THE Philippine Ports Authority (PPA) said it issued bid invitations for a P485.91-million contract to build a breakwater for the Port of Nasugbu, Batangas.
In an advisory on Tuesday, the PPA set Nov. 7 as the bid submission deadline for the project, which will be funded out of the PPA’s own 2024 budget.
All bids received in excess of the approved contract amount will be rejected at the bid opening, it said, adding that potential bidders must have completed a similar project to be considered eligible.
According to PPA, the bids and awards committee will hold a pre-bid conference on Friday.
The PPA said the winning bidder will have 720 calendar days to complete the project.
Over the four years to 2028, the PPA is earmarking about P16 billion to fund its infrastructure projects, including the 14 flagship projects due for completion within that timeframe. — Ashley Erika O. Jose