by Raadee Sausa February 22, 2021 Sangley (Screengrab from YouTube) ...
February 22, 2021
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| Sangley (Screengrab from YouTube) |
The provincial government of Cavite is once again inviting firms interested in developing Sangley Airport.
This is the second invitation to bid for the airport's upgrade, which the local government published on Monday.
It comes after local authorities rejected the the plan submitted by the consortium of Lucio Tan’s MacroAsia Corp. and state-owned China Communications Construction Co. Ltd. (CCCC).
The request for proposals (RFP) will be available for distribution to interested applicants this entire March.
The RFP includes the project feasibility study, instructions to joint venture partners, and the draft joint venture and development agreement.
Before getting a copy, parties must hand in a written expression of intent for the project and ink the prescribed non-disclosure agreement. They must also pay a participation fee of P1 million, which is non-refundable.
Interested proponents must turn their submissions in by May 4, the invitation read.
Previous project registrants still interested must again submit an expression of intent, update their details, and pay a renewal fee of P25,000.
The winning bidder will be responsible for providing equity investment, debt financing, and credit enhancements necessary for the project.
It will also secure or procure engineering, procurement, and construction (EPC) services for the project's land and airport developments.
"Under the terms of the Project's no objection clearance from the Department of Transportation, no sovereign loan or National Government guarantee will be granted," the invitation further, read.
Tan's consortium bagged a multibillion peso contract to improve Sangley Airport in February last year, with the project set as a a public-private partnership with the Cavite government.
President Rodrigo Duterte previously said he wants the gateway to also handle domestic flights in a bid to decongest the Ninoy Aquino International Airport, which has been accommodating passengers millions more than its intended capacity.
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