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    Negotiated sale at harbor?
    NO ENTITY MAY QUALIFY FOR NEW BIDDING ROUND
     
    By VG Cabuag
    Reporter

    THE Philippine Ports Authority (PPA) is receptive to the possibility of a negotiated sale for the contract to operate the Manila North Harbor after it aired concerns that no entity may qualify for the new round of bidding.

    A port official said the PPA board has delayed the release of an announcement inviting companies to bid for the harbor contract after a special bids and awards committee sought “guidance” from the board.

    The committee’s move may allow the board, which altered rules about the harbor’s privatization process, to make important decisions regarding the plan to place the terminal under private control.

    “We are looking at four eventualities and we want to have the guidelines on all of those,” Oscar M. Sevilla, PPA general manager, told reporters, adding that the new bidding guidelines may be released this week.

    Meanwhile, if all companies fail to secure approval to bid, the PPA may enter into an arranged sale with the joint venture to be formed by Harbour Centre Port Terminals Inc. and Metro Pacific Investments Corp., the only company which previously passed the eligibility check.

    As early as last year, the National Economic and Development Authority had said that it will not block any guidelines regarding the privatization, save for a negotiated bid.

    During the first bidding, Asian Terminals Inc. (ATI), Magsaysay Maritime Corp., Pier 8 Arrastre and Stevedoring Services, and Prudential Customs Brokerage all participated but failed to get approval to bid.

    Although it submitted seven sets of two-inch thick documents, publicly-listed ATI failed to secure eligibility after it didn’t submit a waiver indicating it will not sue government in the course of the bidding.

    Harbor facilities to be placed under private control include the port’s container terminal, general cargo terminal and passenger terminal complex, which will be considered as one operational area.

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