Finance Department wants 3rd party consultant to craft Mile Long master plan

MANILA, Philippines — The privatization arm of the Department of Finance (DOF) wants to hire a third party consultant to craft the master plan for the development or sale of the 21,976-square meter Mile Long Complex in Makati City.

In a bid bulletin posted on its website, the Privatization and Management Office (PMO) said it needs to procure the services of a consultant to study the master plan for Mile Long that is “marketable, effective, and viable” with the current and future development of the property.

The PMO has allocated P1 million for the contract of the winning bidder, which would be chosen among the applicants who submitted their eligibility documents, bids, and proposals until yesterday.

According to the agency, its bids and awards committee will select a consultant from a reputable firm, with at least 10 years of operations in the industry.

The firm should also have an experience in handling three master plans or urban planning projects in the Philippines or other countries.

The PMO said it would require the consultant to create a project team composed of the team leaders, financial or real estate market analyst, infrastructure or utilities specialist, environmental planner and a cost or quantity engineer.

Bidders will be evaluated based on the following criteria: applicable experience of the consultant, qualification of personnel, current workload of personnel relative to capacity and plan of approach and methodology.

The winning consultant will have 50 calendar days upon the receipt of notice to proceed to prepare and submit the master plan and financial analysis for the Mile Long property.

The PMO would then have a maximum of 20 days to review and evaluate the master plan submitted by the consultant.

“The consultant shall prepare and submit the master plan which is assumed to have already considered PMO’s comments and suggestions through various consultations and focused group discussions within 20 calendar days from approval by PMO of the master plan,” it added.

Earlier, Finance Secretary Carlos Dominguez III said the Mile Long property, previously occupied by Sunvar Realty Development Corp., is one of the big-ticket assets the government wants to privatize immediately.