By Lenie Lectura -January 29, 2020
from Business Mirror
THE Power Sector Assets and Liabilities Management (PSALM) Corp. has issued a bid invite for the operation and maintenance service contract (OMSC) for the Malaya Thermal Power Plant (TPP).
The state firm said it has set aside an approved budget of P224,800,000 for the contract as payment to the winning bidder.
“PSALM now invites bids for the procurement of Operation and Maintenance Service Contract for the Malaya plant. Bides received in excess of the approved budget contract shall be automatically rejected at bid opening,” PSALM said.
Deadline for bid submission is on February 17. A pre-bid conference is scheduled on February 4 this year.
The contract is good for one year. Interested bidders should have completed a contract similar to the project. The Malaya TPP is being managed by PSALM through an OMSC. Located in Pililla, Rizal, the Malaya TPP was designated as a must-run unit by the Department of Energy in 2014. As an MRU, it is compelled to run and provide the power supply as deemed necessary in order to ensure reliability of power supply in the Luzon grid, particularly in times of supply shortfall, system security and voltage support. In 1995, it was rehabilitated by Korea Electric Power Corp. under a 15-year rehabilitate-operate-manage-maintain agreement.