MANILA, Philippines – The Department of Transportation and Communications (DOTC) will likely award the single ticketing system project for the Light Rail Transit (LRT) and Metro Rail Transit (MRT) on Thursday.
The DOTC is set to award the P1.72 billion contract to the tandem of conglomerate Ayala Corp. and infrastructure giant Metro Pacific Investments Corp. (MPIC), pending approval of the Regional Development Council of the National Capital Region.
"I checked what is critical is the RDC today, I talked with the chairman today. Once we get RDC approval which is an essential requirement then we could award. That's a requirement for eventual award,” Transportation Sec. Jun Abaya said on Wednesday.
He added that issues raised by losing and disqualified bidders will be addressed before making an award.
The AF Consortium led by Ayala and MPIC submitted a negative bid of P1,088,103,900 for the project.
Henry Sy’s SM Consortium submitted a negative bid of P1,088,000,000 while the Comworks-Berjaya Consortium submitted a bid of P2,050,090,300.
The contract signing is scheduled on the last week of January and the full implementation of the project is set on the third quarter of 2015.
The LRT-MRT single ticket system aims to ease payment for the train system as well as other modes of transportation such as buses. It can also be used in paying toll, electronic banking, and shopping.