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The Philippine Public-Private Partnership (PPP) Center has announced the initial list of 19 prequalified firms that will join the Project Development and Monitoring Facility's (PDMF) new Panel of Consulting Firms.
The initial members of the new PDMF Panel have the following firms as lead:
The PDMF is a revolving pool of funds from the Philippine and Australian governments to enhance investments in PPPs.
The panel will be retained on non-committal basis for two years or until 2016, to support project preparation and structuring as well as transaction advisory in various projects in the PPP Program pipeline.
Usec. Cosette V. Canilao, PPP Center Executive Director, stated:
We are excited about this new panel, as we proceed to develop and roll out more projects from our PPP pipeline of critical infrastructure and development projects from various sectors. Along with our development partners providing support to the PDMF, we are pleased at how the PDMF has significantly enabled implementing agencies in developing and rolling out projects that continually draw interest from major local and international bidders
The PDMF objective is to provide a facility to fund and facilitate pre-investment activities of potential PPP projects, including: preparation of project pre-feasibility studies, project structuring, preparation of bid documents and draft contracts, transaction advisory, and assistance in the tendering process including bid evaluation and award of PPP projects through competitive selection.