Published April 24, 2018, 10:00 PM By Myrna M.
Velasco
State-run Power Sector Assets and
Liabilities Management Corporation (PSALM) is inviting interested parties anew
into the scheduled auction of the Operation and Maintenance (O&M) contract
for the 650-megawatt Malaya thermal power plant for the period from 2018 to
2019.
It is apparent in the invitation to
bid (ITB) issued by the company that the dangled O&M contract cost had been
significantly slashed to P264 million from a higher budget of R457 million for
the 2016-2017 period; and almost the same level for the O&M deal that will
lapse in August this year.
For the past two years, it had been
South Korean firm STX Marine Services Co. Ltd. that had won the O&M
contract for the state-owned thermal plant, which is being depended upon by the
country’s power system when supply runs tight.
According to PSALM, the bid opening
for the new O&M deal will be on May 15 this year, while pre-bid conference
is slated on May 2.
The state-run company has specified
that “bids received in excess of the approved budget cost shall be
automatically rejected at bid opening.”
The contract covers “delivery of
goods and services required for one year upon the effectivity of the contract.”
Prospective bidders are required to
“have completed within five years from the date of submission and receipt of
bids, a contract similar to the project.”
In continually running Malaya plant,
it was gathered from industry sources that such must already be studied
seriously by the government given the ample supply that Luzon grid has already
been experiencing.
In fact, it was further noted that
bulk or about 85-percent of the O&M budget being awarded to the contractor
account for personnel salaries; and that magnitude of expense cannot even be
justified by the level of generation that the Malaya facility has been
contributing to the grid.
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