PPP Center, 17 October 2013
The two winning bidders for¬† the Department of Educations‚Äô (DepED)¬† PPP for School Infrastructure Project Phase II, Megawide Construction Corporation and the consortium of BSP and Company Inc. and Vicente Lao Construction signed today contract ¬†agreements to design, finance and construct some 4,370 one‚Äďstorey and two storey classrooms.¬† Package A which was awarded to Megawide covers the construction of 2,440 classrooms in Regions I, II, III and CAR. Package E which was awarded to BSP and Company Inc. and Vicente Lao Construction covers Regions X and CARAGA for a total of 1,930 classrooms.
Meanwhile contract packages B, C, and D which call for the construction of school buildings in MIMAROPA and Bicol; Western, Central and Eastern Visayas; Zamboanga Peninsula, Davao and SOCCSKSARGEN regions will be undertaken through regular procurement process under RA 9184 or the Government Procurement Reform Act.
During the contract signing, DepED Secretary Bro. Armin Luistro emphasized that the classrooms to be built should help schoolchildren flourish and learn. Given the destruction in Bohol and Cebu wrought by the recent 7.2 magnitude earthquake, the DepED Secretary underscored the need to make these classrooms strong and delivered on time. He further added the DepED will constantly check up on the progress of the both construction companies, specifically pinpointing December 31, 2013 and May 31, 2014 as important milestones for the project.
Both Megawide Construction Corporation and BSP and Company Inc. -Vicente Lao Construction assured the DepED of delivering and completing the projects with the best quality possible and to deliver it on time.¬† As a result of the construction activities in the identified areas each construction firm estimates to generate some 900 new jobs.
Concerns about the structural integrity of the classrooms to be built will be addressed by both construction companies, who will build the classrooms using the latest technologies which are earthquake resistant. DepED also said that classrooms will no longer be constructed in areas where natural disasters have already occurred including those identified in the geo-hazard maps of the Department of Environment and Natural Resources.
The PSIP II is a recipient of the Project Development and Monitoring Fund Managed by the PPP Center. Under the PDMF, the DepEd was given funding support used to procure transaction advisors who provided technical assistance in the bid process management including the preparation of bid documents and contracts and assistance until financial close.
Second time around. Megawide Construction Corporation represented by its Finance Officer, Oliver Tan and Mr. Louie Ferrer, Marketing Manager present to members of the press its second signed contract with the Department of Education this time for PSIP II. The winning construction firm also bagged its first PPP project under PSIP I.
New Partner on Board. ¬†BSP and Company Inc.-Vicente Lao Construction represented by its President Ben-Azel Ponio shake hands with DepED Secretary Bro. Armin Luistro during the contract signing ceremony for PSIP II.
Numerous copies. DepEd Secretary Bro. Armin Luistro and Undersecretary Francisco Varela (second to left) sign copies of the contracts for the PSIP II.
Successful Partnerships:¬† Officers and representatives from the PPP Center, the DepED, Megawide Construction Corporation and the consortium of BSP and Company Inc. and Vicente Lao Construction and other transaction advisors proudly show off the signed PSIP II contracts under the country‚Äôs PPP program.
14 March 2012, Manila Bulletin
All efforts are being exerted to close the resource gaps in the education sector ‚Äď teachers, classrooms, tables, chairs, textbooks and other school materials ‚Äď by 2013. The government has vowed to eliminate the shortage of 66,800 classrooms nationwide. Some R10 billion was released to the Department of Public Works and Highways (DPWH) for the construction, replacement, and completion of kindergarten, elementary, and secondary facilities in areas from acute classroom shortage.
Of the R10 billion, schools in National Capital Region will get R1.7 billion, followed by schools in Region IV-A with R1.2 billion, schools in Region VIII with R827.7 million, and schools in Autonomous Region in Muslim Mindanao with R683.8 million. The DPWH will administer the construction of facilities based on a list of recipient schools identified by the Department of Education (DepEd).
On December 23, 2012, the government released R8.8 billion to the DepEd for the construction of classrooms in 14 regions, as part of Phase II of the Public-Private Partnership for the School Infrastructure Project (PSIP II). PSIP II concerns the design and construction of 10,680 classrooms, including school furniture and comfort rooms. Recipients of PSIP Phase I project were Regions I, 3, and 4-A.
This year, the DepEd is building 17,939 classrooms with 90,461 new water, lavatory and sanitation facilities, through public-private partnership. It constructed 15,000 classrooms in 2011 and 35,000 in 2012. It is hiring 61,510 new teachers and 3,500 non-teaching personnel, including the over 7,000 teachers who volunteered for the kindergarten program that was started in school year 2012-2013.
We congratulate the Department of Education headed by Secretary Bro. Armin A. Luistro and the Department of Public Works and Highways led by Secretary Rogelio L. Singson, in their partnership to address problems in the education sector and in their focus on improving the quality of Philippine education. We wish them the best and success in all endeavors. CONGRATULATIONS AND MABUHAY!
08 October 2012, Business Mirror
by Estrella Torres
The Department of Education (DepEd) awarded on Monday to two winning bidders, that include a group of former chairman of the Metropolitan Manila Development¬† Authority¬† Chairman Bayani Fernando,¬† the project to build close to 10,000 classrooms under the public-private partnership program (PPP).
DepEd Secretary Armin Luistro said under the contract, the department will lease a total of 9,301 classrooms facilities for a period of 10 years that will cost the government P1.628 billion.
‚ÄúThe DepEd has secured a Multi-Year Obligational Authority from the Department of Budget and Management to cover its annual lease payments, amounting to P1.628 billion, for the next 10 years,‚ÄĚ said Luistro in a statement on Monday.
The signing of the agreement will be the department‚Äôs flagship project under the Aquino administration‚Äôs Public Private Partnership for School Infrastructure Project (PSIP) to ease the lingering problems on shortage of classrooms for public elementary and high schools student nationwide.
Luistro and Fernando of BF Group of Companies signed the agreement in a ceremony held at the Bulwagan ng Karunungan at the DepEd head office in Ultra, Pasig.
Fernando was accompanied by his business partners, namely, Tala C. Fernando, BF Corp. president; Engr. Reynaldo de la Cruz, of¬† BF Corp.-Riverbanks Development Corp. and¬† Louie Ferrer of¬† Citicore Investment Holdings.
The¬† other winning bidder for the DepEd‚Äôs PPP project, Megawide Construction Corp. President Michael Cosiquien, also signed the agreement for the second part of the project. Cosiquien was accompanied by Megawide Construction Corp. chief executive Edgar Saavedra,¬† Megawide Construction Corp. president,¬† and Oliver Tan, Megawide Construction Corp. chief finance officer.
In Photo:¬†The Department of Education signs an agreement with two winning firms that will construct close to 10,000 classrooms in a build-lease-transfer agreement under the first phase of the DepEd‚Äôs Public-Private Partnership for School Infrastructure Project. Tuesday‚Äôs affair was held at the DepEd Complex in Pasig City. It was attended by (from left) Reynaldo de la Cruz, Bright Future Educational Facilities Inc.; Bro. Armin A. Luistro, FSC, DepEd secretary; Oliver Tan, Megawide Construction Corp. CFO; Louie Ferrer, Citicore Investment Holdings-Megawide Construction Corp. president; Edgar Saavedra, Megawide Construction Corp. president; and Michael Consiquien, Megawide Construction Corp. CEO. (Ryan G. Ricafort)