Brief Description of the Project
The project involves the acquisition and installation of air-conditioning units in the old fleet and acquisition of 12 additional air-conditioned 4-car trains which will require additional upgrading and equipment for signaling, telecommunications, traction power supply and distribution, track works, automated fare collection system and additional civil works for some stations and Depot to accommodate the new trains and enhance the headway.   The project aims at further expanding the capacity of LRT Line 1 from 27,000 pphd (Phase I) to 40,000 passengers per hour per direction (pphd) ( Phase II).  Hence, the Phase II project is intended to cope with the present and expected increase in the volume of passengers using LRT Line 1 and additional passenger demand to be generated under the integrated MRT Lines 1, 2, and 3.  All these features are aimed at providing a safe, reliable and environment-friendly transportation service in Metro Manila. TOTAL PROJECT COST: (In Millions) GOP P      3467.3 M LOAN/ GRANT PROCEEDS ¥    22,262.0 M             FUNDING SOURCES:            JBIC's OBUCHI FUNDING (PH-P211)                NG Assistance/ Corporate Funds(OCL)   IMPLEMENTATION SCHEDULE:            (Including Selection of Consultants and inclusive of defect liability period and Additional Works)            Package A    - September 1999 - Jan. 2006 (Original)                                 - September 1999 - March 2007 (Revised)                                 - April 2007 - March 2009 (Package A - DLP)                                 - April 2009 - September 2009 (Extended Consulting Services)                                   S.A. no.2 - January 8, 2008 - January 28, 2009              Package B   - April 2002 - April 2004 (Original)                                - April 2004 - July 2004 (Revised)                                   S.A. no.1A - January 8, 2008 - September 1, 2008                                   S.A. no.1A & 1B - January 4, 2010 - December 2010   CONTRACTOR AND CONTRACT AMOUNT:     Package A -                       SUMITOMO-ITOCHU JOINT VENTURE                                                 Loan Component               GOP Counterpart                                                 ¥ 15,593,420,106             P 740,695,957.00 (including VAT)   Supplemental Agreement  Workshop Roof and Station Parapets                                                ¥      415,547,998              P 23,057,282.86               20,803,645.71(VAT)       Package B -                        MARUBENI CORPORATION                                                 ¥    2,479,000,000            P 178,706,842.5 (including VAT)       Additional Works:     Off-Shore                           On-Shore             ACU                             ¥      296,268,883         P    17,146,361.75           P   19,231,924.36 ( VAT)             Track Works                  ¥     504,171,770         P     74,387,687.81         P    37,962,155      ( VAT)   CONSULTING SERVICES:      Package A & B     Package A  -                     PACIFIC CONSULTANT INTERNATIONAL, et.al.                                                    ¥ 1,643,380,482                   P 21,335,497.34 (VAT)     Package B  -                           ¥   223,998,075                   P   3,164,400.00 (VAT)   Additional Works:                                   Loan Component                                             GOP Counterpart                                                                     FC                                                 LC   Supplemental Agreement No. 1A             ¥  46,347,000.00             P     3,866,808.51                P   464,017.02 (VAT)    Supplemental Agreement No. 1B             ¥  36,876,582.00              P    6,861,732.96               P   823,407.96 (VAT)    Supplemental Agreement No. 2               ¥ 133,662,287.00              P  54,167,110.00            P 6,089,004.00 (VAT)                TOTAL PROJECT COST: (As of September 30, 2011)   Component Contract Amount Payment to Date Contract Balance JBIC Fund LBP-OCL Consultant         Consulting A Yen   1,643,380,482.00  1,589,570,972.00 -    53,809,510.00   VAT   21,335,497.34   7,915,525.51 -    13,419,971.83 Consulting B Yen   223,998,075.00   185,874,151.00 -   38,123,924.00   VAT  3,164,400.00  2,468,309.10 -   696,090.90   Consulting S.A.-1A Yen   47,187,000.00 6,244,560.00 31,928,400.00 9,014,040.00                                      Peso   4,037,808.51  - ** 3,315,742.50 722,066.01                                      VAT     410,400.00 - - 410,400.00 Consulting S.A.-1B    Yen  36,876,582.00 - 12,486,297.00  24,390,285.00                                     Peso ** 7,685,140.92 - ** 1,379,625.72 6,305,515.20 Consulting S.A. - 2  Yen 127,855,612.00 31,401,520.00 96,454,092.00 -                                      Peso 45,541,021.59 - 36,025,600.61 9,515,420.98                                       VAT 6,089,004.00 - 4,323,072.07 1,765,931.93 Contractor Package A                  Yen 15,593,420,106.00 15,543,725,991.00 - 49,694,115.00                                      Peso 662,788,215.00 - 575,066,613.25 87,721,601.75                                      VAT 77,907,742.00 - 67,381,149.80 10,526,592.20 Package A -               Yen 415,547,998.00 415,547,998.00 - - Additional Works      Peso 22,537,282.86 - 22,537,282.86 -                                     VAT 20,803,645.71   2,704,473.94 18,099,171.77 - Package B -               Yen 800,440,653.00 - 785,627,211.00    14,813,442.00 Additional Works      Peso 81,726,829.96 - 79,143,393.76   2,583,436.20                                      VAT 9,807,219.59 - 9,497,207.24   310,012.35     ** (including VAT)
PHYSICAL STATUS:  September 30, 2011
Package A (LRV's Related System and Civil Works) Sub-System Contract Value % Progress Percentages (%)     Planned Actual A. General 7.61 100 100 B. Rolling Stock 61.71 100 100 C. Signaling System 12.86 100 100 D. Telecommunication System 3.73 100 100 E. Automated Fare Collection System 4.34 100 100 F. Power Supply and Electrical Works 2.86 100 100 G. Track Works 0.88 100 100 H. Overhead Catenary's System 0.58 100 100 I. Mechanical and Workshop Equipment 1.36 100 100 J. Operation Control Center 0.54 100 100 K. Civil Engineering and Architecture Works 3.53 100 100 PROJECT TOTAL 100.00 100 100 Package B (Supplemental Agreement No.1A and 1B) Sub-System Contract Value % Progress Percentages (%)     Planned Actual A. Track Works 63 100 100 B. Air-conditioning Unit (Adtranz) 37 100 100 PROJECT TOTAL 100 100 100 Note:    Financial and Physical Accomplishment of Package B - Extra works As of September 30, 2011,Track Works - 100% for Foreign Currency and 100% for Local Currency of Milestone Achievement Certificate has been processed and certified by the Engineers and for ACU Works - 95% for Foreign Currency and 83% for Local Currency of Milestone Achievement Certificate.   Photos         For more information   Please contact: Engr. RODRIGO P. BULARIO Project Manger, Tel. # +63(2)851-7338 or at Tel. # +63(2)853-0042 local 8888