The Municipality of Mangatarem has invited interested Private Sector Participants (PSPs) to apply for eligibility and to submit comparative proposals for the Mangatarem Development of Water Supply – Level III Project which involves the financing, planning, design, construction, operation and maintenance of a water source and water distribution system and supply of water to metered customers.

Eligibility Requirements:

• Legal Capacity

The PSP may be an individual, partnership, corporation, or consortium. In the case of an individual
PSP, the PSP must be a Filipino Citizen. If the PSP or the consortium member is a domestic partnership or corporation it must be registered with the Securities and Exchange Commission (SEC). If the Consortium member is a foreign partnership, corporation, or other juridical entity, it must be duly registered with a foreign counterpart of the SEC. The PSP is a consortium, a partnership, or a corporation that must also be at least 60% Filipino-owned.

• Technical Capability

The PSP or the consortium member/s must have completed a project similar to or related to the project whose value, adjusted to current prices using the Philippine Statistic Agency (PSA), Consumer Price Index (CPI), must be at least 50% of the cost of the project.

• Financial Capacity

PSP must have the capacity to finance the completion of the project. The financial capacity shall be measured in terms of the ability to provide a minimum amount of equity to the JV, or a deposit equivalent to the minimum equity required to set aside or earmark for the
project, and or ability to obtain sufficient financing for the project.

The PSPs shall submit the Eligibility Documents and the Comparative Proposal to the address no later than April 14, 2025, at 1:00 PM PST. For additional details about this tender, please visit our Business Opportunity page here.