PPP for School Infrastructure Project (PSIP) – Phase II

The PPP for School Infrastructure Project (PSIP seeks to supplement the current initiatives and program of the Department of Education on classroom construction classroom nationwide. The objective of the government is to expand the supply of classrooms in all public school system as fast as it could reasonably be done and cut the current shortage of around 66,800 classroom units nationwide.

Project Brief

Implementing Agency:

Department of Education (DepEd)

Project Description:

The PSIP Phase II involves the designing, financing, and constructing of around 10,679 one-storey and two-storey classrooms, including furniture, fixtures and toilets, in 5,033 public schools in 14 regions nationwide.

Estimated Project Cost:

PHP 8.8 Billion

Procurement Mode:

Solicited

PPP Structure:

Build-Transfer (BT)

Status (as of May 7, 2013)

Bidders due diligence ongoing

Prospective Bidders

♦ Megawide
♦ BF Corporation
♦ DM Wenceslao & Associates
♦ IPM Construction and Development Corporation
♦ Makati Development Corporation
♦ R2 Builders
♦ R.R. Encabo Contractor Inc.
♦ S.C. Megaworld Construction and Development Corporation
♦ Vicente T. Lao Constructors/BSP & Co., Inc.