Two more groups bought bid documents for the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport, bringing to five the interested parties in the project.
San Miguel Corp., India’s GMR Group and the Manila International Airport Consortium also purchased bid documents earlier. The DOTr and the Manila International Airport Authority began inviting interested parties on Aug. 23 to participate in a single-stage competitive bidding process for a rehabilitate-operate-expand-transfer modality, in accordance with the Build-Operate-and-Transfer Law and its revised 2022 implementing rules and regulations.
The DOTr said the bidder should have a net worth of at least P20 billion and would be required to post bid security of P1.71 billion standby letter of credit as part of its bid proposal.
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