Business World

GMR-Megawide submits lowest offer to upgrade Clark airport

- By Patrizia Paola C. Marcelo Reporter

THE CONSORTIUM of Megawide Constructi­on Corp. and Bangaloreb­ased GMR Infrastruc­ture Ltd. has submitted the lowest-cost offer to upgrade the Clark Internatio­nal Airport (CIA), according to the Bases Conversion and Developmen­t Authority (BCDA).

The BCDA opened on Thursday the financial bids for the Clark Internatio­nal Airport (CIA) Phase I terminal upgrade, showing the GMR-Megawide consortium submitted the lowest offer at P9.36 billion. This was 25% lower than government’s set ceiling of P12.5 billion for the new airport terminal building.

“They ( GMR- Megawide) are the lowest rated bid right now, but we are going to make sure they are responsive as well,” Joshua M. Bingcang, BCDA vice-president and chairman of the Special Bids and Awards Committee (SBAC), told reporters.

Sinohydro Corp. made the second lowest bid at P10.68 billion, followed by China Harbour Engineerin­g Company Ltd. (P11.73 billion), China State Constructi­on Engineerin­g Corp. Ltd. (P12.3 billion), and the consortium of Tokwing Constructi­on Corp. and China Machinery Engineerin­g Corp. (P12.5 billion).

Only Megawide and Tokwing are the Philippine-based companies involved in the bidding.

The BCDA said the SBAC will do post-qualificat­ion evaluation and will award the contract on Dec. 18. Groundbrea­king for the Clark project is scheduled on Dec. 20.

Mr. Bingcang said the SBAC will communicat­e with GMR-Megawide consortium’s clients to get feedback on past projects, as well as its banks to verify its funding capabiliti­es.

If the GMR-Megawide consortium fails to meet the post-evaluation qualificat­ions, the BCDA will then consider Sinohydro’s bid.

In 2014, the GMR-Megawide consortium won the contract for the P17.52- billion Mactan-Cebu Internatio­nal Airport ( MCIA) Passenger Terminal Building project under the Aquino administra­tion’s flagship public- private partnershi­p (PPP) program and the concession to develop MCIA for a period of 25 years.

In June this year, the GMR-Megawide consortium submitted a P208- billion unsolicite­d proposal for the 50-year long-term developmen­t of MCIA.

Megawide is also awaiting approval of the East-West Railway Project. It announced in July that it acquired a stake in the consortium composed of East-West Rail Transit Corporatio­n and Alloy MTD, giving it the right to participat­e in the Philippine National Railways’ (PNR) rail project.

Megawide is also the private partner for the Southwest Integrated Terminal Exchange ( SWITX) an intermodal transport terminal intended to provide connectivi­ty for commuters in the southern parts of Metro Manila.

Other PPP projects awarded to Megawide include the modernizat­ion of Philippine Orthopedic Center together with World Citi, and the school infrastruc­ture project phase I and II.

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