A consortium of Ayala-led Manila Water Co. Inc. has secured the contract to service the water supply needs of San Jose in Nueva Ecija.
Manila Water, wholly-owned subsidiary Manila Water Philippine Ventures Inc., and Tubig Pilipinas Group Inc. received a notice of award from the San Jose City Water District – Nueva Ecija (SJCWD), the company said in a regulatory filing submitted by compliance officer Darwin Mendoza.
The project covers the implementation of design, construction, improvement, upgrade, rehabilitation, maintenance, operation, financing, expansion, and management of the water supply system of San Jose City. It also calls for providing water and sanitation services of the water district.
The project has an estimated capital expenditure program of over P1.399 billion over the 25-year contract period and is estimated to have a billed volume of about 21 million liters per day by year 25.
The consortium and the water district are signing a joint venture deal that will give the Manila Water group, as contractor, “the sole right to develop, manage, operate, maintain, repair, refurbish and improve, expand and as appropriate, decommission, the facilities in the service area, including the right to bill and collect tariff for water and sanitation services supplied in the service area of SJCWD.”
Manila Water holds the concession rights to the east zone of Metro Manila and Rizal province. These include Mandaluyong, Makati, Pasig, Pateros, San Juan, Taguig, Marikina, and parts of Quezon City and Manila. The towns of Angono, Baras, Binangonan, Cainta, Cardona, Jalajala, Morong, Pililia, Rodriguez, Tanay, Taytay, Teresa, San Mateo and Antipolo in the province of Rizal are also part of the East Zone concession. —Ted Cordero/VDS, GMA News