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Invitation to Bid for the Long-term Lease and Development of the Camp John Hay Mini-Hydro Power Plant

Status: Failed

INVITATION TO BID
(Long Term Lease and Development of the
Camp John Hay Mini-Hydro Power Plant)

1. The John Hay Management Corporation (JHMC) is inviting interested bidders to bid for the long-term lease  and development of the Camp John Hay Mini-Hydro Power Plant located at Barangays Camp 7, Baguio City and Barangay Camp 4, Tuba, Benguet, Philippines on an “as-is, where-is” basis.

2. Property Development: The Property shall be developed for industrial use specifically for the operation and maintenance of a Mini-Hydro Power Plant (MHPP).

3. Lease Term: Twenty five (25) years, renewable for another twenty five (25) years upon the parties mutual agreement.

4. Minimum Starting Annual Fixed Lease on the Property: The minimum acceptable starting Annual Fixed Lease for the property shall be Two Million Pesos (PhP2,000,000.00), exclusive of twelve percent (12%) VAT, subject to an annual escalation of five percent (5%) starting on the second (2nd) year and every year thereafter. The Annual Fixed Lease shall be paid on or before the anniversary date of the Contract.

5. Minimum Share of JHMC. The minimum share shall not be lower than five percent (5%) of the projected gross income from the sale of electricity generated from Hydropower Operations.

6. Upon signing of the contract, the Winning Bidder shall remit to JHMC in advance the share for the first seven years of operations, exclusive of twelve percent (12%) VAT, to be paid on the execution of the Contract. Succeeding payments shall start on the eighth year of the operations and every year thereafter to be remitted on or before each anniversary of the execution of the Contract.

7. Interested bidders may purchase the Terms of Reference (TOR) for the subject bidding at Cottage 624, JHMC Office Complex, Sheridan Drive, John Hay Special Economic Zone, City of Baguio from March 01, 2015 to April 13, 2015 for a non-refundable fee of One Hundred Thousand Pesos (PhP100,000.00) payable to JHMC in manager’s check. Only those who have purchased the TOR (including bid forms and pertinent documents) shall be entitled to participate in this bidding. The TOR may also be viewed in the BCDA and JHMC website at www.bcda.gov.ph and www.jhmc.com.ph, respectively.

8. A Pre-Bid Conference will be held on March 24, 2015, 10:00 AM at Cottage 624, JHMC Office Complex, Sheridan Drive, John Hay Special Economic Zone, City of Baguio.

9. Deadline for the submission of the Eligibility Documents and the Final Proposals shall be at 10 A.M. of April 15, 2015.

10. Opening and Preliminary Examination of Bids shall be conducted at 10:30 A.M. of April 15, 2015.

 

(Sgd.) ATTY. MICHELLE T. REGALA-NIEBRES
ADP-Com Chairperson