PSALM launches 2013 diesel oil procurement projects

13 Feb 2013

In line with its fuel procurement program for 2013, the Power Sector Assets and Liabilities Management (PSALM) Corporation on Wednesday (13 February 2013) has commenced its acquisition of 1.93 million liters worth of industrial diesel oil (IDO) for various power plants with an approved aggregate budget of PhP80,455,464.00.

PSALM's Invitation to Bid specified four (4) procurement projects for its IDO needs this year, which involve the supply and delivery of the IDO requisites of 1) the 32-megawatt (MW) Power Barge (PB) 103 situated in Botongon, Estancia, Iloilo; 2) the 32-MW PB 104 moored in Ilang, Davao City; 3) the 55-MW Southern Philippines Power Corporation (SPPC) located in Sarangani; and 4) the 100-MW Western Mindanao Power Corporation (WMPC) located in Sangali, Zamboanga.

PSALM further noted that it has set the approved budgets for the contract (ABCs) for the said procurement projects as follows: PhP16,744,605.00 for PB 103 (the 390,000-liters); PhP56,901,850.00 for PB 104 (1,380,000 liters); PhP3,832,917.00 for SPPC (90,000 liters); and PhP2,976,092.00 for WMPC (70,000 liters). The bidding documents, PSALM added, may be purchased beginning 13 February 2013 at a nonrefundable fee of PhP25,000.00, PhP50,000.00, PhP5,000.00, and PhP5,000.00, respectively.

PSALM President and Chief Executive Officer Emmanuel R. Ledesma, Jr. noted that the fuel procurement projects will help maintain stable power in the country, particularly in Mindanao where most of the power plants are stationed.

PSALM said interested parties must have completed, within five (5) years from the date of submission and receipt of the bids, a contract similar to the project, equivalent to at least 25% of the ABC. A bidder may bid for any or all of the procurement projects.

The pre-bid conference for prospective bidders will be held on 20 February 2013 at 10:30 a.m. at its head office in Makati City.

The deadline for the submission and receipt of bids is on 04 March 2013 at 10:00 a.m., with the opening and evaluation following immediately at 10:30 a.m.

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