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Business

Filinvest, Megawide submit bids for Southwest terminal

Lawrence Agcaoili - The Philippine Star

MANILA, Philippines - Filinvest Land Inc. of taipan Andrew Gotianun and a group led by Filipino-owned Megawide Construction Corp. have submitted bids for the P2.5 billion integrated transport system (ITS) – Southwest terminal.

Jose Perpetuo Lotilla, undersecretary of the Department of Transportation and Communications (DOTC), yesterday announced that Filinvest Land and Megawide’s MWM Terminals submitted qualification documents as well as technical and financial proposals for the public private partnership (PPP) projects.

“We had 16 that brought prequalification documents. But for reasons unknown to us, only two companies were the ones who submitted qualification documents for the project,” Lotilla said.

Aside from Filinvest and Megawide, other companies that bought bid documents include diversified conglomerate San Miguel Corp., Ayala Corp. and property giant Ayala Land Inc., Metro Pacific Tollways Corp. of infrastructure giant Metro Pacific Investments Corp., Robinsons Land Inc. of taipan John Gokongwei, D.M. Wenceslao and Associates Inc., Vicente T. Lao Construction, French-owned Egis Projects Philippines; Megaworld Corp.; State Properties Corp.; Expedition Properties Corp.; MGS Construction Inc.; Altus San Nicolas Corp.; and Tutuban Properties.

DOTC spokesman Michael Arthur Sagcal said the agency is hopeful of getting good proposals from the two bidders in order to get the best deal for the government.

“Although we would have preferred to have more groups participating in the bid, we are nevertheless satisfied to have two reputable companies competing for the project,” Sagcal said.

He pointed out that documents submitted yesterday included technical and financial proposals that would be evaluated by the Bids and Awards Committee (BAC).

“The BAC will have 10 days to determine the bidders based on their qualification documents and another 20 days to evaluate the technical proposals of qualified bidders,” he said.

vuukle comment

ALTUS SAN NICOLAS CORP

ANDREW GOTIANUN

AYALA CORP

AYALA LAND INC

BIDS AND AWARDS COMMITTEE

CONSTRUCTION INC

CORP

DEPARTMENT OF TRANSPORTATION AND COMMUNICATIONS

EGIS PROJECTS PHILIPPINES

EXPEDITION PROPERTIES CORP

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