PTT bags contract to develop SCTEX Service Area

The state-owned Bases Conversion and Development Authority (BCDA) said it has awarded to PTT Philippines Corporation (PTT) the contract for the long-term lease and development of the SCTEX Macangcung Service Area.

“We welcome PTT Philippines Corporation and expect them to accord the motorists plying the north bound section of SCTEX with better service as soon as the SCTEX Macangcung Service Area is operational,” Casanova said.

He said development of the SCTEX Macangcung Service Area involves the establishment, operation and maintenance of a gasoline station with amenities. The amenities of the service area would include, among others, rest rooms, sufficient and adequate parking slots, emergency First Aid station, potable water and lighting system, emergency vehicle repair shop and convenience stores.

For her part, BCDA chairperson of the Asset Disposition Program Committee Atty. Nena D. Radoc said that PTT’s winning bid for the annual fixed lease starting on the fifth year amounted to Four Million One Hundred Thousand Pesos (P4,100,000.00) inclusive of 12 percent VAT, and subject to a five percent annual escalation.

Radoc said after careful examination of PTT’s submitted documents and statements, PTT was declared as the bidder with the highest ranked and complying bid.

She said that the lease period for SCTEX Macangcung Service Area is 25 years and renewable for another twenty-five years.

The SCTEX Macangcung Service Area lot is located in Brgy. Santiago, Concepcion, Tarlac and at the Clark-bound/north-bound direction of the Clark-Tarlac segment.