3rd PPP tender scheduled next month

The next PPP to be bidded is in the healthcare. Let’s hope an Australian healthcare provider may find interest in participating by using this opportunity to invest in the Philippines.

From BusinessWorld Philippines

October 07, 2012

Bidding for PPP project set

BID INVITATIONS for the new Philippine Orthopedic Center project under the flagship Public Private Partnership (PPP) program have been set for release next month, an official said, as the Health department eyes ground-breaking by late 2013.

“Official invitations to bid for the orthopedic center PPP will be published in first weeks of November,” Health Undersecretary Teodoro J. Herbosa, who is the officer-in-charge of the agency’s PPP projects, said in a phone interview on Friday.

The P5.6 billion-worth project — approved by President Benigno S. C. Aquino III on Sept. 8 — involves construction as well as operations and maintenance (O&M) of a new 700-bed capacity tertiary orthopedic hospital in the National Kidney and Transplant Institute compound in Quezon City.

“It’s a 25-year contract for the design, construction and O&M of a 700 bed new orthopedic hospital,” Mr. Herbosa said, noting that construction is expected to take two and a half years with the remaining 22.5 years allotted for O&M.

“The plan is for the winning bidder to build the modernized orthopedic center in a one-hectare lot within the Kidney Center,” he added. “An O&M contract will also be awarded.”

Currently, the Philippine Orthopedic Center is located along Banawe St. also in Quezon City. The old facility is eyed to be converted into rehabilitation and prosthesis manufacturing centers.

AWARDING BY MARCH

Citing the Health department’s indicative schedule, the official said opening of bids and awarding of the project are eyed on March and May next year, respectively.

“This means that we are giving prospective bidders to prepare for some three to four months to submit proposals,” Mr. Herbosa added.

“If everything pans out, the ground-breaking and construction can start on the last quarter of 2013 if not earlier,” he told BusinessWorld.

Last month, Pangilinan-led Metro Pacific Investments Corp. — which already has investments in a number of hospitals nationwide — revealed plans to bid for the project.

The Orthopedic Center project is the first health-related PPP to get Mr. Aquino’s nod.

Still waiting for the President’s final approval is the P453-million Vaccine Self-Sufficiency Project Phase II, which was approved at the Cabinet level in April.

So far, only two PPP projects have been awarded since the flagship program was first unveiled before foreign investors in the last quarter of 2010.

These are: the P1.96-billion Daang Hari-South Luzon Expressway Link Road project; and the P16.5-billion School Infrastructure Project, which includes design, financing and construction of about 9, 300 classrooms.

Article location : http://www.bworldonline.com/content.php?section=Economy&title=Bidding for PPP project set&id=59665

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