The Philippine Ports Authority (PPA) has issued a notice of award to Orient Star Construction Inc. for the P273-million Bulalacao Port Expansion Project.
Orient Star is a construction firm based in Oriental Mindoro.
“Pursuant to the provisions of the bid documents, you are hereby instructed to formally enter into contract with us and to post the required performance security in the form of and the amount stipulated in the instructions to bidders, within 10 days from the receipt of this notice of award,” the PPA said.
“Failure to enter into the said contract or provide the performance security shall constitute a sufficient ground for cancellation of this award and forfeiture of you bid security,” it added.
The project’s scope includes the removal and excavation works, port operational area and covered walkway, and passenger terminal building and pumphouse.
The expansion project, once completed, will address the growing passenger and cargo volume at the Port of Bulalacao in Oriental Mindoro.