Prime Water submits lowest bid for New Clark City water supply

November 15, 2018

Author: admin

Prime Water submits lowest bid for New Clark City water supply

The consortium of Prime Water Infrastructure Corporation, PAVI and MGS Construction, Inc. and Israel's
TAHAL Group, a global provider of sustainable infrastructure, submitted the lowest bid for the water and
wastewater infrastructure project in New Clark City, the Bases Conversion and Development Authority
(BCDA) said.

The Primewater, PAVI, MGS Construction and TAHAL consortium submitted the lower bid of PhP9.45 per
cubic meter, besting the PhP11.00 per cubic meter bid by the Manila Water Company.

This was determined during the Opening of Technical and Financial Proposals held at the BCDA Corporate
Center in Taguig City earlier this week. Present during the bid opening were representatives from
Commission on Audit (COA) and the Asian Development Bank (ADB), BCDA’s transaction advisor for the
project.

The water and wastewater project ensures a safe, affordable and sustainable water source in New Clark City.
It incorporates smart components, including advanced metering infrastructure, and high standard wastewater
treatment, among other innovations.

BCDA Senior Vice President and Chief Finance Officer Atty. Nena D. Radoc, also the chairperson of the
Joint Venture Selection Committee, said that Prime Water Consortium would undergo post-qualification
process as part of due diligence before the award.

The proposed PhP9.45 per cubic meter rate shall apply for the water supply only. The same amount shall be
charged for wastewater services equating to a total rate of PhP18.90 per cubic meter for the first five years of
the 30-year JV period.

The winning bid for NCC is viewed as highly competitive when compared against rates for cities in the
Philippines, Southeast Asia and globally and is expected to attract leading locators to the city. Effective
January 1, 2018, Metropolitan Waterworks and Sewerage System (MWSS) approved the basic rates of
PhP35.48 per cubic meter and PhP25.50 per cubic meter for Maynilad and Manila Water, respectively.

BCDA targets to sign the Joint Venture Agreement with the winning partner by the end of the month.
New Clark City, located within the Clark Special Economic Zone, is envisioned to be the first smart, green,
and sustainable metropolis in the country.

Phase 1A, which covers 60 hectares, involves the construction of the National Government Administrative
Center (NGAC), including the world-class sports complex to be used for the Philippines’ hosting of the
Southeast Asian Games in 2019.

-END-

Reference: Maricar Gay Savella-Villamil
OIC, Corporate Communications Office
(+63) 928-555-0825

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