Philippines expressway tender reopening

The Philippines Government plans to reopen the tender process for the Cavite-Laguna Expressway (CALAX) project. This public-private partnership (PPP) project is valued at some US$791.7 million. The 47km toll road project will feature a 35-year concession covering design and construction, as well as financing and operation. The earlier bid from Optimal Infrastructure Development, a unit of San Miguel, was disqualified due to technical reasons. With this disqualification, Team Orion became the party with the
October 31, 2014 Read time: 1 min
The Philippines Government plans to reopen the tender process for the Cavite-Laguna Expressway (CALAX) project. This public-private partnership (PPP) project is valued at some US$791.7 million. The 47km toll road project will feature a 35-year concession covering design and construction, as well as financing and operation. The earlier bid from Optimal Infrastructure Development, a unit of San Miguel, was disqualified due to technical reasons. With this disqualification, Team Orion became the party with the highest bid and San Miguel asked the government to intervene. The Philippines Government hopes that reopening the new bidding process will resolve the issue.
Road Structures

Related Content

March 19, 2015

San Miguel Corp is among bidders in Cavite-Laguna re-auction

San Miguel Corporation, Metro Pacific Investments Corporation and an unidentified firm reportedly are bidding in the US$1.25 billion re-auction for work on the Cavite-Laguna Expressway. The deal involves building, operating and maintaining the 47km four-lane toll road for 35 years under a public-private-partnership. The sum includes a $448 million bid price, equal to the premium offered by SMS subsidiary Optimal Infrastructure Development during the first tender for the project in June 2014. San Miguel was
boombox1

Highlighted Content

boombox2