THE BASES Conversion and Development Authority (BCDA) announced on Monday the opening of bids for the long-term lease of three log home units in Baguio City with a minimum price of P2.51 million for the first year.
The units under BCDA’s subsidiary, John Hay Management Corp., is located at Voice of America (VOA) in Camp John Hay, Baguio City and will be open for lease agreements for a period of 25 or 50 years.
“With the opening of this bidding, interested parties may now get the opportunity to lease these prime properties,” said BCDA President and Chief Executive Officer Joshua M. Bingcang.
The offered units — 3, 9, and 20A — have a uniform floor area of 590 square meters complete with basic amenities. They were constructed in 2000 and are accessible through Loakan Road.
BCDA said that the eligible bidders for the log home units include individuals, cooperatives, or corporations registered under the Department of Trade and Industry, Cooperatives Development Authority, or the Securities and Exchange Commission.
The terms of reference for the bidding have been available since Aug. 29, while a pre-bid conference and site tour is scheduled for Sept. 14.
“Participants may submit bid documents containing eligibility documents and financial proposals until 12:00 p.m. on Oct. 10 (Tuesday), at the BCDA Corporate Center in Bonifacio Global City, Taguig,” the agency said. — Justine Irish D. Tabile
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