PPP center hopeful to bid out 8 contracts by June 30

ABS-CBN News

Posted at Apr 20 2016 02:55 PM

The Public-Private Partnership (PPP) Center is downsizing the number of projects it aims to award before the next president takes over.

PPP Center Executive Director Andre Palacios said more partner agencies are holding off procurement because of worries over complications with approvals ahead of the change in government.

"We were hoping that we could award 10 up to possibly 11 PPP projects before June 30 but some agencies foresee there will be problem on project site and there problems also in getting some government approvals for example with the DOF [Department of Finance] review or OGCC [Office of the Government Corporate Counsel] review," he said.

One of the projects that has been officially put on hold is the modern prison project of the Bureau of Jail Management and Penology, which was supposed to be bid out Wednesday.

Palacios said they are now hoping to pull the trigger on bidding for eight other PPP projects.

-ANC's Dateline Philippines, April 20, 2016

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