PPP: DOTC revises deal terms for five regional airport projects under PPP

The Department of Transportation and Communications (DOTC) is revising the bidding terms for the P108.19-billion contract to develop, operate, and maintain five regional airports under the public-private partnership (PPP) program. 

In a general bid bulletin, the DOTC said: “In view of the requests of interested participants, please be advised that the qualification documents submission is hereby extended to 40 days after the release of the final version of the Instructions to Prospective Bidders (ITPB).”

Originally scheduled for May 18, the deadline of submission of prequalification was extended as requested by prospective bidders. 

“The ITPB was first released in March but there are some changes which are now for CAAP’s (Civil Aviation Authority of the Philippines) review and approval,” said DOTC spokesperson Michael Arthur C. Sagcal.

The Pre-qualification, Bids and Awards Committee (PBAC) of the DOTC will issue another bulletin to confirm the actual submission date.

Last April, PPP Center Executive Director Cosette V. Canilao said that five groups had bought bid documents for the project: the consortium of Metro Pacific Investments Corp. (MPIC) and JG Summit Holdings, Inc.; San Miguel Corp,; Aboitiz Equity Ventures, Inc.; the group of Megawide Construction Corp. and Bangalore-based GMR Infrastructure Ltd.; and air cargo warehousing firm Philippine Skylanders, Inc.

Grouped into two bundles, the five regional airports include the P20.26-billion Bacolod-Silay Airport and P30.40-billion Iloilo Airport (first bundle), and the P2.34-billion New Bohol (Panglao) Airport, P14.62-billion Laguindingan Airport and the P40.57-billion Davao Airport (second bundle). 

Qualified bidders can join the auction for one or both bundles.

The government has set a two-stage bidding process for the regional airport auction, which means that qualification documents are submitted separately from the financial and technical proposals. 

The winning bidders will finance, design, build, operate and maintain the facilities for 30 years.