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Group with highest revenue share will win NAIA bidding - DOTr
The Philippine Star
|January 08, 2024
The Department of Transportation (DOTr) plans to issue the contract to operate and maintain the Ninoy Aquino International Airport (NAIA) to the consortium with the highest offer on revenue share.
Transportation Secretary Jaime Bautista told reporters that should all consortiums participating in the bidding for NAIA pass the legal and financial tests, the clincher would be how much revenue they are willing to split with the government.
This means the DOTr will favor the proposal that provides the highest annual returns for the government from NAIA operations.
Transportation Undersecretary Timothy John Batan said whoever secures the deal to rehabilitate NAIA will settle an upfront fee of P30 billion and an annuity cost of P2 billion. Aside from this, the concessionaire hands over a portion of its income from NAIA to the government.
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