Republic of the Philippines

Public-Private Partnership Center

Joint Venture Agreement for the Financing, Development, Rehabilitation, Expansion, Improvement, Operation and Maintenance of the Water Supply and Septage System of Iriga City Water District

Project Brief
Implementing Agency

Iriga City Water District (ICWD)

Project Description

The general objective of the project is primarily to attain the highest possible level of water supply service for, as far as feasibly possible, 100% of water consumers within the coverage of the joint venture area. The project is located in Iriga City. It covers the service area of Iriga City Water District. Currently, 23 out of the 36 barangays of Iriga City, Camarines Sur are being served by the project.

Project Cost

Php 1,787.14 Million

Procurement Mode

Unsolicited

PPP Structure

Joint Venture (JV) Agreement

Cooperation Period

25 Years (2018-2043)

Region

  • REGION I - ILOCOS
  • REGION V - BICOL

Sector

Water and Sanitation

Private Proponent

Primewater Infrastructure Corp.

Status

Operational