By Louella D.
Desiderio (The Philippine Star) | Updated June 5, 2013 - 12:00am
MANILA,
Philippines - The Bases Conversion and Development Authority (BCDA) is seeking
bids from educational institutions for the lease and development of a
1,395-square-meter property at the Bonifacio Global City (BGC) in Taguig.
“We are
calling on all interested educational institutions to join this bidding
process, and be one with the BCDA in pursuing continued national progress,”
BCDA president and chief executive officer Arnel Paciano Casanova said in a
statement yesterday.
Nena Radoc,
chairperson of BCDA’s asset disposition program committee, said the property is
the last remaining vacant lot at the institutional area of BGC.
“In effect,
this is a rare chance for reputable educational institutions to have their
presence in the most progressive and prestigious address in Metro Manila,” she
said.
The state-run
firm said the minimum acceptable starting annual lease for the property shall
be P3.948 million, subject to five percent annual escalation.
The winning
bidder will be required to pay in advance the annual lease for the first four
years.
Radoc said
other requirements for the bidding of the property are in the terms of
reference (TOR) which interested bidders may purchase at the BCDA Corporate
Center in Taguig City until June 11, for a non-refundable fee of P50,000.
The TOR may
also be viewed at the BCDA website at www.bcda.gov.ph.
A pre-bid
conference, which will discuss the TOR as well as serve as the venue to answer
inquiries of interested bidders is scheduled on June 11 at 10 a.m., at the BCDA
Corporate Center.
The BCDA is
mandated to transform former military bases into alternative productive
civilian use.
“As an
instrument of the national government, the BCDA is mandated to transform former
military bases into centers of growth, and this means not just malls and
hotels, but also schools and other civic institutions,” Casanova said.
He said the
state-run firm expects the last institutional area of BGC up for bidding to
play an important role for the Taguig business district and the country as a
whole.
“The AFP
(Armed Forces of the Philippines) will benefit from the bidding of this lot, as
remittances will go towards the modernization of our armed forces, all for the
improved protection and security of our nation,” he said further.
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