THE Public-Private Partnership (PPP) Center has approved the application for funding of the Department of Transportation’s (DOTr) plan to modernize its Central Office.
“One more project has been approved for support from the Project Development and Monitoring Facility [PDMF]after the PDMF Committee approved on September 26, 2023 the application for funding of the Department of Transportation [DOTr] for the provision of Project Preparation and Transaction Advisory Services for DOTr’s Central Office Main Building Project,” a statement from PPP Center read.
The PDMF is a revolving fund managed by the PPP Center established to enhance the investment environment for PPPs and develop a robust pipeline of viable and well-prepared PPP infrastructure projects.
The proposed DOTr project is expected to address the current and future office space requirements of the agency, as it envisions to have all of its offices housed within a single location to eliminate unnecessary transport and coordination cost, improve internal administrative efficiency, and increase transparency and accountability through enhanced access by the public and other stakeholders of the agency.
“Said project will involve the financing, design, construction, and operations and maintenance [O&M] of a mixed-use, multi-story, green-design and gender-responsive building, and ancillary facilities,” the statement read.
The scope of work will cover the preparation of the pre-feasibility study (FS); preparation of FS and structuring of the project; assistance to DOTr in securing all required government approvals; preparation of bid documents and assistance during the PPP bidding process; and post-PPP contract signing assistance and advisory for the project.
The PDMF committee is chaired by the National Economic and Development Authority (Neda) with the Department of Finance (DOF) as vice chair, and the Department of Budget and Management (DBM) and PPP Center as members of the Committee. The PPP Center acts as the PDMF Secretariat.
