located north of EDSA serving passengers to and from northern Luzon, and in the south serving passengers to and from Laguna or Batangas.

The ITS project aims to reduce traffic along EDSA and other Metro Manila roads by relocating provincial bus terminals.

To qualify in the bidding, a company must have local or international experience within the last 10 years and have completed one or more eligible projects with a cumulative cost of at least P2 billion and with capacity of at least 300 parking bays for vehicles.

The company should have local or international experience in the operation and maintenance of one or more bus terminals with a cumulative bus parking capacity of at least 40 passenger buses with a minimum parking capacity of at least 20 buses in each terminal.

A bidder could also have one or more commercial complexes, shopping malls, airport terminals, parking complexes, or freight terminals with a cumulative parking capacity of at least 160 parking bays for land surface transport vehicles and with a minimum capacity of 80 parking bays over the last 3 consecutive years.

In terms of financial capability, DOTC said a bidder should have a net worth of at least P600 million and should be able to show proof that it could raise P1.4 billion for the proposed terminal project. – Rappler.com

 

PHL moves bid deadline for P2.5-B Southwest Terminal to June

GMA News, 14 April 2014

 

The Philippines has moved to June 16 from May 15 the deadline for making a bid for the P2.5-billion Integrated Transport System-Southwest Terminal, saying it wants to give investors enough time to prepare for the tender.

The Southwest Terminal consists of a 2.9-hectare property at the Coastal Road Terminal along the Manila-Cavite Expressway. The public-private partnership program would give passengers from Cavite the opportunity to have a choice of urban transport systems, including the future Light Rail Transit South Extension to Bacoor, as well as city buses, taxis, and other public utility vehicles in Metro Manila.

The Department of Transportation and Communications said it has deferred to June 16 the  deadline so prospective investors could have more leeway in preparing their bid documents.

“In order to give ample time for the bidders to prepare for a competitive tender, the deadline for the submission of bids is hereby moved from May 15 to June 16,” Transportation Undersecretary Jose Perpetuo Lotilla said in a bulletin released over the weekend.

Among the companies expected to vie for project are San Miguel Corp., Ayala Corp. and Ayala Land Inc., Metro Pacific Tollways Corp., Robinsons Land Inc., Filinvest Land Inc. Mega-wide Construction Corp., D.M. Wenceslao and Associates Inc., Vicente T. Lao Construction, and French-owned Egis Projects Philippines.

The winning bidder would  finance, design, construct, operate, and maintain the Southwest Terminal for 35 years.

The project would consist of a passenger terminal building, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities. – VS, GMA News

 

DOTC defers deadline for Southwest terminal bids

ABS-CBN News, 14 April 2014

 

MANILA, Philippines – The deadline for the submission of bids for P2.5 billion Integrated Transport System (ITS) project – Southwest Terminal has been pushed back by a month.

The Department of Transportation and Communications (DOTC) moved the deadline for submission of bids to June 16 from May 15, to give bidders more time to prepare their bid documents.

Seven companies, namely San Miguel Corp., Ayala Land Inc., Metro Pacific Tollways Corp., Robinsons Land Inc., D.M. Wenceslao and Associates Inc., Vicente T. Lao Construction and Egis Projects Philippines, are interested in bidding for the project.

The Southwest Terminal project will be located at the Coastal Road Terminal along the Manila-Cavite Expressway. It will connect passengers coming from Cavite to other urban transport systems such as the future LRT-1 South Extension, city bus, taxi and other public utility vehicles plying Metro Manila.

The terminal will include a passenger terminal building, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities.

The project will be implemented using a Build-Transfer-Operate arrangement. The DOTC invited bidders to submit bids to finance, design, construct operate and maintain the ITS project for a period of 35 years.

To qualify to bid for the project, the DOTC said bidders should comply with legal, technical and financial capability requirements.

For instance, the bidder must have local or international experience within the last 10 years in successfully completing the development of one or more eligible projects with a cumulative cost of at least P2 billion and with capacity of at least 300 parking bays for vehicles.

The bidder or related entity must also have a net worth of at least P600 million, and provide evidence it can raise loans of at least P1.4 billion for the project.

 

DOTC defers bidding for Metro Manila south transport terminal project

InterAksyon, 14 April 2014

By Darwin G. Amojelar

 

MANILA – The bidding for the multibillion-peso integrated transport terminal in the south of Metro Manila has been deferred by a month upon the request of interested parties, according to the Department of Transportation and Communications (DOTC).

In a bid bulletin, DOTC said the deadline of offers for the P2.2 billion Integrated Transport System (ITS) – Southwest Terminal Project has been moved to June 16 from May 15.

The agency said the deferral is meant “to give ample time for the bidders to prepare for a competitive tender.”

