DOTC, ALI ink concession deal on ITS-South Terminal project

MANILA, Philippines – The Department of Transportation and Communications (DOTC) is set to sign today the concession agreement for the Integrated Transport System (ITS) - South Terminal project with property giant Ayala Land Inc. (ALI).

Transportation and Communications Secretary Joseph Abaya said in a text message the signing of the contract is scheduled today.

ALI was declared the winning bidder for the project after it submitted the offer with the lowest annual grantor payment (AGP) of P277.8 million during the bidding held in August.

AGP is the payment to be made by the government to the concessionaire for the project. When AGP offers are made, the firm with the lowest bid wins.

The original cost of the project is P4 billion.

As winning bidder for the ITS - South Terminal Project, ALI will be responsible for the design, construction and financing of the terminal within a 5.57-hectare land along the Food Terminal Inc. Compound in Taguig City.

ALI will also handle the operations and maintenance of the terminal during the 35-year cooperation period for the project.

The project will have passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage handling facilities, and park-ride facilities.

The construction of the facility is set to commence in August and be completed in January 2018.

Operations at the terminal meanwhile, are expected to be in full swing by February 2018.

Through the facility, passengers from the Laguna or Batangas area would be linked to other transport systems such as the future North-South Commuter Railway project (currently the Philippine National Railways), city bus, taxi, and other public utility vehicles that are serving inner Metro Manila.

Last year, the DOTC awarded the ITS-Southwest Terminal PPP Project to MWM Terminals, a consortium of Megawide Construction Corp. and WM Property Management Inc.

Launched in 2010, the PPP program is being implemented to address the country’s infrastructure needs, deliver public services, and create jobs.

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