Airport operators from Singapore and Indonesia have teamed up with local companies to submit competing bids for the Clark International Airport operations and maintenance (O&M) contract. The Bases Conversion & Development Authority (BCDA) said that the North Luzon Airport Consortium and the X-Droid Consortium both submitted complete bids on 9 November 2018. Awarding of the contract is scheduled in December 2018. The North Luzon Airport Consortium is composed of Gotianun-led Filinvest Development Corp., Gokongwei-led JG Summit Holdings, Inc., Philippine Airport Ground Support Solutions, Inc., and Changi Airport Philippines, the local unit of the operator of Singapore-Changi. Earlier in 2018, the Government had rejected the PHP 839 billion unsolicited proposal of Filinvest and JG Summit to develop Clark Airport as the DoTr wanted to bid out the gateway’s O&M instead. The X-Droid Consortium is comprised of Indonesia’s state-owned airport operator Angkasa Pura II, Globalport 900, Inc., Mazy’s Capital, Inc. and Desco, Inc. A representative of Philippines AirAsia, Inc. separately confirmed that it is part of the X-Droid consortium. Mazy’s is owned by former Ambassador Alfredo M. Yao, while Globalport 900 is a listed firm led by Chairman Michael L. Romero. Messrs. The bids of the North Luzon Airport Consortium and X-Droid Consortium will now undergo a prequalification test by the Special Bids & Awards Committee (SBAC). Upon completion of this test, the SBAC will then move to check the technical and financial bids. The Government originally scheduled the opening of bids in July 2018 and contract award in August, but SBAC Chairperson Joshua M. Bingcang said the timeline was changed at the request of prospective bidders. Nine to ten companies originally bought bid documents to participate in the auction. Among the buyers announced in May (but did not participate) are Metro Pacific Investments Corp. (MPIC); San Miguel Holdings Corp.; Prime Asset Ventures, Inc.; the Central Luzon Infrastructure Consultancy, Inc. consortium; GVK Airport Developers Ltd; Groupe ADP; and Megawide Construction Corp. with partner GMR Infrastructure Ltd (Megawide-GMR). In a recent disclosure to the stock exchange, MPIC said it decided not to pursue participation because of contentions in the terms. “W]hile MPIC expressed its interest to support the Government’s ‘Build Build Build initiative’ for Clark Airport, we find the current draft of the Concession Agreement extremely challenging, given the identified material risks that were not addressed. The schedule of the bid submission further made participation in the bid very difficult, considering that the final draft of the Concession Agreement was released only recently. For the foregoing reasons, MPIC is unlikely to submit a bid for the project,” the company said on 31 October 2018. Megawide-GMR, one of the prospective participants in the O&M bidding, also holds the engineering, procurement and construction (EPC) contract for Clark Airport and is expected to finish the new terminal by 2020. -- The contract will allow the winner to operate and maintain both the existing passenger terminal and the new one that MegawideGMR is currently constructing. #1086.1

Not a member?
Take a look at our member benefits