MANILA, Philippines - The Department of Transportation and Communications (DOTC) is looking to issue the notice of award to Ayala Land, Inc. (ALI) for the Integrated Transport System (ITS) - South Terminal public private partnership (PPP) project within the month.
DOTC Secretary Joseph Abaya said the government hopes to be able to award the project to ALI “within the month.”
He said the DOTC has to secure necessary documents from the Department of Budget and Management for the purchase of the National Food Authority’s property covered by the project.
ALI beat Filinvest Land Inc. (FLI) during the August bidding for the project as it offered P277.89 million annual grantor payment (AGP), lower than the latter’s P1 billion bid. AGP refers to the payment to be made by the government to the concessionaire.
When AGP offers are made, the lowest bid wins, subject to evaluation.
The ITS – South Terminal Project covers the construction of a terminal within a 4.7-hectare area in the Food Terminal Inc. (FTI) Compound in Taguig City.
The terminal would connect passengers com- ing from the La- guna or Batan- gas to transport systems such as the future North- South Commuter Railway project, city bus, taxi, and other public util- ity vehicles serv- ing inner Metro Manila.
The project would include passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage han- dling facilities, as well as park-ride facilities.