Orthopedic Center PPP now available

Here’s another opportunity for Australian business to invest in the Philippines with this next PPP to be bidded out.

From BusinessWorld Philippines

November 25, 2012

Orthopedic Center PPP offered to investors

ANOTHER public-private partnership (PPP) project has been rolled out by the government, with the Health department calling for bids to build and operate a new Philippine Orthopedic Center.

The P5.6 billion-project — approved by President Benigno S. C. Aquino III on Sept. 8 — involves a 25-year contract for the construction as well as operations and maintenance of a 700-bed hospital inside the National Kidney and Transplant Institute compound in Quezon City.

Bid documents for the project will be available for P250,000 starting today until Feb. 25 next year, the Health department said. A pre-bid conference will be held on Jan. 25, 2013 and qualified bidders have until March 26 to submit their offers.

Health Undersecretary Teodoro J. Herbosa, officer-in-charge of the department’s PPP projects, had said they were looking to award the contract by May next year.

Prospective bidders are expected to procure, install and manage “modern diagnostics and clinical equipment” as well as “teaching and training facilities for basic and advanced clinical care.” They also need to provide “appropriately qualified staff,” including medical, paramedical, nursing and support personnel.

The Orthopedic Center project joins two other PPP projects — the P60-billion Light Rail Transit-1 extension and the P15.86-billion NAIA Expressway 2 — that are now in the advanced stages of being bid out.

Two PPP projects been awarded since the government unveiled its flagship infrastructure program in 2010. The P1.96-billion Daang Hari-Southern Luzon Expressway link was given to Ayala Corp. last December. The second, a P16.42-billion project to build 9,300 classrooms in Luzon, was won in September by the BF Corp.-Riverbanks Development Corp. and Citicore Investments holdings, Inc.-Megawide Construction Corp., Inc. consortiums.

Article location : http://www.bworldonline.com/content.php?section=TopStory&title=Orthopedic Center PPP offered to investors&id=61984

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