The Philippine Transportation Department has reset the deadline for the submission of bids for the P60-billion (US$700 million) Light Rail Transit Line 1 Cavite extension project. The agency said in a general bid bulletin posted on its Web site it would give the four prequalified bidders until Aug. 15 this year to submit their bid proposals. This was extended 15 days more from the previous July 30 deadline.
LRT-1 line in ManilaThe agency said it granted the request of two bidders who had asked for the extension.The list of pre-qualified bidders is the following:Light Rail Manila- Sponsors: Metro Pacific Investments Corp. (33%) and Ayala Corporation (33 %), Metro Pacific Light Rail Corp. (12%), AC Infra Holdings Corp. (12%) and Macquarie Infra Holdings Philippines PTE Ltd. (10%).- Infrastructure Contractors: Bouygues Travaux Publics SA, Obrascon Huarte Lain SA, Leighton Contractors (Asia) Ltd.- Systems and Rolling Stock Contractor: Alstom Transport SA and Ansaldo STS- O&M: RATP Development SASMC Infra Resources - Sponsors: SMC Infra Resources (San Miguel Corp.) - Infrastructure contractors: GS Engineering & Construction Corp., POSCO Engineering and Construction Co. Ltd.* O&M and Rolling stock: Korea Railroad Corp.DMIC Holdings,Inc - Sponsor: DMIC Holdings,Inc- Infrastructure Contractors: DM Consunji, Inc.- Systems and Rolling stock contractor: Marubeni Corp.- O&M: Sistema de Transporte Colectivo Metrorrey.MTD-Samsung consortium- Sponsors: MTD Capital Bhd (33%), Samsung C&T Corp. (20%), Union Equities, Inc. (15%), DM Wenceslao and Associates, Inc. (12%), Primewater Infra Corp. (20%).- Infrastructure Contractors: MTD Capital and Samsung C&T Corp.- Systems and Rolling stock contractors: Hyundai Rotem Corp- O&M: Seoul Metro.The DOTC tapped International Finance Corporation (IFC) and state-owned Development Bank of the Philippines as transaction advisors. The project has five components: