The Bases Conversion and Development Authority (BCDA) said on Thursday that it awarded to Seaoil Philippines Inc. one of the two service areas along the Subic-Clark-Tarlac Expressway (SCTEX) that the agency put up for bidding.
“We welcome Seaoil to the SCTEX and we are confident that Seaoil will add to the convenience of motorists plying the 94-kilometer toll road,” said Arnel Paciano Casanova, BCDA president and chief executive officer.
The Seaoil service area will be the first service area to rise in the country’s longest toll road.
Casanova said that the prescribed facilities and amenities of the service area will include a gasoline station, rest rooms, sufficient and adequate parking slots, emergency first-aid station, potable water and lighting system, emergency vehicle repair shop, and convenience stores.
Seaoil was the lone bidder for the Concepcion Service Area located at the SCTEX Clark-bound/south-bound road of the Clark-Tarlac segment.
Seaoil’s bid for the annual lease was P3 million effective on the second year of lease and subject to an annual escalation of 5 percent. The lease term for the two-hectare lot is 25 years, renewable for another 25 years upon mutual agreement of the BCDA and Seaoil.
Upon contract signing, Seaoil shall pay BCDA the fixed lease for the three years covering two to four years of the lease term.