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All four bidders for the P170.6-billion Ninoy Aquino International Airport rehabilitation project were declared qualified on January 15
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Detailed evaluation of the proposals will be conducted within 20 days or until February 4
All four bidders for the P170.6-billion Ninoy Aquino International Airport (NAIA) rehabilitation project were declared qualified on January 15, according to the project’s Pre-qualifications, Bids and Awards Committee (PBAC).
This is after the PBAC cleared the bidders’ documentation requirements, leading to the January 15 opening of their technical proposals which also passed pre-qualification.
The PBAC has within 20 days or until February 4 to conduct detailed evaluation of the technical proposals, according to Transport undersecretary for planning and project development and PBAC chair Timothy John Batan during the opening of technical proposals on January 15.
Bidders whose technical proposals clear evaluation will be announced on February 5; the opening of financial proposals of qualified bidders will follow on February 8, and the financial evaluation announced on February 14, Batan said.
The four bidders are Asian Airport Consortium (AAC), GMR Airports Consortium, Manila International Airport Consortium (MIAC), and SMC-SAP & Company Consortium.
Prior to the opening of the technical proposals, the PBAC also on January 15 announced in a bid bulletin that the qualification documents of AAC, GMR, MIAC, and SMC-SAP submitted during the opening of bids on December 27, 2023 were rated as qualified following a detailed evaluation by the committee.
The PBAC targets to issue the notice of award on February 15 while the deadline for post-award requirements submission by the winning bidder is on March 6.
The PBAC has until March 12 to check compliance on the post-award requirements and targets the signing of the concession on March 15. After this, the winning bidder has up to 180 days to complete conditions before the operations and maintenance start day, which is on September 11.
Batan earlier said the bidder with the highest offer of gross revenue share, excluding passenger service charges, will bag the NAIA concession.
The 15-year contract involves rehabilitation, expansion and operation of NAIA to address long-standing capacity issues. The project aims to increase NAIA’s annual capacity to at least 62 million passengers from 35 million and enhance air traffic movement from 40 to 48 per hour.
Under a rehabilitate-operate-expand-transfer arrangement, the winning bidder has 15 years to enhance airport passenger terminals, airside facilities, develop commercial assets and utility systems, and provide surface access facilities for intermodal transfer, inter-terminal passenger transfer facilities, and services, among other obligations.
The concession period may be extended by another 10 years. The concession agreement mandates an upfront payment of P30 billion post-awarding of contract, a fixed annuity payment of P2 billion annually, and a government share of gross revenue—excluding passenger service charge revenue—based on the percentage share bid by the concessionaire.
MIAC is composed of GIP EM MIAC Pte. Ltd., Aboitiz InfraCapital, Inc., AC Infrastructure Holdings Corp., Asia’s Emerging Dragon Corp., Alliance Global – Infracorp Development Inc., Filinvest Development Corp., and JG Summit Infrastructure Holdings Corp.
AAC consists of Asian Infrastructure and Management Corp., Cosco Capital, Inc.; Philippine Skylanders Int’l, Inc.; and PT Angkasa Pura II.
GMR is composed of GMR Airports International B.V., Cavitex Holdings, Inc.; and House of Investments, Inc.
SMC-SAP, meanwhile, consists of San Miguel Holdings Corp., RMM Asian Logistics, Inc.; RLW Aviation Development Inc., and Incheon International Airport Corp. – Roumina Pablo
