The consortium of San Miguel Corporation (SMC) and Korea Water Resources Corporation (K Water) offers the best bid for the P24.4 billion Bulacan Bulk Water Supply Project (BBWSP) of the Metropolitan Waterworks and Sewerage System (MWSS) under the country’s Public-Private Partnership (PPP) Program.
The bid parameter for BBWSP is the lowest bulk water charge per cubic meter that Bulacan water districts would have to pay the private proponent.
SMC-K Water Consortium gave the lowest bulk water charge of the P8.50 per cubic meter while the bids of Prime-Alloy Water Consortium and Team Polaris at P9.75 and P10.65 respectively.
Prime Alloy Water Consortium is comprised of Prime Water Infrastructure Corp., MTD Capital BHD and Biwater International Ltd. while Team Polaris – Manila Water is made of up consortium members Manila Water, M.E. Sicat Construction and the J.H. Patawaran Construction.
The financial bid results revealed today will be subject to further evaluation before the Notice of Award is issued. MWSS expects to officially award the project to the winning bidder next month.
Administrator Gerardo A.I. Esquivel in his welcome message during the opening of financial proposals emphasized that MWSS takes water security seriously.
“The Bulacan Bulk Water project is all about water security, equality, and leveling-up the lives of millions of Filipinos that continue to be deprived of a basic human right,” Esquiviel added.
The private partner will undertake the financing, detailed design and construction, and maintenance of conveyance facilities, treatment facilities and water source under a 32-year concession period.
The project will provide treated bulk water to the 24 water districts of Bulacan to help meet the increasing water demand of its consumers, expand its current service area coverage and increase the households served.
The BBWSP is one of the two water projects of the MWSS under a PPP mode together with the P18.72 billion New Centennial Water Source-Kaliwa Dam Project.