The Public Private Partnership Center earlier said 12 companies had expressed interest to join the auction, namely, Ayala Corp, Ayala Land Inc, D.M. Wenceslao and Associates Inc, Egis Projects Philippines, Expedition Construction Corp, Filinvest Land Inc, Megawide Construction Corp, Metro Pacific Tollways Corp, Robinsons Land Corp, San Miguel Corp, States Properties Corp, and Vicente T. Lao Construction.

The ITS-Southwest Terminal aims to provide a central transport terminal that would receive all modes of public transport entering the south of Metro Manila.

“This terminal will ensure effective interconnection between different transport modes and services and thus ensure efficient and seamless travel for the commuting public,” DOTC said.

One of the terminals to be established will be located at the southwestern part of Metro Manila, near the Manila-Cavite Expressway (Cavitex).

To be built on a 2.9-hectare are, the Southwest Terminal will connect passengers coming from Cavite to other urban transport systems, such as city buses, taxis and other public utility vehicles that serve the inner Metro Manila, as well as the future LRT 1 South Extension, which DOTC is also bidding out.

The ITS-Southwest Terminal project will include a passenger terminal building, arrival and departure bays, public information systems, ticketing and baggage handling facilities and park-ride facilities.

DOTC extends deadline of bids submission for South bus terminal

The Philippine Star, 15 April 2014

by Lawrence Agcaoili

 

MANILA, Philippines – The Department of Transportation and Communications (DOTC) has extended the deadline for the submission of bids for the proposed P2.5 billion Integrated Transport System (ITS) project – Southwest Terminal under the Aquino administration’s public private partnership (PPP) program.

In a general bid bulletin, DOTC undersecretary Jose Perpetuo Lotilla, has issued General Bid Bulletin 09 – 2014 has deferred the date of the submission of bids to June 16 instead of May 15 to give bidders more time to prepare their documents.

“In order to give ample time for the bidders to prepare for a competitive tender, the deadline for the submission of bids is hereby moved from May 15 to June 16,” Lotilla stated in the bulletin dated April 11.

A total of seven firms including the country’s largest conglomerates are set to bid for the project. These include diversified conglomerate San Miguel Corp., property giant Ayala Land Inc., Metro Pacific Tollways Corp. of infrastructure giant Metro Pacific Investments Corp., Robinsons Land Inc. of taipan John Gokongwei, D.M. Wenceslao and Associates Inc., Vicente T. Lao Construction, and French-owned Egis Projects Philippines.

The Southwest terminal project is situated in a 2.9-hectare property located at the Coastal Road terminal along the Manila-Cavite Expressway. It would connect passengers coming from Cavite to other urban transport systems such as the future Light Rail Transit line 1 (LRT) South Extension to Bacoor in Cavite , city bus, taxi, and other public utility vehicles plying Metro Manila.

The project would include a passenger terminal building, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities.

The P7.7 billion ITS project was one of the seven major infrastructure projects worth P184.2 billion approved by the National Economic and Development Authority (NEDA) Board chaired by President Aquino last Nov. 21.

The project involves the establishment of  three mass transportation intermodal terminals at the outskirts of Metro Manila – one in the north of EDSA serving passengers to and from northern Luzon and two in the south serving passengers to and from Laguna or Batangas side and those to and from the Cavite side.

The establishment of a transportation system at FTI and PRA involves the development of two mass transportation terminals at the Southern outskirts of Metro Manila particularly at FTI Property in FTI Compound in Taguig City and the Coastal Road Terminal at PRA property beside Asiaworld/Uniwide along Manila-Cavite Expressway (R-1) Expressway in Parañaque City.

 

PPP auction moved back by a month

Business World, 14 April 2014

 

NEXT MONTH’S auction for the P2.5-billion Integrated Transport System (ITS) Southwest Terminal project has been rescheduled to June, the Transportation department said.

“In order to give ample time for the bidders to prepare for a competitive tender, the deadline for the submission of bids is hereby moved from 15 May 2014, 2:00 p.m. to 16 June 2014, 1:00 p.m.,” the department’s bids and awards committee said in an April 11 bulletin.

Further details were not immediately available. The ITS project, one of several public-private partnership (PPP) deals being offered by the government, currently has 13 interested parties, said Cosette V. Canilao, executive director of the PPP Center.

These include Ayala Land, Inc. and Ayala Corp., which bought separate bid documents; Metro Pacific Tollways Corp.; San Miguel Corp.; Robinsons Land Corp.; Filinvest Land, Inc., and Megawide Construction Corp.

The Southwest Terminal project involves the development of a 2.9-hectare complex containing terminal buildings, arrival and departure bays, ticketing and public information systems, as well as a parking area.

The facility intends to connect Cavite-based commuters to public utility vehicles operating inside Metro Manila as well as the Line 1 of the Light Rail Transit.

The government is planning two other terminals under the ITS project.