PRESS RELEASE
22 December 2014
Two companies officially submitted their bid proposals for the Php 2.5 Billion pesos Integrated Transport System – Southwest Terminal of the Department of Transportation and Communications. Filinvest Land, Inc. and MWM Terminals, a consortium between Megawide Construction Corporation and WM Property Management, Inc. submitted their Qualification, Technical and Financial Documents for evaluation by the Project Bids and Awards Committee of the DOTC.
Among the companies who bought the bidding documents were D.M. Wenceslao and Associates, Inc., Ayala Land, Inc., Metro Pacific Tollways Corporation, San Miguel Corporation, Vicente T. Lao Construction, Egis Projects, Robinsons Land Corporation, Ayala Corporation, State Properties Corporation, Expedition Construction Corporation, MGS Construction, Altus San Nicolas Corporation, Megaworld Corporation and Tutuban Properties.
According to the DOTC’s project timeline, the ITS – Southwest will receive notification on the result of the evaluation this January 2015 for the opening of the technical bid.
The ITS – Southwest Terminal will be constructed in a 4.59 hectares of land. It will connect passengers coming from the Cavite side to other transport systems such as the future LRT Line 1 South Extension, city buses, taxis and other public utility vehicles that are serving inner Metro Manila. It will be implemented through a Build-Transfer-Operate arrangement. Under the BTO scheme, the private concessionaire using performance standards and specifications stated in the PPP concession agreement for a period of 35 years.
The ITS – Southwest is the first transport terminal project to be undertaken by the DOTC under a public-private partnership arrangement.
