PPP for School Infrastructure Project Phase I (PSIP I) – Package C

Project Brief

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Implementing Agency

Department of Education (DepEd)

Project Description

The PSIP Phase I -Package C project involves the design, financing and construction of about 4,255 one-storey and two-storey classrooms, including furniture and fixtures, in various sites in Region IV-A.

Project Cost

Php 7.68 Billion

Procurement Mode

Solicited

PPP Structure

Build-Lease-and-Transfer (BLT)

Cooperation Period

10 Years (Year varies per sub-project)

Region

REGION IV-A - CALABARZON

Sector

Education

Private Proponent

Citicore Megawide Consortium Inc. (Citicore Holdings Investment, Inc. - Megawide Construction Corporation)

Status

4,255* classrooms completed and delivered on December 4, 2015.

First periodic maintenance works completed.
Second periodic maintenance works: 7.59% (336/4,253** classrooms) complete as of August 31, 2022.

*classroom count brought back to 4,255 upon DepEd's correction of an encoding error

List of Bidders

Prospective Bidders

1. BF Corporation
2. Penta Capital Investment Corporation
3. D.M. Consunji, Inc.
4. Megawide Construction Corporation
5. Makati Development Corporation
6. D.M. Wenceslao & Associates, Inc,
7. Vicente T. Lao Construction
8. Tokwing Construction Corp.
9. First Balfour, Inc.
10. Goldenville Realty & Development Corp. JV with HG III Construction and Development Corporation
11. DATEM Inc.
12. DDT Konstract, Inc.
13. MTD Construction (Phils.), Inc.
14. TKG Logistics Ltd. UK & (QBC) Qatar Building Company
15. Junton & Williams
16. People’s Reform Initiative for Social Mobilization Foundation, Inc.
17. Aboitiz Equity Ventures, Inc.

Prequalified Bidders

1. Consortium of BF Corporation-Riverbanks Development Corporation
2. Citicore Holdings Investment, Inc.-Megawide Construction Corporation
3. D. M. Consunji, Inc.
4. Makati Development Corporation-First Balfour, Inc.
5. D. M. Wenceslao and Associates Inc.-DATEM, Inc.
6. Makati Development Corporation.

Bidder/s

1. Consortium of BF Corporation-Riverbanks Development Corporation
2. Citicore Holdings Investment, Inc.-Megawide Construction Corporation

Winning Bidder/s

Citicore Holdings Investment, Inc.-Megawide Construction Corporation

MS. KRISTINA ALODIA A. ARMENGOL
Project Monitoring Officer, PPP Center
(+632) 709.4146 local 5203

Republic of the Philippines

Public-Private Partnership Center