CIAC seeks release of add’l P162 million for terminal building
The Clark International Airport Corporation (CIAC) yesterday is requesting the transfer of the second tranche, or P161.7 million, of its P2.8-billion budget from the Department of Transportation (DOTr).
Last week, the DOTr released the first tranche of the funds, worth P6.6 million, so CIAC can hire consultants to assist it in approving the Terms of Reference (TOR) for Detailed Engineering and Design (DED).
Once the first tranche of money has been spent, CIAC will immediately request DOTr to transfer the second tranche worth P161.7 million, confirmed CIAC president and chief executive officer Alexander Cauguiran.
The amount accounts for half of the P323 million allocated for the bidding of the consultancy services for the DED and project management services.
Barring unforeseen circumstances, the process of bid and award of contract may be completed by the third quarter of this year, he added.
The winning bidder will be responsible for the design study and the draft TOR as basis in acquiring the services to build three major civil works – the taxiway, a new aircraft parking apron or ramp and apron shoulders with a combined worth of P2.163 billion.
The CIAC Board of Directors will review and approve both the design study and the TOR before the release of the third tranche of funds, amounting to another P161.7 million.
In implementing the civil works, the CIAC will submit an approved program of work and will seek the transfer of the remaining budget, also in tranches, from the period of pre-construction supervision to actual implementation.
For the first phase of the CRK project, the DOTr was appropriated P800 million in the General Appropriations Act (GAA) of 2015 and P2.09 billion last year.
The construction of a new Clark airport terminal the first of four design phases for domestic and international travelers with an 8-million-passenger capacity is included in CIAC’s Master Development Plan and will be finished before the term of President Rodrigo Duterte ends, according to Cauguiran.