Megawide Construction Corp. and consortium BSP & Company Inc. and Vicente T. Lao Construction recently received a Notice of Award (NOA) for Phase 2 of the PPP for School Infrastructure Project (PSIP II) from the Philippine Department of Education for the construction of school buildings under the country's public-private partnership (PPP) program.

The Department of Education recently approved the said recommendation made by the Department's Project Bids and Awards Committee (PBAC) last September 13, 2013.

Megawide Construction Corp. received the NOA for contract package A, and BSP & Company, Inc. and Vicente T. Lao Construction received the NOA for contract package E. Both firms have the Lowest Complying Bid (LBC) as evaluated by the PBAC.

Megawide Construction Corp. will construct 2,240 classrooms in 928 schools in Ilocos, Cagayan Valley, Central Luzon and Cordillera regions while BSP and Company Inc. while Vicente T. Lao Construction will construct 1,930 classrooms in 750 schools in Northern Mindanao and Caraga Regions.

Based on the project's instruction to bidders, both firms should submit within 20 days upon receipt of the NOA the prescribed documents under the BOT Law.

Upon compliance of the post-award requirements, the DepEd will schedule the signing of the contract for all packages.

1. Upfront financing of the design and construction of the project;
2. Preparation of the detailed engineering design (DED);
3. Construction of project facilities;
4. Transfer of project facilities and ownership of these assets to theDepartment of Education after construction.