The Department of Public Works and Highways (DPWH) postponed the bid submission for the PhP 122.8 Billion Laguna Lakeshore Expressway Dike (LLED) project from March 14 to March 28. The announcement extending the deadline for submission of bid documents was made through a Special Bid Bulletin published last March 12.

“DPWH is being prudent. During final contract review, DPWH decided to make a modification to the contract to better manage the project risks. The extension will give bidders time to review and make the necessary adjustments,” PPP Center Executive Director Andre Palacios explained.

He added that the postponement will not adversely affect Government’s target to award at least 10 more PPP projects before President Aquino’s term ends on June 30.

The three pre-qualified bidders are Alloy-PAVI-Hanshin LLEDP Consortium (composed of Alloy MTD Capital BHD, Prime Asset Ventures, Inc., Hanshin Engineering Constructions), San Miguel Holdings Corp.; and Team Trident (composed of Trident Infrastructure and Development Corp., Aboitiz Equity Ventures, Inc., Ayala Land Inc., Megaworld Corp., and SM Prime Holdings, Inc.).

The winning bidder will finance, design, construct, operate, and maintain a 47-kilometer flood control dike with expressway toll roads.

The DPWH envisions a high standard highway that will reduce travel time from Metro Manila to Laguna from 90 to 35 minutes.

The project will also facilitate traffic flow and mitigate flooding from Taguig in Metro Manila to Los Baños, Laguna.