Republic of the Philippines

Public-Private Partnership Center

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

Project Brief

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Implementing Agency

Department of Education (DepEd)

Project Description

The PSIP Phase I – Package A project involves the design, financing and construction of about 2,156 one-storey and two-storey classrooms, including furniture and fixtures, in various sites in Region I.

Project Cost

Php 3,445.90 Million

Procurement Mode

Solicited

PPP Structure

Build-Lease-and-Transfer (BLT)

Cooperation Period

10 Years (Year varies per sub-project)

Region

  • REGION I - ILOCOS

Sector

Education

Private Proponents

Bright Future Educational Facilities, Inc. (BF Corporation-Riverbanks Development Corporation)

Status

2,156 classrooms completed and delivered on December 4, 2015 First periodic maintenance works physically completed. Validation of finished works is at 67.21% (1,449/2,156 classrooms) complete as of June 25, 2021.

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

Consortium of BF Corporation-Riverbanks Development Corporation

  • MR. ALAIN DEL B. PASCUA
    Undersecretary for Finance and Administration, DepEd
    (+632) 8637.6207
  • ENGR. PAOLO DAVID
    Project Monitoring Officer, PPP Center
    (+632) 8709.4146 local 5204