BCDA finalizing terms for SCTEx lot bidding

MANILA, Philippines - The Bases Conversion and Development Authority (BCDA) aims to finalize within the month the terms of reference  for the planned rebidding of the two-hectare Macangcung service area along the Subic-Clark-Tarlac Expressway (SCTEx).

“(We are) working to have the revised terms of reference approved within this month,” BCDA Asset Disposition Program Committee chair Nena Radoc said in a text message yesterday.

As the revision of the terms of reference has yet to be completed, no definite date for the bidding of the lease and development of the Macangcung service area has been set, she said.

The Macangcung service area is located in the Clark-bound/north-bound direction of the Clark-Tarlac segment.

In September last year, the BCDA conducted the bidding for the Macangcung service area and the two-hectare Concepcion service area located in the south-bound direction of the Clark-Tarlac segment.

Under the terms of reference used for that bidding, the two lots would be leased out for 25 years, renewable for another 25 years subject to the agreement of the BCDA and the winning bidder.

The minimum acceptable starting annual fixed lease for each service area was set by the BCDA at P2.240 million.

The two lots should be developed to have facilities such as a gas station, restrooms, parking slots, emergency First Aid station, potable water and lighting system, emergency vehicle repair shop and convenience stores.

The lease and development of the Concepcion service area was awarded to Sea Oil Philippines Inc.

The Macangcung service area did not receive any bids during the auction.

Radoc said earlier the BCDA is studying the feedback of firms which had earlier expressed interest to participate in the bidding for the Macangcung service area.

The 93.77-kilometer SCTEx was constructed at a cost of P34.907 billion with the bulk or 78 percent of the funding from a loan from the Japan International Cooperation Agency and the balance accounted for by the BCDA.

The BCDA is mandated to transform former military bases into alternative productive civilian use.