7 firms eye $55M Manila bus terminal project

The Philippine government said it has 7 potential bidders for the 1st of Manila's 3 integrated transport terminals, matching the number of bids for the Mactan Cebu Airport terminal project.

Among the bidders are San Miguel, Ayala Land, Metro Pacific, Robinsons Land, EGIS Projects, DM Wenceslao and Associates Inc., Vicente T. Lao Construction.

The Southwest Terminal, which will have a site area of 2.9 hectares, will connect passengers coming from Cavite to other urban transport systems such as the future LRT-1 South Extension, city bus, taxi and other public utility vehicles plying Metro Manila.

The terminal will include a passenger terminal building, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities.

The project will be implemented using a Build-Transfer-Operate arrangement. The DOTC invited bidders to submit bids to finance, design, construct operate and maintain the ITS project for a period of 35 years.

To qualify to bid for the project, the DOTC said bidders should comply with legal, technical and financial capability requirements.

For instance, the bidder must have local or international experience within the last 10 years in successfully completing the development of one or more eligible projects with a cumulative cost of at least $44 million and with capacity of at least 300 parking bays for vehicles.

The bidder or related entity must also have a net worth of at least $13 million, and provide evidence it can raise loans of at least $31 million for the project.