Phillipines gets ready to tender £585m water PPPs

Published on by in Business

Phillipines gets ready to tender £585m water PPPs

Bidding will open this month under the Philippine government's public-private partnership (PPP) programme for two water supply contracts worth an estimated 43.1 Billion pesos (£585m).

The two water projects of the Metropolitan Waterworks and Sewerage System (MWSS) have already attracted considerable interest from would-be investors. A Water Infrastructure Forum - Invest Water PH - earlier this week brought together more than 200 participants from the private sector.,

Speaking at the Forum, Cosette Canilao, executive director at the PPP Center, the Philippine state agency reviewing PPP projects, said that water security remains one of the government's priorities and that the Government would look to bid the contracts out in the coming weeks.

The Php 24.4 Billion peso Bulacan Bulk Water System project will provide universal access to potable water specifically for the Bulacan Province, under a 30-year contract covering the financing, construction, operation and maintenance of the facilities. The MWSS hopes to publish its Invitation to Pre-Qualify and Bid with in June 2014.

The other PPP water project up for bidding this month is the Php 18.7 Billion-peso New Centennial Water Source- Kaliwa Dam Project. The new dam will help gain water security for Metro Manila and its adjoining areas by increasing the supply of raw water and reducing Metro Manila's dependence on the Angat Reservoir. MWSS plans to publish the Invitation to Pre-qualify and bid within June 2014, with bid submissions expected on December 2014.

Indicative timelines for the issuance of the notice to proceed and the signing of the contracts is set for Q1 of 2015.

Both water projects are a recipient of the Project Development and Monitoring Facility (PDMF) of the PPP Center. Under the PDMF, UK-based IMC Worldwide Ltd., an international development consultancy with roots in the planning, design and management of global infrastructure projects and its consortium partner Romulo Mabanta Buenaventura Sayoc & de los Angeles, are providing the technical support for the Bulacan Bulk Water Supply project.

The consortium of the Rebel Group International BV made up of Puyat Jacinto & Santos (PJS Law) Allen and Overy, Crisil Risk and Infrastructure Solutions Ltd. (India) and Royal Haskoning, are providing technical assistance for the New Centennial Water Supply project.

Source

Media

Taxonomy