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Republic of the Philippines
CITY OF CEBU and MUNICIPALITY OF CORDOVA

CEBU – CORDOVA BRIDGE PROJECT

JV-SC/Awards Committee                             Public-Private Partnership Selection Committee
City of Cebu                                                   Municipality of Cordova  

INVITATION TO BID & SUBMIT COMPARATIVE PROPOSALS

 Public Notice is hereby given that the Joint Venture Selection Committee (“JV-SC”), Public-Private Partnership Selection Committee (“PPP-SC”) and Metro Pacific Tollways Development Corporation (“MPTDC”), the Original Proponent for the 8.25 km toll bridge facility, including the construction of the connections to Cebu City and Cordova, the main bridge structure, viaduct, causeway and roadway (the “Project”), have completed successful negotiations on October 09, 2015 pursuant to Cebu City Ordinance No. 2154 dated September 17, 2008, otherwise known as the "Ordinance Prescribing Guidelines and Procedures for Entering into Joint Venture Agreements with Private Entities Consistent with the NEDA Guidelines on Joint Venture Agreements", AND Municipality of Cordova Ordinance No. 002-2014 Series of 2014, otherwise known as the “Municipality of Cordova Integrated Private-Public Partnerships Code”.

 Final Notice is hereby given to eligible Private Sector Proponents (“PSPs”) to submit their Expressions of Interest (EOI) to submit comparative proposals. Interested PSPs must submit first their written notarized EOI to submit comparative proposals on or before 07 December 2015, during office hours, to the Office of the Chairperson – JV-SC AND to the Office of the Chairperson of the PPP-SC of Cebu City and the Municipality of Cordova, respectively.  EOIs must and can only be submitted by the PSP that will apply for eligibility and submit comparative proposals.  Every EOI must also contain a statement that the PSP has undertaken and completed a similar Project, minimum capitalization of Ten Billion Pesos (Php10,000,000,000.00), that it has access to available credit facility of at least Eighteen Billion Pesos (Php18,000,000,000.00) and shall obtain the bidding documents by paying the non-refundable amount of One Million Pesos (P1,000,000.00) - - Five Hundred Thousand Pesos (P500,000.00) shall be payable to the City of Cebu while the remaining Five Hundred Thousand Pesos (P500,000.00) shall be payable to the Municipality of Cordova, Cebu - - within five (5) days from receipt of the notice of eligibility to proceed to competitive challenge.

 Further, the EOI must contain an undertaking by the PSP that it will adhere to the Ordinances, resolutions, policies, pronouncements and qualifications criteria set by the JV-SC and PPP-SC, and that it will not seek and obtain a writ of injunction or prohibition or restraining order against the JV-SC/Awards Committee and PPP-SC, the City of Cebu, Municipality of Cordova and its respective officials to prevent or restrain the Competitive Challenge process, the award of the Project and the implementation of the Project, that it will not institute any criminal, civil and/or administrative cases against the officials of the JV-SC/Awards Committee and PPP-SC, the City of Cebu and Municipality of Cordova in connection therewith.

 If no notarized EOI from a proper entity is received by December 07, 2015, the Project shall be awarded to the Original Proponent and the Bidding/ Competitive Challenge process is deemed terminated.

 Qualified PSPs must submit its comparative proposals within thirty (30) days from receipt of notice of eligibility, during office hours. The Original Proponent in turn will be given a period of  ten (10) calendar days from receipt of notice to exercise its right to match, in case there is a superior offer. If no PSP procures the bid documents and/ or submits compliant EOI, the Project shall be awarded to the Original Proponent and the Competitive Challenge process is deemed terminated.

The JV-SC/Awards Committee and PPP-SC reserves the right to reject any and all application for qualification eligibility not found in conformity with the aforesaid Ordinance, resolution, relevant issuance and this notice.

 

LUCELLE A. MERCADO                                      MARY THERESE S. CHO
Chairperson, Awards Committee                             Chairperson, PPP- SC
Chairperson, JV-SC                                              Municipality of Cordova
City of Cebu

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