24 Jul 2012
The Power Sector Assets and Liabilities Management (PSALM) Corporation has formally opened the bidding process for the service contract to operate and maintain the 650-megawatt (MW) Malaya Thermal Power Plant for a one-year period.
PSALM's Invitation to Bid (ITB) published last Monday, 23 July 2012, indicates that the Operation and Maintenance Service Contract (OMSC) for the Malaya facility has an approved budget for the contract (ABC) of PhP555,828,800. Bids received in excess of the ABC will be rejected outright, the ITB states.
Prospective bidders for the OMSC must have completed a contract similar to the project within five (5) years from the date of submission and receipt of bids. The bids must also be accompanied by a bid security in any of the acceptable forms that PSALM prescribes and in the amount stated in the instructions to bidders contained in the bidding documents.
The tender scheduled on Friday, 17 August 2012, will be conducted through open competitive bidding procedures using a non-discretionary "pass/fail" criterion as specified in the Revised Implementing Rules and Regulations (IRR) of Republic Act No. 9184, the "Government Procurement Reform Act." The bidding is open to all interested parties, whether local or foreign, subject to the conditions for eligibility provided in the IRR of RA No. 9184.
PSALM announced that bidders can get a complete set of bidding documents from its office in Makati beginning 24 July 2012 upon payment of a nonrefundable fee of PhP75,000.
To afford interested bidders the opportunity to clarify their concerns on the provisions of the bidding documents, PSALM will hold a pre-bid conference on 02 August 2012 at 2 p.m. at the 6th Floor of the Bankmer Building in Makati.
PSALM is conducting the procurement of the OMSC for the Malaya Thermal Power Plant since the contract with SPC Light-SPC Power consortium that operated and maintained the facility for a year will expire by 25 October 2012. A joint venture between SPC Light Company and SPC Power Corporation, the SPC Light-SPC Power Consortium was the lone bidder in the tender held last 05 September 2011.
PSALM is operating the Malaya plant pending its privatization. Situated in Pililia, Rizal Province, the Malaya plant was rehabilitated in 1995 by the Korea Electric Power Corporation under a 15-year rehabilitate-operate-manage-maintain agreement. It consists of a 300-MW unit with a once-through type boiler and a 350-MW unit fitted with a conventional boiler.
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