The MWSS opens the Angat Water Transmission Improvement Project (AWTIP) financial bids on 23 March 2016. The bids of the three submitting bidders were announced and read with the Cooperativa Muratori & Cementisti group registering the lowest bid at P2.936B (excluding 12% VAT). McConnell Dowell Constructors (Aust) Pty Ltd.’s bid was read as P3.891 inclusive of VAT, while that of China Railway was P3.5998.
The submissions will still be subjected to a detailed evaluation before a definitive determination of the winning bid can be made. Issuance of NOA is targeted for mid-July 2016 and construction is targeted to start on January 2017. The project is funded through a loan from the Asian Development Bank (ADB).