Industry: DOTC accepts technical bids of Megawide, Filinvest for ITS-Southwest Terminal project

The Department of Transportation and Communications (DOTC) has accepted the technical proposals of Filinvest Land, Inc. and Megawide Construction Corp. subsidiary MWM Terminals for the Integrated Transport System-Southwest (ITS-Southwest) Terminal Project, paving the way for an earlier-than-scheduled opening of financial bids.

“Both have passed. We opened the technical proposals last Thursday,” said DOTC Secretary Joseph Emilio A. Abaya.

The DOTC Bids and Awards Committee (BAC) opened and started evaluating the technical proposals of the two qualified bidders last January 8.

“The BAC is now targeting to open the financials on Tuesday. Then a few days after that is the announcement of the winning proponent,” DOTC spokesperson Michael Arthur Sagcal said. 

The approval of the technical proposals cut short a 15-day period planned earlier for such clearance.

Megawide and Filinvest land are just two of the 16 investor groups that initially bought bid documents for the P2.5-billion 35-year ITS-Southwest Terminal deal. Only the two groups submitted qualification papers, technical offers and financial bids last December 22.

The project, to be built on a 4.59-hectare site near the Manila-Cavite Expressway, is intended to give commuters from the Cavite side access to various transport modes, including the future Light Rail Transit Line 1 South Extension. It is the first of its kind to be auctioned off by the government.