The government is planning to bid out the operations and maintenance (O&M) contracts of the Metro Rail Transit (MRT) Line 3 and the Light Rail Transit (LRT) Line 2 as a “bundle.” Know more:
The government is planning to bid out the operations and maintenance contracts of the Metro Rail Transit Line 3 and the Light Rail Transit Line 2 as a “bundle.”
“Our direction is to bundle the two contracts. We are talking about the 2025 and beyond timeline—that is why we have to decide now up to 2025 or 2024 if we will bundle the two deals,” he said in a chance interview. “That is our direction now. So when we offer it to the private sector, it will be under the Public-Private Partnership [PPP] program,” Chavez said.
The government is spending anywhere between P600 million and P900 million per month in equity rental payments to operate the MRT 3.
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