The City Government of Ormoc through the Project Development and Monitoring Facility (PDMF) managed by the Public-Private Partnership Center (PPP Center) taps a transaction advisor for the city’s Water Supply System PPP Project. Ormoc signed an agreement with the Joint Venture of Orient Integrated Development Consultants Inc., Engineering and Development Corporation of the Philippines, and UPLB Foundation Incorporated for the Project Preparation and Transaction Advisory Services of the local government unit’s water supply system project.
The PDMF contract for consultant’s services was signed on July 21, 2020 and the Notice to Proceed, instructing the consultant to commence services on July 21, 2020, was issued to the Joint Venture of Orient Integrated Development Consultants Inc., Engineering and Development Corporation of the Philippines, and UPLB Foundation Incorporated on July 20, 2020.
The PDMF consultant is tasked to provide the project preparation and transaction advisory services in the following phases:
- Project Inception
- Feasibility Study and Project Structuring;
- Preparation of Selection/Tender Documents and Assistance in the Competitive Selection Process; and
- Assistance and Advisory until Financial Close.
The Ormoc City Water Supply System PPP Project Project aims to provide a comprehensive water supply system to meet the demand for good quality and sufficient water supply, and an operation capable of providing Level III service to its service area on a 24/7 basis, i.e. continuous water service without interruption.
The Project shall involve sourcing of bulk water supply from Lake Danao and other possible sources, including the Inawasan River; construction of a water supply facility and its ancillary appurtenances, which shall include additional construction of reservoir and new pipeline from bulk water to augment interconnection of existing pipelines; establishment of clarifier and filtration gallery to improve the quality of water supply; upgrading of the 28 service areas with Level II systems to Level III system; and Operations and maintenance (O&M) of the entire water supply system covered by the Project.