THE Philippine Ports Authority (PPA) said it issued an invitation to interested parties in the rehabilitation and expansion of Isabela port.
The port regulator is allocating P546.22 million for the works at the Port of Isabela in Isabela City, Basilan.
The auction format will be open competitive bidding, the PPA said, noting that all bidders must have taken on a project of similar type beforehand.
Bids in excess of the amount allocated for the project will be automatically rejected at the bid opening on Jan. 21, the PPA said.
The PPA said it will start accepting bids for the project on or before Jan. 21.
The winning bidder will have 720 calendar days from the receipt of the notice to proceed to complete the project.
Earlier this month, the PPA said that at least two more port upgrade and rehabilitation contracts will go up for auction by year’s end.
In separate bid notices posted on the PPA’s website, the regulator is seeking interested parties to rehabilitate and improve Virac port in Catanduanes for P120.07 million and to improve San Carlos port in Negros Occidental for P351.93 million.
Over the next four years, the PPA plans to allocate about P16 billion for infrastructure projects, including 14 flagship projects. — Ashley Erika O. Jose
