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

Project Brief
Project Description

The project involves the financing, development, improvement, rehabilitation, expansion, operation and maintenance of Water Supply System in the JV Area to be jointly undertaken by PRIMEWATER and MCWD through a contractual joint venture arrangement for a period of twenty-five (25) years, renewable for another twenty-five (25) years as provided in the Agreement.

Implementing Agency

Malaybalay City Water District (MCWD)

Contractual Arrangement

Joint Venture (JV) Agreement

Region

  • Region X - Northern Mindanao

Sector

Water and Sanitation

Estimated Project Cost During Approval

Php 1.50 Billion

Procurement Mode

Unsolicited

Contract Term

25 Years

Implementation Mode

National

Private Proponent

Primewater Infrastructure Corporation

Status

Operational