Tuesday, April 01, 2014

DOTC to award P17.5-B Cebu airport contract this week

Manila: The Department of Transportation and Communications (DOTC) is expecting to award the contract for the P17.5 billion Mactan Cebu International Airport expansion project within the week, Transportation Sec. Joseph Emilio Abaya said on Monday.
The tandem of Filipino-owned Megawide Construction Corp. and Bangalore-based GMR Airports submitted the highest bid of P14.404 billion for the project, followed by the Filinvest-CAI Consortium with P13.999 billion, and Sy-led Premier Airport Group with P12.5 billion.
The MPIC-JGS Airport consortium and JG Summit Holdings submitted a bid of P11.23 billion while AAA Airport Partners led by the Ayala Group and Aboitiz Land submitted bid of P11.088 billion.
The San Miguel Corp.-Incheon Airport consortium, meanwhile, submitted a bid of P9.05 billion while the Lopez groups’ First Philippine Airports submitted the lowest bid of P4.7 billion.
31/03/14 ABS-CBNnews.com
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