Two big-ticket public-private partnership (PPP) projects are scheduled to undergo prebidding procedures on Friday according to the PPP Center.
The twin projects, the PPP Center said, are the P50.18-billion Regional Prison Facilities and the P55.51-billion Cavite Laguna (Cala) Expressway Project.
The prebidding conference for the prison facility project will be conducted at the Philippine International Convention Center in Pasay City.
The project, a first in the Philippines, will entail the construction and maintenance of a modern prison facility at Fort Magsaysay in Nueva Ecija.
The PPP Center added that the prebid conference for the Cala Expressway will be at the Department of Public Works and Highways Central Office.
The expressway PPP project will provide a critical link for the provinces of Cavite and Laguna connecting two major toll roads—the Cavite Expressway (Cavitex) and the South Luzon Expressway.
The prebidding conference aims to clarify and address bidder’s questions on the technical and financial components of each project.
Both projects were rolled out on February 27 this year. As of March 10 there are 60 PPP projects in the pipeline with a total indicative cost of P1.23 trillion, or $27.26 billion.
Since 2010 the national government has awarded nine PPP projects worth $2.89 billion; two PPPs worth $2.13 billion for implementation; and 11 projects under procurement worth $6.31 billion.
Earlier, the PPP Center said five projects worth $6.69 billion were already approved for roll-out or just awaiting the issuance of the invitation to prequalify to bid, and two projects worth $8.65 billion that has been submitted for approval of relevant government agencies.
There are also 13 projects with ongoing studies; six projects that are currently procuring consultants; and 13 projects under conceptualization. Cost estimates of these projects are yet to be divulged.