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The joint venture of Globalport Terminals and Globalport Ozamiz Terminal won the 15-year contract to manage and operate Banago port in Bacolod City
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The Philippine Ports Authority awarded the contract to the joint venture with proposed concession fee of P654.756 million, exclusive of taxes
The joint venture of Globalport Terminals Inc. (GTI) and Globalport Ozamiz Terminal Inc. (GOTI) has won the 15-year contract to manage and operate Banago port in Bacolod City.
The Philippine Ports Authority (PPA) in a notice of award (NOA) dated July 11 awarded the contract to the JV with the proposed concession fee of P654.756 million, exclusive of taxes.
The NOA was issued after the PPA Bids and Awards Committee-Port Terminal Management Contract in a resolution adopted on June 20 recommended awarding the contract to the JV, which was declared the highest responsive bidder during the opening of bids on May 8.
The JV of Occidental Port and Terminal Services Inc. and Visayan Seas Interport Arrastre & Allied Port Services Corp., also dropped their bid but was automatically disqualified while the bid by Bacolod Real Estate Development Corp. was declared failed.
The bidding was conducted through open competitive bidding procedures using non-discretionary pass/fail criterion as specified in PPA Administrative Order (AO) No. 12-2018, as amended.
AO 12-2018 provides the guidelines for selecting and awarding contracts under PPA’s Port Terminal Management Regulatory Framework (PTMRF), which outlines the authority’s rules for terminal management contracts.
PTMRF, provided under AO 03-2016, seeks to provide higher quality port service by promoting private sector participation. Under this framework, investments in ports are to be categorized into three tiers to make it easier to determine the investment arrangements of a port.
Banago port is under Tier 3, wherein the contactor handles above-ground fixtures and mobile-handling equipment for a 15-year concession period. Banago ports serves as inter-island passenger, cargo, and roll- on/roll-off terminal.
GTI is a wholly-owned subsidiary while GOTI is an indirect subsidiary of Globalport 900, Inc., which is engaged in port development, management, and operations.
Globalport has already incorporated indirect subsidiaries, including GOTI, after winning the bidding for the ports of Zamboanga, Ozamiz, Iligan, Tacloban, Matnog, Nasipit, Surigao, Bohol, and Davao under PPA’s PTMRF. GTI is also operating Pulupandan port, while the JV of GTI and GOTI also won the biddings for Tagbilaran and Opol ports, which were also won under PTMRF.
Since PPA started bidding out port terminal management contracts under PTMRF in 2020, it has already bid out 20 ports, mostly under Tier 3 except for Davao port under Tier 2 and Iloilo Commercial Port Complex (renamed Visayas Container Terminal) under Tier 1. – Roumina Pablo
