PPA awards P934-million Leyte port dev’t project
THE Philippine Ports Authority (PPA) said it awarded a P934.21-million Leyte port development project to MAC Builders Corp.
According to the notice of award dated May 31, the Leyte-based construction company was awarded the contract to construct the new Port of Babatngon, Leyte.
“Pursuant to the provisions of the bid documents, you are hereby instructed to formally enter into contract with us and to post the required Performance Security in the form and the amount stipulated in the Instructions to Bidders, within 10 days from the receipt of this Notice of Award,” according to PPA General Manager Jay Daniel R. Santiago.
Failure to enter into a contract or provide the performance security are grounds for the cancellation of the award, the PPA said.
In April, the PPA started inviting bids for the development of Port of Babatngon.
According to the bids and awards committee, the project attracted nine parties: Goldridge Construction and Development Corp.; WTG Construction and Development Corp.; Vicente T. Lao Construction; Sunwest, Inc.; UKC Builders, Inc.; Marra Builders, Inc.; Khan Kon Chi Construction and Development Corp./Octagon Concrete Solution, Inc.; Luzviminda Engineering and MAC Builders.
The PPA said only eight of the nine bidders submitted technical and financial proposals before the deadline, with Luzviminda Engineering withdrawing its bid.
The PPA said MAC Builders was declared the low bidder for the project.
The PPA said that the project must be completed within 720 days.
The contract includes the development of the port operational area and causeway and construction of a reinforced concrete pier, it said. — Ashley Erika O. Jose