Big prison project bidding moved to 2017

In order to give pre-qualified bidders ample time to prepare their bid proposals, the government decided to postpone the scheduled bidding of the P50.2-billion regional facilities project to April 27, 2017.

Supposed to be bid out this Nov.  24, 2016,  the regional prison facilities project  will be bid out through public-private partnership (PPP)  and will be the first PPP project to be administered by  the Department of Justice (DOJ) and the Bureau of Corrections (BuCor).

The project will be constructed in Fort Magsaysay, Nueva Ecija and will aim to accommodate 26, 880 inmates including staff housing and administrative buildings, areas for rehabilitation (sports, work and religious activity), and will be installed with high security equipment.

Three private companies have already pre-qualified for the project: Mega Structure consortium San Miguel Holdings Corp. and DM Consunji, Inc.

Using a build-transfer-maintain contractual arrangement, the winning bidder will be responsible for the financing, detailed design and construction, and maintenance of the prison facility for cooperation period of 20-years.

 

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Source: Malaya Business Insight