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10/17/2014

DPWH moves Lakeshore bid deadline

MANILA – The deadline for the submission of pre-qualification documents for the P123-billion Laguna Lakeshore expressway dike project has been moved to January 2015, the Department of Public Works and Highways (DPWH) said.
The DPWH issued Supplemental Bid Bulletin No. 04 to extend the submission of qualification documents to January 14, 2015 instead of the original deadline of October 16, 2014.

“This is on the request of most of the bidders for 90 days extension to give them more time to engage and choose the right partners for the project,” said Public Works Secretary Rogelio Singson.

The shortlist of pre-qualified bidders will be announced on February 3.

Public Works Undersecretary Rafael Yabut said the special bids and awards committee (BAC) for public-private partnership projects will hold a pre-bid conference and one-on-one meetings with interested bidders.

Twenty-two companies have expressed interest in the Aquino administration’s largest PPP project, including Ayala Land Inc., Filinvest Land Inc., GT Capital Holdings Inc., JG Summit Holdings Inc., Metro Pacific Investments Corp., Megaworld Corp., San Miguel Corp., and the Lucio Tan Group.

Other companies that are interested are Aboitiz Group, Megawide Construction Corp., State Properties Corp., the Laguna Lakeshore Consortium, JV Power and Wealth Corp., Macquarie Capital Securities, Minerales Industrias Corp., Alloy MTD-Hashin -Vista Land, Egis SA, Leighton Contractors, Muhibbah Engineering (M) Berhad, Macquarie Securities (Phil) Inc. (Australia), and PT Star Line of Indonesia.

The lakeshore project involves the construction of a 47-kilometer flood control dike, and a six-lane expressway.
The road will pass through Taguig, Muntinlupa, Calamba, and Los Banos.

Around 700 hectares of foreshore and offshore areas will be reclaimed in Taguig and Muntinlupa.
The project, which was approved by the National Economic and Development Authority (NEDA) Board in June, aims to mitigate flooding in the coastal towns of Laguna Lake; improve the lake’s environmental condition; and promote economic activities through the efficient transport of goods and people.

It is also envisioned to provide opportunities for developing a new business and residential district in the reclaimed areas.
Source: abs-cbnnews

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