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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 3,467.3 M
LOAN/ GRANT PROCEEDS Y 22,262.0 M
FUNDING SOURCES:
JBIC's OBUCHI FUNDING (PH-P211)
NG Assistance/ Corporate Funds
IMPLEMENTATION SCHEDULE:
(Including Selection of Consultants)
Package A - September 1999 - Jan. 2006 (Original)
- September 1999 - March 2007 (Revised)
Package B - April 2002 - April 2004 (Original)
-
April 2004 - July 2004 (Revised)
CONTRACTOR AND CONTRACT AMOUNT:
Package A -
SUMITOMO-ITOCHU JOINT VENTURE
Loan Component GOP
Counterpart
¥ 15,593,420,106
P 729,067,036.50 (including VAT)
Supplemental Agreement
Workshop Roof and
Station Parapets
¥ 416,627,365
P 23,057,282,.86
Package B -
MARUBENI CORPORATION
¥ 2,479,000,000
P 178,706,842.5 (including
VAT)
Additional Works:
ACU
¥
282,741,067*
P 19,231924.36 (including VAT)
LRV Electrical USD
3,196,262
P 22,316,622 (including Vat)
Trackworks
¥ 549,596,835
P 37,962,155 (including VAT)
Note: * Final Amount of ACU subject to LRTA Approval
CONSULTING SERVICES: (Package A
& B)
Package A
- PACIFIC CONSULTANT INTERNATIONAL, et.al.
¥ 1,639,873,315
P 16,738,356.00 (VAT)
Package B - (SUP)
¥
282,741,067*
P 19,231924.36 (including VAT)
Supplemental Agreement No. 1A
¥
47,187,000 P 3,591,000
P 410,400(VAT)
Supplemental Agreement No. 2
¥
121,940,175 P 53,278,785
P 19,231924.36 (including VAT)
TOTAL
PROJECT COST: (As
of May 31, 2008)
|
Component |
Contract Amount |
Payment to Date |
Contract
Balance |
| Consulting-A
(¥en) |
¥ 1,561,000,000.00 |
¥ 1,554,586,277.00 |
¥
102,813,408.00 |
|
Supplemental Agreement No. 1A |
¥ 56,523,600.00 |
|
|
|
Supplemental Agreement No.
2 |
¥ 260,465,06.00 |
|
|
|
(Peso) |
|
|
|
|
VAT |
16,738,356.00 |
7,915,525.51 |
8,822,830.49 |
|
Package -A (¥en) |
¥ 15,593,420,106.00 |
¥ 10,059,001,774.00 |
¥ 1,534,418,332.00 |
|
(Peso) |
P 662,788,215.00 |
215,549855.20 |
447,238,359.80 |
|
VAT |
77,907,742.00 |
24,239,138.83 |
53,668,603.17 |
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