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PPP for School Infrastructure Project (PSIP) – Phase I

Project Brief

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Implementing Agency

Department of Education (DepEd)

Project Description

The project involved the design, financing, and construction of 9,303 one-storey and two-storey classrooms, including furniture and fixtures, in various sites in Region I, III and IV-A. The project supplemented the current program of the Department of Education in reducing classroom backlog.

Project Cost

PHP 9.89 Billion *
*Approved Budget Ceiling (ABC) of the Build-Lease-Transfer (BLT) contract is PhP 16.43 billion.

Procurement Mode

Solicited

PPP Structure

Build-Lease-and-Transfer (BLT)

Cooperation Period

10 years

Region

  • REGION I - ILOCOS
  • REGION III - CENTRAL LUZON
  • REGION IV-A - CALABARZON

Sector

Education

Private Proponents

Bright Future Educational Facilities Inc. (Region I) and
Citicore - Megawide Consortium Inc. (Region III and IV-A)

Status

As of 04 December 2015:

9,296 classrooms (100%) completed and delivered

List of Bidders

Prospective Bidders

1. BF Corporation
2. Penta Capital Investment Corporation
3. D.M. Consunji, Inc.
4. Megawide Construction Corporation
5. Makati Development Corporation
6. D.M. Wenceslao & Associates, Inc,
7. Vicente T. Lao Construction
8. Tokwing Construction Corp.
9. First Balfour, Inc.
10. Goldenville Realty & Development Corp. JV with HG III Construction and Development Corporation
11. DATEM Inc.
12. DDT Konstract, Inc.
13. MTD Construction (Phils.), Inc.
14. TKG Logistics Ltd. UK & (QBC) Qatar Building Company
15. Junton & Williams
16. People’s Reform Initiative for Social Mobilization Foundation, Inc.
17. Aboitiz Equity Ventures, Inc.

Prequalified Bidders

1. Consortium of BF Corporation-Riverbanks Development Corporation
2. Citicore Holdings Investment, Inc.-Megawide Construction Corporation
3. D. M. Consunji, Inc.
4. Makati Development Corporation-First Balfour, Inc.
5. D. M. Wenceslao and Associates Inc.-DATEM, Inc.
6. Makati Development Corporation.

Bidder/s

1. Consortium of BF Corporation-Riverbanks Development Corporation
2. Citicore Holdings Investment, Inc.-Megawide Construction Corporation

Winning Bidder/s

1. Consortium of BF Corporation-Riverbanks Development Corporation
2. Citicore Holdings Investment, Inc.-Megawide Construction Corporation

Status of PPP Projects
as of 27 December 2018

Contact Persons

  • MR. ALAIN DEL B. PASCUA
    Undersecretary for Finance and Administration, DepEd
    (+632) 637.6207
  • MR. HAROLD DUANE D. FAJARDO
    Project Monitoring Officer, PPP Center
    (+632) 709.4146 local 5208

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