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The Project Development and Monitoring Facility Committee has provisionally approved P19.16 million as support for the transaction advisory services for the government’s fuel marking program
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The approved provisional support covers the preparation of the due diligence report and tender documents, assistance in the PPP bidding process, and post-PPP contract signing assistance and advisory services until financial close
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The Department of Finance intends to continue its implementation of the fuel marking program through a PPP, following an unsolicited proposal submitted by the joint venture of SICPA Société Anonyme and SGS Philippines, Inc., which currently provides services for the program
The Project Development and Monitoring Facility (PDMF) Committee has provisionally approved P19.16 million as support for the transaction advisory services for the government’s fuel marking program.
The PDMF support for the fuel marking program was one of the three projects approved during the PDMF Committee’s meetings held on July 12 and August 12.
The PDMF is a revolving fund managed by the Public-Private Partnership Center of the Philippines (PPP Center) that provides financial support to implementing agencies (IAs) for the preparation of business cases, pre-feasibility and feasibility studies, tender documents, transaction advisory services, and other project development and implementation activities for public-private partnership (PPP) projects.
The approved provisional support covers the preparation of the due diligence report and tender documents, assistance in the PPP bidding process, and post-PPP contract signing assistance and advisory services until financial close, the PPP Center said in a statement.
The fuel marking program is a comprehensive anti-smuggling initiative aimed at curbing petroleum smuggling and increasing government revenues pursuant to Republic Act 10963 or the Tax Reform for Acceleration and Inclusion Law.
At present, the government’s fuel marking program is being implemented by the Department of Finance (DOF) in partnership with the joint venture of SICPA Société Anonyme (SA) and Société Générale de Surveillance (SGS) Philippines, Inc., which won the bidding to provide fuel marking services.
To sustain the program, the DOF intends to continue its implementation through a PPP, following an unsolicited proposal submitted by SICPA SA.
The proposed PPP project will include technological upgrades and operational enhancements, the deployment of additional field-testing units, and training programs for the Bureau of Customs and the Bureau of Internal Revenue, attached agencies of DOF implementing the program. These measures are intended to support the independent and sustainable management of the program.
According to the PPP Center website, DOF had extended its negotiation for the unsolicited proposal to 150 calendar days through a letter dated May 6, 2026.
Aside from the unsolicited proposal of the joint venture, PPP Center had earlier tried to procure consultancy services for the fuel marking program through a solicited route. The procurement was, however, cancelled last April after DOF requested to terminate the process due to “unanticipated developments.”
The PDMF Committee reviews and approves applications for funding and support from the PDMF. It is chaired by the Department of Economy, Planning and Development, with the DOF as vice chair and the Department of Budget and Management as a member. The PPP Center concurrently serves as a member and the secretariat of the Committee.
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