THE three firms that have submitted bids for the P170.6-billion solicited proposal for the rehabilitation of the Ninoy Aquino International Airport (NAIA) were compliant with the financial requirements set by the government, the Department of Transportation (DOTr) said.
During the opening and review of the financial proposals of bidders on Thursday, Feb. 8, the DOTr’s Pre-Qualification Bids and Awards Committee (PBAC) named the Manila Internal Airport Consortium, the GMR Airports Consortium and the SMC Sap & Co Consortium as the three “qualified bidders” for the NAIA rehab.
“Based on the financial proposals, ranked from highest to lowest, the document indicates that all three bidders are compliant with the financial requirements,” the DOTr said.
Qualified Bidders
Based on the submitted documents, SMC Sap and Co Consortium is composed of San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.
GMR Airports Consortium, meanwhile, is made up of India’s GMR Airport International B.V., Cavitex Holdings Inc. and House of Investments Inc.
The Manila International Airport Consortium, on the other hand, is a group composed of the country’s largest conglomerates including Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Alliance Global, Filinvest Development Corp., JG Summit Infrastructure Holdings, Asia’s Emerging Dragon Corp., and their US-based partner Global Infrastructure Partners (GIP).
Missing from the list is the Asian Airport Consortium, which was part of the four firms that had earlier submitted bids for the project.
The DOTr said SMC SAP and Co Consortium was ranked first with the “highest bid amount” of 82.16 percent of future gross revenues, followed by the GMR Airports Consortium with 33.30 percent and the Manila International Airport Consortium with 25.91 percent.
The National Economic and Development Authority earlier announced it wanted bidding for the project instead of the P267-billion unsolicited proposal by the MIAC consortium.
With the rehab, Transport Secretary Jaime Bautista said the government aims to increase the airport’s capacity to 50 million initially and up to 70 million from 32 million. The modernization also aims to boost air traffic movements per hour.
“The PBAC will review the financial proposals for compliance with the requirements of the Instructions to Bidders, which specify certain requirements for the financial model and financing plan submitted by the bidders,” the DOTr said in a statement.
It said a Notice of Award is expected to be issued to the winning bidder on Feb. 15. (ABS-CBN News)