Megawide - World Citi consortium close to win Philippine hospital PPP deal
The Philippine consortium formed by Megawide Construction Corp. and World Citi Inc. could soon be declared the winner for the new Philippine Orthopedic Center (POC) PPP project deal after its technical and financial proposals were, on June 24th, deemed "compliant" by the Health department.
Health Undersecretary Teodoro J. Herbosa, bids committee chairman, said Megawide and World Citi's offer would now be evaluated by the National Economic Development Authority-Investment Coordination Committee (NEDA-ICC).
A notice of award will be issued if the NEDA-ICC gives its approval, he added.
The consortium bid P5.672 billion (US$131 million) for the project, which the government had said would cost P5.7 billion (US$131.5 million). Megawide and World Citi also asked for an annual subsidy of P600 million (US$14 million) for five years.
However, Mr. Barbosa cited Republic Act (RA) 7718 or the amended build-operate-transfer law, which states that "direct negotiation shall be resorted to when there is only one complying bidder left".
The POC project involves the construction, operation and maintenance of a 700-bed facility that will be built inside the National Kidney Transplant Institute compound along East Ave. in Quezon City, Manila.
Megawide has already bagged one PPP project, one of the Phase One segments of the PPP School Infrastructure Project (PSIP). It has also qualified to bid for phase two of the PSIP.
Since the launch in November 2010 of the PPP program, a total of three projects worth roughly P28 billion (US$678 million) have already been awarded:
- Daang Hari-SLEx link road concession
- NAIA Expressway PPP Project
- PPP for School Infrastructure Project (PSIP)
Country news
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July 10, 2013
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The City Government of Talisay in coordination with the Public-Private Partnership Center of the Philippines is inviting Prospective Bidders to apply to pre-qualify and bid to finance, design, construct, operate and maintain the following for a minimum period of twenty years: Read more -
July 12, 2013
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July 17, 2013
Ayala and PINAI fund sign joint venture for wind project in the Philippines
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July 25, 2013
Tender launched for Cavite-Laguna Expressway PPP project
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July 31, 2013
Eleven bidders purchase bidding documents for Cavite - Laguna Expressway PPP
Philippine PPP Center announced on 30 July 2013 that so far 11 firms have expressed interest in the Cavite-Laguna Expressway (CALAX) PPP project.The firms have purchased the pre-qualification documents for prospective bidders after the Department of Public Works and Highways (DPWH) issued out its invitation to prequalify and bid last July 22, 2013. NAIA Expressway in ManilaAs of July 26, the interested firms include: San Miquel Corporation, Korea Expressway Corporation, Alloy MTD Philippines Inc., Macquarie Infrastructure Holdings (Philippines) Pte. Limited, Megawide Engineering Excellence, Leighton Contractors (Philippines), Inc., Makati Development Corporation, AC Infrastructure Holdings Corporation, EGIS Projects Developer of Infrastructure & Service, Metro Pacific Tollways Development Corporation, and Aboitizland, Inc.CALAX is the third project of the DPWH under the public-private partnership mode and has, so far, the biggest project cost at 35.42 billion pesos (US$806 million). It involves the financing, design and construction, operation and maintenance of the entire 4-lane, 47 km closed-system tolled expressway connecting CAVITEX and SLEX. Read more
