THE Philippine Ports Authority (PPA) said it recently awarded to a joint venture the P1-billion port terminal management contract for the Port of Surigao.
The joint venture of Harbour Center Port Holdings, Inc. and GlobalPort Ozamiz Terminal, Inc. was awarded on Jan. 21 the P1.07-billion port terminal management contract for the Port of Surigao, according to the notice of award issued by the PPA.
“You are hereby instructed to formally enter into contract with us and to post the required performance security… within 30 calendar days from the signing of the port terminal management contract,” the PPA said in its notice, as signed by General Manager Jay Daniel R. Santiago.
“Failure to enter into contract and provide the performance security shall constitute a sufficient ground for cancellation of this award and the forfeiture of bid security,” it added.
The PPA started inviting bidders for the contract on Oct. 19.
It said the minimum bid for the 15-year port terminal management contract, as announced, was P667.63 million.
The winning bid was P1.07 billion, exclusive of all taxes.
The contract covers the management and operation of the cargo handling, passenger, roll-on/roll-off services, and other port-related services of the Port of Surigao. — Arjay L. Balinbin
