DPWH postpones Cavite-Laguna toll road bid deadline

Posted at 05/13/2014 8:03 PM | Updated as of 05/13/2014 8:03 PM

MANILA – The Department of Public Works and Highways (DPWH) again moved the deadline for the submission of bids for the Cavite-Laguna Expressway project to a later date to give interested parties more time to prepare their bid documents.

The deadline for the submission of bids for the P35.4 billion project was moved to June 2 instead of May 21.

The original deadline was set on January 20, but was later moved to April 21, then to May 21.

“In response to the request for additional time to prepare, complete, and finalize all bid documents, the bid proposal submission date is moved from May 21 to June 2,” Public Works Assistant Secretary Eugenio Pipo Jr. said in DPWH Special Bid Bulletin No. 33.

The DPWH earlier issued a bulletin containing revisions to instruction to bidders, which include a requirement to submit a bid in the form of the viability gap funding (VGP) or subsidy not to exceed P5 billion or the bid that would be paid to the government as concession payment.

“The amount the bidder requires from the VGP, which shall be from zero to a maximum amount of P5 billion; or the amount which the bidder shall pay the DPWH as concession payment, if the bidder does not require any amount from the VGF,” the DPWH said.

The four prequalified groups for the project are the Ayala-led Team Orion, Metro Pacific Investments Corp.’s (MPIC) MPCALA Holdings Inc., San Miguel Corp.’s Optimal Infrastructure Development Inc., and Malaysia ’s Alloy MTD Philippines.

The 47-kilometer closed-system toll expressway will connect the South Luzon Expressway (SLEX) and the Manila-Cavite Tollroad Expressway (Cavitex).