Implementing Agency
Camarines Norte Water District (CNWD)
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. More specifically, the· goal is to ensure sustainable and balanced water supply that will meet growing demand for the future at the least possible cost. The joint venture area is the concession area of Camarines Norte Water District consisting of seven municipalities namely Basud, Daet, Labo, Mercedes, San Vicente, Talisay and Vinzons. If there will be additional services outside the seven municipalities covered, the same shall be subject to an agreement mutually beneficial to the parties.
Estimated Project Cost During Approval
Php 2.99 Billion
Procurement Mode
Unsolicited
Contractual Scheme
Joint Venture (JV) Agreement
Contract Term
25 Years
Implementation Mode
National
Region
Sector
Environmental,Water & Sanitation
Private Proponent
Primewater Infrastructure Corp.
Status
Operational