naiax for pq conference - as of aug. 10, 2012 - upload version
TRANSCRIPT
NAIA Expressway Project Pre-Qualifications Conference
10 August 2012 *revised 13 August 2012
Republic of the Philippines
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
The Project
The NAIA Expressway:
• Phase I Adjustment Works
• Phase II Works
Additional Works – Access Roads:
• At-Grade Entertainment City Works
Development Impact
1. Provide improved quality of service at both the elevated toll road and the at-grade free roads around the airport
2. Supports tourism by providing fast and reliable access to the NAIA Terminals and PAGCOR Entertainment City
3. Supports the government’s PPP Program
4. Potential PPP Model for additional private participation / support for infrastructure
PAGCOR Entertainment City Access
• The revised alignment will allow users of NAIAX to have direct access to PAGCOR City and other developments in the area from NAIA and Skyway/SLEX.
The NAIA Expressway
• 4-lane elevated toll road:
– Connects Skyway/SLEX with Roxas Blvd./Macapagal Blvd./PAGCOR Entertainment City with access to NAIA Terminals 1, 2, & 3.
– Total equivalent length of 7.75km for Phase 1&2
– 12 on/off ramps at strategic locations
• Included in the High-Standard Highway Master Plan
Phase I Adjustment Works
• Adjustments to the 0.6 km Phase I viaduct, starting from Skyway Stage 1 at km 0+810 to km 1+398.27 including ramps, to achieve operations and maintenance standards comparable with standards to be set for Phase II that would enable seamless operations.
Phase II Works
• Design and construction of approximately 4.83 km 4-lane viaduct extension;
• Design and construction of a minimum of 6 on and 6 off ramps to NAIA Terminals 1, 2 and 3 and other strategic locations;
• Design and construction of two connection ramps to link Roxas Blvd., Macapagal Blvd. and Entertainment City on-off ramps to and from NAIA Terminals 1 and 2 on-off ramps;
• Design, construction and provision of toll plazas, toll operating equipment and safety facilities;
• Reconstruction and widening of affected at-grade public roads.
At-Grade: PAGCOR City
Revised NAIAX Alignment
← To Roxas Blvd./PAGCOR City
To Terminal 3 and Skyway/SLEX
Connection Ramps: Roxas Blvd. to T1/T2
To Manila via Macapagal Blvd. →
← To Cavite via Roxas Blvd./CAVITEX
To NAIA Terminals and Skyway/SLEX
PAGCOR Entertainment City (Future) Development
At-Grade Entertainment City Works
• Construction of:
approximately 1.72 km 6 to 8-lane at-grade roads
300 meter 2-lane service road w/in the Entertainment City
500 meter 4-lane access road connecting New Seaside Drive to Macapagal Boulevard
• Construction to be based on the design specs to be provided;
• the maintenance and operations of this section shall be turned over to the Government upon completion.
At-Grade Entertainment City Works
NAIAX: Design and Alignment
• The indicative minimum design standards and alignment shall be predetermined prior to bidding.
• Any substantial changes to the design or the alignment, including the location of the ramps, shall require the review and approval of Government.
At peak-hours
Traffic Situation
• Roads are highly
congested
• Travel time from Makati or
Manila CBD takes at least
one hour
• About 36,391 vehicles
currently pass through
these roads every day
Traffic volume along this corridor is expected
further increase as Entertainment City becomes
operational in 2013 onwards and as more tourists
visit the country as a result of a more aggressive
tourism campaign by Government.
PPP STRUCTURE AND QUALIFICATION REQUIREMENT
PPP Concession Structure
• Legal Framework: Philippine BOT Law and its IRR
– Build-Transfer-Operate (“BTO”) variant under the BOT Law
• Concession Period: 30 years (inclusive of design and construction period)
PPP Structure
• The Concessionaire’s obligations/rights: – Finances, designs and constructs the NAIAX Phase II Works
– Finances and constructs the At-Grade Entertainment City Works
– Finances and conducts the NAIAX Phase I Adjustment Works
– Undertakes O&M of the entire NAIA Expressway (Phase I&II)
– Undertakes future periodic maintenance, repairs and renewals
– Assumes traffic risk
– Receives toll fees
PPP Structure
• The Government’s obligations: – Turns over possession of existing Phase I (upon issuance of TOC)
– Acquires and delivers all required ROW
– Ensures application of periodic toll adjustments
Bidding Framework for the Transaction International Competitive Tender
• Two-Stage Bid Process: Pre-qualification of Bidders based on legal, technical
and financial criteria
Invitation to Submit Bids from Pre-Qualified Bidders
Two-envelope system for Bids
• Posting of required bid bond
• Technical Proposal - evaluated on a Pass/Fail basis
• Financial Proposal – lowest required amount from the Infrastructure Support Facility as bid parameter
PROJECT TERMS
Estimated Revised Project Cost
Project Cost Items (Current Prices)
Est. Revised Proj. Cost in Php Millions
Contribution
ROW 1,000 Government
Construction Cost 11,000 Private Sector
Other costs* 3,500 Private Sector
Total Est. Project Cost: 15,500
*Other costs include contingencies, consultancy costs, insurance, and financing
costs, among others.
Other Major Indicative Project Terms • Concession Period 30 years
• Right-of-Way Government
• Infrastructure Support Facility Up to Php6.5B
• Construction period Approximately 2 years
• Preparation of the Detailed
Engineering Design
Approximately 10 months; partial delivery
and approval allowed
• Operation start year
• At-Grade Entertainment City Works turn-over
by Dec.2013;
• Partial operations by April 2015 (T1/2 to/from
Roxas Blvd. / Macapagal Blvd. / Ent. City);
• Full operations by 2016
Timetable Milestone Target Date
PQ Conference 10 August 2012
PQ Submission 18 September 2012
Identification of Pre-Qualified Bidders / Issuance of Bid Documents to Pre-Qual. Bidders
End September 2012
Bid Conference October 2012
Bid Submission December 2012 /
January 2013
Issuance of Notice of Award 1Q 2013
At-Grade Entertainment City Works Completion December 2013
Partial Construction Completion (T1/T2 to Roxas/Macapagal/Entertainment City)
1Q 2015
Construction Completion 1Q 2016
THANK YOU
NAIA Expressway Project Pre-Qualifications Conference
10 August 2012
Republic of the Philippines
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS