Connect with us

Hi, what are you looking for?

Economy

Gov’t says 2 Chinese bidders meet Mindanao railway consultancy terms

By Arjay L. Balinbin, Senior Reporter

THE Transportation department said two of the three short-listed Chinese consultants for the consultancy contract for the Tagum-Davao-Digos segment of the Mindanao Railway Project are compliant with its terms of reference.

“All three submitted on time, but one appeared to fail in one of the requirements indicated in the terms of reference,” Transportation Assistant Secretary Eymard D. Eje, who handles the Mindanao cluster project implementation and special concerns, said in a phone message on Sunday.

He said the secretariat has yet to formally inform all parties, and the company that has failed in one of the requirements can still request for a reconsideration.

The three short-listed Chinese groups that submitted bids are: China Railways Design Corp. and Guangzhou Wanan Construction Supervision Co., Ltd. Consortium; China Railway Liuyuan Group Co., Ltd.; and CCCC Railway Consultants Group Co., Ltd.

The Transportation department has said the approved budget for the consultancy contract is P3.09 billion.

Detailed design and works must be completed within 17 months, with 33 months set as the period for the contractor to be engaged in pre-construction activities and the defects notification period, the department said in a recent announcement.

The railway project, one of the Duterte administration’s priority infrastructure projects, was originally scheduled to start construction in January 2019, but right of way issues, mainly in Davao City, held back the timetable.

The P82.9-billion railway’s first phase, covering the 100.2-kilometer Tagum-Davao-Digos segment, is financed through an official development assistance package from the Chinese government.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Investing

The number of businesses going bust in England and Wales jumped last month to its highest level since the start of the pandemic, as...

Economy

Co-engineered with ZEISS, new vivo X70 highlights state-of-the-art mobile photography technology Global brand vivo remains top of mind when one thinks of premium imaging...

Investing

Half of the UK’s working mothers do not get the flexibility they ask for, while those that do work flexibly face discrimination, according to...

Economy

By Jenina P. Ibañez, Reporter   Money sent home by overseas Filipino workers (OFWs) increased for the seventh straight month as more host economies with...

Economy

The Bureau of Internal Revenue (BIR) clarified that only medicines and medical devices for the treatment of coronavirus disease 2019 (COVID-19) included in an updated government list...

Economy

Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, one that now stretches throughout Southeast Asia and may take weeks to unravel. ...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Economy

US President Joseph R. Biden, Jr., will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.



Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!