THE Department of Transportation (DoTr) has issued an invitation to bidders for the design and development of the EDSA Busway stations rehabilitation phase 1 project.
The project is valued at P252.80 million.
In the bid invitation, the DoTr Bids and Awards Committee for Road Transport and Infrastructure set May 19 as the deadline for submissions.
The winning bidder will be given one year to complete the project, the DoTr said.
The DoTr has said the planned privatization for the EDSA Busway project is currently on hold as the agency plans to focus on improving the busway system first before tapping the private sector for its operation.
In February, the DoTr said it will fund the upgrades from its own resources.
The DoTr said the feasibility study for the EDSA Busway project is expected to be completed within the year pending finalization of the terms of reference by its consultant.
The privatization is now expected to take place by 2026.
The EDSA Busway Project initially involved the financing, design, construction, procurement of low-carbon buses, route planning, and operations and maintenance of the busway, according to the Public-Private Partnership Center. — Ashley Erika O. Jose