ZCWD, firm sign joint venture deal PDF Print E-mail
Tuesday, 01 April 2014 11:03

The Zamboanga City Water District (ZCWD) and the PrimeWater Infrastructure Corporation (PWIC) have signed a Joint Venture Agreement and a Bulk Water Purchase Agreement for the design, financing, construction and operation of a  50 million liters per day (MLD) additional supply of water for the city of Zamboanga, specifically in the west coast. The facility has the following components:

Water treatment facility

700 linear meters of transmission line for raw water

3.3 kilometers of 700 mm diameter of treated water transmission lines

2 units of water reservoir with a capacity of 10,000 cubic meters

Supply and installation of 2 sets of Electro-Magnetic Bulk Meter

The multimillion peso treatment facility (PhP645M) project finally materialized after two years of thorough review and evaluation of the unsolicited proposal by the Joint Venture Selection Committee (JVSC), which is composed of management, technical and financial representatives of the ZCWD, the Office of the Government Corporate Counsel, and the National Economic and Development Authority as voting members. It also includes non-voting representatives (observers) from the National Water Resources Board and the local chapters of the Philippine Institute of Civil Engineers (PICE) and Philippine Institute of Certified Public Accountants (PICPA). Series of committee meetings were held to complete the review and evaluation of the proposal following the procedures under the 2008 NEDA Guidelines and Procedures for Entering into Joint Venture Agreements between Government and Private Entities.

The Tender Documents was published at Philippines Star on December 18, 2013. Six (6) private entities submitted Letters of Intent. However, only two actually purchased eligibility documents but NO one submitted their technical and financial proposals. Since no private entity challenged the proposal of the original proponent, the ZCWD Board approved and authorized the execution of the JVA and BWPA pursuant to Board Resolution No. 042. The legal examination on the terms of the Agreements was done by the Office of the Government Corporate Counsel.

GM Leonardo Rey D. Vasquez and Chairperson Nelida F. Atilano of ZCWD, and PWIC’s President Michael Regino and GM Fe Rebancos signed the Agreements. The project is expected to be fully operational towards the end of 2016.