BCDA AGREES TO REBID MAJOR ROA PROJECT
THE BASES CONVERSION DEVELOPMENT AUTHORITY has agreed to a rebidding of the multi-billion peso Subic-Tarlac expressway project.
BCDA’S decision fallows the recommendation of the National Economic and development authority, which said the previous project bids where to high.
BCDA president and chief executive Rufo Calayco said said I a press briefing yesterday that the agency would seek the approval of the Japan bank for International cooperation to re-bid the civil work contracts for the SCTEP.
The move stemmed Neda’s finding the original bidding was void due to palses in procedure, according to director general an socioeconomic planning secretary Romulo Neri .
Colayco said the lowest bid received in the tender, conducted late in 2003 , was substantially higher than the budget approved by the Neda-Investment Coordinating Committee in 2000.
The project originally cost P15.7 billion when the Neda board originally gave the go-ahead in 1999.
It calls for the construction of a 44-kilomater expressway from Clark to Tarlac.
In April, Calayco said the BCDA was negotiating wit the Japanese consortium of Hazama Corp., Taisei Corp., and Nessei steel Corp. to bring down the cost of the 44-kilometer Clark-Tarlac segment from P 11 billion to P 8 billion.
The other component of the SCTEP is the 50.5-km. Subic Clark highway, whish would link Subic’s saport to Clrak’s airport.
The new road is expected to cut travel time between the two points from as long as two hours to just 30 minutes.
The BCDA ask Neda’s approvals for cost adjustment to P18,7 billion in 2001, or a total cost of P27.4 billion , including other expenses such as land and right of way.
Colayco said cost surged because of the devaluation of the peso, drastic increase in he price of steel and the price of raw materials, as well the design is changes in areas affected affected by lahar from MT. Pinatubo.
The BCDA erilier express reluctantce to hold a rebidding , but decided to follow NEDA’s recommendation .
“We will fallow whatever Neda says. We eant to show that there is unity among government agencies,” Colayco said.
As late as last Tuesday, Colayco said Neda’s position to re-bid the SCTEP would mean a delay in the project up to two years.
He added the move would endanger relations between the Philippines and Japan.
The JBIC is funding the project while Japanese construction firms have won the original auctions for SCTEP contracts.
The contracts, however , were never awarded. Colayco said the BCDA would resubmit the subject proposals to Neda-ICC next week.
“We expect to have another bidding in three months,” he said.
By Ronnel Domingo
PHILIPPINE DAILY INQUIRER
Thursday, July 29, 2004
BCDA’S decision fallows the recommendation of the National Economic and development authority, which said the previous project bids where to high.
BCDA president and chief executive Rufo Calayco said said I a press briefing yesterday that the agency would seek the approval of the Japan bank for International cooperation to re-bid the civil work contracts for the SCTEP.
The move stemmed Neda’s finding the original bidding was void due to palses in procedure, according to director general an socioeconomic planning secretary Romulo Neri .
Colayco said the lowest bid received in the tender, conducted late in 2003 , was substantially higher than the budget approved by the Neda-Investment Coordinating Committee in 2000.
The project originally cost P15.7 billion when the Neda board originally gave the go-ahead in 1999.
It calls for the construction of a 44-kilomater expressway from Clark to Tarlac.
In April, Calayco said the BCDA was negotiating wit the Japanese consortium of Hazama Corp., Taisei Corp., and Nessei steel Corp. to bring down the cost of the 44-kilometer Clark-Tarlac segment from P 11 billion to P 8 billion.
The other component of the SCTEP is the 50.5-km. Subic Clark highway, whish would link Subic’s saport to Clrak’s airport.
The new road is expected to cut travel time between the two points from as long as two hours to just 30 minutes.
The BCDA ask Neda’s approvals for cost adjustment to P18,7 billion in 2001, or a total cost of P27.4 billion , including other expenses such as land and right of way.
Colayco said cost surged because of the devaluation of the peso, drastic increase in he price of steel and the price of raw materials, as well the design is changes in areas affected affected by lahar from MT. Pinatubo.
The BCDA erilier express reluctantce to hold a rebidding , but decided to follow NEDA’s recommendation .
“We will fallow whatever Neda says. We eant to show that there is unity among government agencies,” Colayco said.
As late as last Tuesday, Colayco said Neda’s position to re-bid the SCTEP would mean a delay in the project up to two years.
He added the move would endanger relations between the Philippines and Japan.
The JBIC is funding the project while Japanese construction firms have won the original auctions for SCTEP contracts.
The contracts, however , were never awarded. Colayco said the BCDA would resubmit the subject proposals to Neda-ICC next week.
“We expect to have another bidding in three months,” he said.
By Ronnel Domingo
PHILIPPINE DAILY INQUIRER
Thursday, July 29, 2004
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