The Department of Education (DepEd) and its private partners have completed the Public-Private Partnership (PPP) for School Infrastructure Project (PSIP) Phase I. The PSIP Phase I involved the design, financing, and construction of about 9,296 one-storey and two-storey classrooms.
Last December 4, 2015, 9,296 classrooms were constructed in three regions: Region I, III, and IV-A. The project aims to supplement the current program of DepEd in reducing classroom backlog. Over 400,000 students are expected to benefit from this project.
This is the first PPP project of DepEd.
The project was procured through a competitive two-stage public bidding process in accordance with R.A. 6957, as amended by R.A.7718, or the Philippine BOT Law and its Implementing Rules and Regulations. During the bidding of the PSIP Phase I project, it attracted 18 prospective bidders, six were prequalified and the project was awarded to two bidders.
The government signed a concession agreement with the private partners  last October 8, 2012. Before the signing, in September 4, 2012, the project’s notice of award was issued to the private partners.
Meanwhile, for the Phase II of the PPP for School Infrastructure Project, there are already 1,690 completed and delivered classrooms as of October 31, 2015. This PPP project will benefit the following regions: Cordillera Administrative Region, Region I, II, III, X, and XIII. Bright Future Educational Facilities, Inc. and Citicore Holdings Investment, Inc.-Megawide Construction Corporation.
06 January 2015
By the Department of Education