MANILA, Philippines - The Department of Transportation and Communications (DOTC) has issued an invitation to bid for the proposed P4.8-billion new airport in Panglao, Bohol.
The construction and sustainable environment protection project would replace the existing airport in the province's capital of Tagbilaran. The province was recently devastated by a powerful quake, and this new investment is seen to help boost its economy.
A pre-bid conference is scheduled on Jan 6, 2014, while the submission and opening of bids is scheduled on March 3, 2014.
The bidding is limited to Japanese nationals in the case of the prime contractor and other nationalities in case of the sub-contractors.
The DOTC said that in the case of a joint venture,the prime contractor should be Japanese and that they should contribute more than 50 percent of the total contract amount.
The bidding would be conducted through a single-stage two-envelope procedure with no pre-qualification, folliowing the applicable guidelines for procurement under Japanese official development assistance loans.
To qualify, a bidder should submit audited balance sheets or financial statements showing net worth. The company should also have a minimum average annual construction turnover of 8 billion yen and its joint venture partners should have been a subcontractor or management contractor for at least 10 years.