THE Bases Conversion and Development Authority (BCDA) said on Wednesday it would award the P14.8-billion New Clark City water supply and wastewater project to a consortium of Maynilad Water Services Inc. and Korea Water Resources Corp. by year-end, after no rival bids emerged.
The consortium submitted the original unsolicited proposal.
The BCDA opened it to competing bids through a Swiss challenge. Seventeen companies attended the prequalification conference, but none submitted the required documents by the Oct. 20 deadline.
Under the 25-year concession, the consortium will build, operate and maintain New Clark City’s water supply and wastewater treatment systems.
The BCDA said the project would help meet growing demand from homes, businesses, institutions and industrial facilities while ensuring that wastewater is treated in line with environmental standards. It said the added capacity would also support water needs at manufacturing facilities and data centers.
“We are building New Clark City for the decades ahead. That means putting in place the basic systems that will allow businesses to invest, communities to grow and the city to manage its resources responsibly,” BCDA President and CEO Joshua Bingcang said.