MANILA, Philippines - Interested bidders for the proposed P1.72 billion ticket system for the Light Rail Transit and Metro Rail Transit will get more time to prepare their qualification documents.
Transportation Undersecretary Jose Perpetuo Lotilla issued General Bid Bulletin 3 - 2013 which moved the deadline for bidders to submit their qualification documents to March 14.
"To give prospective bidders ample time to prepare their qualification documents, the submission and opening of qualification documents for the aforementioned project is extended from Feb. 14 to March 14," he said.
There are 22 companies that have expressed interest in bidding for the project. This includes French firm Egis Project's Easytrip Services Corp., Metro Pacific Investments Corp. (MPIC) and Ayala Corp. with Globe Telecom Inc.'s G-Xchange Inc.
A public private partnership (PPP) project, the Automatic Fare Collection System envisions a "contactless" ticket system similar to those used in Hong Kong and South Korea. The stored value train tickets can be used not just on the subway but also at shops and banks.
With smart card technology, Hong Kong's Octopus Card and South Korea's T-Money can be used not just for public transportation system but also convenience stores and banks.
At present, there are different ticketing schemes for the LRT Lines 1 and 2 and MRT 3.