MANILA, Philippines – The Department of Transportation and Communications (DOTC) has again postponed the deadline for the submission of bids for the proposed P2.5 billion Integrated Transport System (ITS) project-Southwest Terminal to August 30.
The deadline was moved to August 30 instead of June 16 to give interested parties more time to adjust to the revised terms approved by the National Economic and Development Authority (NEDA) Board just last week.
The original deadline of submission of bids for the project was on May 15, but was moved to June 16 due to revisions in the concession agreement to make it more attractive to bidders.
A third round of one-on-one meetings with interested bidders will be held between July 7 and July 11 to discuss the revised terms, DOTC Usec. Rene Limcaoco said in a bid bulletin.
The interested bidders in the project are San Miguel Corp., Ayala Corp., Metro Pacific Tollways Corp., Robinsons Land Inc., D.M. Wenceslao and Associates Inc., Vicente T. Lao Construction, Egis Projects Philippines, Filinvest Land Inc., Megawide Construction Corp., State Properties Corp., and Expedition Properties Corp.
The public-private partnership project involves the construction of an integrated terminal in a 2.9-hectare property lot along the Manila-Cavite Expressway.
The integrated terminal will connect passengers coming from Cavite to the Light Rail Transit-Line 1 South Extension to Bacoor, buses, taxis, and other public utility vehicles plying Metro Manila.
It will house a passenger terminal, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities.