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A DUTCH company that proposed to build a national
broadband network in the Philippines failed to comply with the
requirements under the Build-Operate-Transfer (BOT) scheme, an
official of the Department of Transportation and Communications (DOTC)
said.
Elmer A. Soneja, DOTC assistant
secretary, said Amsterdam Holdings Inc. (AHI) had failed to submit a
“complete proposal” including a feasibility study, company
profile, list of completed works and latest financial statements to
comply with Section 10.5 of the Implementing Rules and Regulations
of the BOT law.
Soneja also said that AHI
failed to disclose its financial and technological partners, making
it impossible for the DOTC to determine its financial and technical
capabilities.
Section 10.5 of the Implementing
Rules and Regulations of the BOT law state that for an unsolicited
proposal to be considered, the proponent has to submit a complete
proposal, which shall include a feasibility study, company profile,
including key personnel, list of completed works and latest
financial statements and the basic contractual terms and conditions
on the obligations of the proponent and the government.
“To date, AHI has not yet
submitted a complete proposal. Therefore the reckoning for the
60-day period for DOTC to evaluate the proposal has not yet
commenced,” Soneja said.
AHI estimated the cost of the
broadband project at $240 million.
Earlier, Socioeconomic Planning
Secretary Romulo L. Neri said the Chinese government has proposed to
fund the modernization of the country’s telecommunication system.
 --Darwin
G. Amojelar
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