Public-Private Partnership Center

Implementing Agency

Department of Education (DepEd)

Project Description

The PSIP Phase II involves the designing, financing, and constructing of 1,657 one-storey, two-storey, three-storey and four-storey classrooms, including furniture, fixtures, and toilets in 2 regions (Regions X and CARAGA).

Estimated Project Cost During Approval

Php 1,604.59 Million

Procurement Mode

Solicited

Contractual Scheme

Build-and-Transfer (BLT)

Contract Term

None

Implementation Mode

National

Region

• CARAGA
• REGION X - NORTHERN MINDANAO

Sector

Education

Private Proponent

BSP & Company, Inc. / Vicente T. Lao Construction (JV) (BSP-VTL JV Consortium)

Status

1,657 classrooms completed as of March 8, 2021. Ongoing defects liability period or warranty period for the constructed classrooms