MANILA - (UPDATE 2, 5:30 p.m.) Only four out of the six companies that submitted pre-qualification documents for the bidding of the Light Rail Transit Line 1 Cavite Extension Project can move on to the next step, the Department of Transportation and Communications said on Monday.
The 4 firms include DMCI Holdings Inc., Light Rail Manila Consortium, MTD-Samsung Consortium and San Miguel Infrastructure Resources Inc.
DMCI's partners are Marubeni Corp. and Sistema Tranporte Collectivo Metrorey.
Light Rail Manila is composed of Metro Pacific Investments Corp, which has a 33 percent stake; Ayala Corp, 33 percent; AC Infra Holdings Corp, 12 percent; Macquarie Infra Holdings Philippines PTE Ltd, 10 percent; and RATP Development SA, one participation unit. The group’s railway infrastructure would be handled by Bouygues travaux Publics SA, Obrascon Huarte Lain SA, and Leighton Contractors Asia Ltd, while the railway system would be handled by Alstom Transport SA and Ansaldo STS PA. The operation and maintenance would be handled by RATP Development SA.
San Miguel Infra Resources Inc. is composed of GS Engineering and Construction Corp and POSCO Engineering and Construction Co Ltd. The railway set will be taken care of POSCO Engineering and the railway system by Korea Railroad Corp.
The MTD-Samsung Consortium is composed of MTD Capital Bhd, which owns 33 percent; Samsung C&T Corp, 20 percent; Union Equities Inc, 15 percent; DM Wenceslao & Associates, 12 percent; and Primewater Infra Corp, 20 percent. The railway infrastructure will be handled by MTD Capital and Samsung C&T, while the system will be provided by Hyundai Rotern Co. The operation and management will be handled by Seoul Metro.
Ecorail and Luzon Rail Transit System failed to make it to the 2 p.m. deadline for the submission of the pre-qualification documents, said DOTC Undersecretary Jose Perpetuo M. Lotilla, who heads the Special Bids and Awards Committee.
"The rule is very clear, and it is all or nothing proposition. The decision is not to acept the two bids' pre-qualification documents for having been submited beyond the deadline," he said.
Earlier, the DOTC extended twice the deadline for submission of pre-qualification documents. From August 22, the deadline was moved to September 28, then to October 22.
Costing P30 billion, the southbound extension of LRT 1 will increase the train's span from 20.7 kilometers to 32.4 kilometers, with approximately 10.5 kilometers of the extension elevated and 1.2 kilometers at grade. The remaining P30 billion will be used to acquire up to 39 new light rail vehicles to avoid the need for raising fares.
DOTC said more than 500,000 commuters use LRT 1 everyday. The existing line runs from Baclaran in Pasay City to Roosevelt in Quezon City. The southern part of Metro Manila and neighboring Cavite province is home to nearly four million people.
The DOTC tapped International Finance Corp. and state-owned Development Bank of the Philippines as transaction advisors. The project has five components:
- Operation and maintenance of the existing system, which includes operation and maintenance of depot, electrical and mechanical system, rolling stock, station, track, and other related assets;
- Design, procurement, engineering, construction, installation, completion, testing, and commissioning of the Cavite extension facilities;
- Integration of the existing system and the Cavite Extension System, including train control and signaling, communications, and traction power supply;
- Operation and maintenance of the integrated system; and
- System enhancement works covering whole-of-life investments.
The project is the government's fourth public-private partnership venture to be bid out since the program was announced in November 2010. Last year, the government awarded the P1.956 billion Daang Hari-Slex Link Road Project to Ayala Corp.
The P16.42 billion PPP for School Infrastructure Project of the Department of Education was awarded to the consortium of Citicore Holdings Investment Inc.-Megawide Construction Corp, Inc. and to the joint venture of BF Corp.-Riverbanks Development Corp.
The P15.86 billion NAIA Expressway is still in the pre-qualification stage.
Light Rail Manila is a joint venture between Ayala Corp and Metro Pacific Investments Corp. Manuel V. Pangilinan chairs both MPIC and TV5, of which InterAksyon.com is the online news portal.