PSALM invites bidders to supply fuel requirements

02 Feb 2012

The Power Sector Assets and Liabilities Management (PSALM) Corporation is currently inviting interested bidders to supply and deliver the oil-based fuel requirements of seven power facilities that include the 149-megawatt (MW) Naga Power Plant Complex, the 55-MW bunker-fired power facility of Southern Philippines Power Corporation (SPPC), the 100-MW diesel plant of Western Mindanao Power Corporation (WMPC), and Power Barges 101, 102, 103, and 104.

Prospective bidders vying for the PSALM Board-approved PhP10.6-billion (PhP10,643,994,035.00) fuel oil contract are expected to attend the Pre-Bid conference on 07 February 2012, 10 a.m. at the 6th floor of PSALM's Makati office. PSALM will discuss with the bidders the salient provisions of the bidding exercise, including the supply of industrial fuel oil (IFO) for the power plants.

For its IFO requirements, PSALM will need 5,950 kiloliters (kL) for Power Barge 101, 6,830 kL for Power Barge 102, and 5,960 kL for Power Barge 103 all moored in Iloilo city; 18,550 kL for the Davao City-based Power Barge 104; 55,600 kL for SPPC's power station in Sarangani; 101,500 kL for WMPC's power facility located in Sangali, Zamboanga; and 92,390 kL for the Naga Power Plant Complex.

The deadline for the submission of bids is on Tuesday, 21 February 2012, 10 a.m. at the PSALM offices. The bid opening will commence at 10:15 a.m. Bidders will have the option to bid for any or all plants. Evaluation of bids and award of contract will be undertaken on a per plant basis.

The Invitation to Bid was published last 30 January 2012.

Strategic Communications and Partnership Division
Tel. No. (632) 9029067