DMCI Holdings Inc. said it is now qualified to bid for the P50.18 billion Regional Prison Facilities project of the Department of Justice (DOJ).
In a disclosure to the stock exchange, DMCI said the DOJ’s Pre-Qualifications, Bids and Awards Committee (PBAC) made the declaration in a General Bid Bulletin dated August 5, 2015.
DMCI was previously disqualified to bid for the project due to “documentary deficiencies”.
According to the bulletin, the previous decision was reversed after a thorough deliberation and re-evaluation of the pre-qualification documents submitted by DMCI.
DMCI is the third company to pre-qualify to bid for this project. San Miguel Corp. and Megawide-led Mega Structure Construction Corp. were pre-qualified for the project earlier.
The Regional Prison Facilities PPP project is the first of its kind in the country and includes the construction and maintenance of a modern prison facility in Fort Magsaysay, Nueva Ecija.
Through the project, a suitable prison facility will be created to provide adequate living spaces, facilities, and address the basic needs of inmates incarcerated in the existing penal facilities such as the New Bilibid Prison and the Correctional Institution for Women.
Once completed, the facility can accommodate over 26,000 inmates. It will also include staff housing, administrative buildings and rehabilitation areas.
The winning bidder will be responsible for the financing, detailed design and construction, and maintenance of the prison facility. A number of supporting accommodation and building-related services may be outsourced as part of the PPP agreement, such as laundry, waste treatment and disposal, sewage water treatment and power generation.
DMCI currently has investments construction, coal mining, power generation, real estate and water distribution.