THE Department of Transportation and Communications (DOTC) on Friday said two of the best bidders submitted bid documents for the P4-billion Integrated Transport System-South Terminal Project.
“They are actually the best: Ayala Land and Filinvest Land, whose people are really experienced in this line of business because they operate malls. So they know how to run an intermodal transport center,” DOTC Undersecretary and Bids and Awards Committee (BAC) Chairman Jose Perpetou Lotilla told reporters at the sidelines of the bid submissions.
The winning bidder will be announced next month.
Of the four qualified companies which bought bid the documents for project, only Ayala Land and Filinvest Land submitted the bid documents for the public-private partnership.
The south terminal is expected to give commuters from Batangas and Laguna access to seamless transfers from one mode of transportation to another.
Apart from Ayala Land and Filinvest Land, Megawide Construction Corporation and Datem Inc. were pre-qualified to bid for the project.
The winning bidder will design and build the terminal, as well as operate and maintain the facilities for 35 years.
The DOTC aims to award the project in the third quarter this year so the winning bidder may begin construction by the second quarter of 2016. The terminal is expected to open for business in December 2017.
“We don’t want to bid out a project that isn’t commercially viable. Otherwise there won’t be any interested bidder,” Lotilla said.