THE submission for the prequalification documents of prospective bidders for the multimillion-peso deal to upgrade the computer system of the Land Transportation Franchising and Regulatory Board (LTFRB) has been pushed back to end-October.
The 18-day extension of the deadline, according to LTFRB Chairman Winston M. Ginez, was given to the bidders to give them ample time to prepare their documents.
The P298-million public-private partnership (PPP) project will upgrade the existing information technology infrastructure of the LTFRB. It intends to computerize the agency’s manual processes, as well as the development, supply and operationalization of its network infrastructure (hardware) and database and applications (software).
The computerization efforts will help clean up existing data of the LTFRB, enhance data collection and processing. It is also envisioned to effect integration within the regulatory body and among related agencies.
This will lessen the processing time for its transactions, promote and improve access to public information and provide channels for feedback.
Based on the latest data from the PPP Center, around 12 PPP projects worth P284.98 billion are now under implementation.
This includes the 10 projects worth P189.02 billion that have been awarded to private companies and two other projects worth P95.96 billion that are also for implementation.
The main pipeline, or the list of projects that have not been awarded, includes 40 projects worth P811.71 billion.
This includes 14 projects worth P518.28 billion that are under procurement and 12 projects worth at least P67.45 billion with ongoing studies and procurement of consultants for preinvestment studies.
The list also includes two projects worth P24.79 billion that are for roll out or for bidding.
18 October 2015
By Lorenz S. Marasigan
