my philstar column today - maybe the bidding instructions were - TopicsExpress



          

my philstar column today - maybe the bidding instructions were wrong. Instead of a premium, they should have asked the proponents to bid the lowest toll rate to be charged. It doesn’t seem right for government to make money on PPP infrastructure projects it should be spending money on and opening the people to a higher toll. The real purpose of the program is to put private sector resources to work in public infrastructure government doesn’t have the resources to build… at the least cost to the people. Even if the proponents say that the high premiums don’t matter because government will regulate toll fees anyway, it would be unbelievable for a private business to not seek to recover those outsized premiums somehow. Their toll rate petitions will likely factor the high premiums as well.
Posted on: Mon, 17 Nov 2014 03:22:23 +0000

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