By Patrizia Paola C. Marcelo
FIVE OF THE SEVEN groups that submitted bids for the Clark International Airport (CIA) Phase I terminal upgrade project have qualified for the next stage of the bidding process.
The Bases Conversion and Development Authority (BCDA) on Thursday said the companies eligible to make financial bids are China State Construction Engineering Corp., China Harbour Engineering Company Ltd., Sinohydro Corporation Limited, the joint venture of Megawide Construction Corp. and GMR Infrastructure (Singapore) PTE Limited, and the consortium of China Machinery Engineering Corp. (CMFC) and Tokwing Construction Corp.
However, the consortium of DDT Konstract, Inc. and DABS, and R-II Builders, Inc. and Losberger were deemed ineligible due to due to noncompliance with the prescribed requirements of the project.
“They did not comply with the different sets of requirements prescribed, from legal, technical, and financial. For example, they cannot prove that they have the minimum experience [in constructing airports]. They were saying that they have experience but they did not have the supporting documents. They also should have the capacity to raise funds,” BCDA Vice-President for Business Development and Chairman of the Special Bids and Awards Committee (SBAC) told BusinessWorld during the opening of the technical documents on Thursday.
Among the qualification requirements are the completion of a total of P15 billion worth of related projects; design of an airport currently in operation; net worth of at least the cost of the project; and the capacity to raise loans, with the winning bidder putting up 20% equity.
Qualified bidders will move on the next phase, which is the opening and evaluation of financial documents, scheduled on Dec. 14.
The BCDA targets to award the Engineering, Procurement, and Construction Contract on Dec. 15. Groundbreaking for the project is targeted on Dec. 20.