PLARIDEL BY–PASS as TOLL ROAD PROJECT (PPP Scheme)
The expansion to 4–lane Toll Road Expressway is designed through the construction of two–lane road in parallel of the existing bypass road and a dividing median of 3m. The Toll Road design includes construction of 10 bridges, 2 interchanges, 5 overpasses, 1 intersection and 3 toll plazas. The project includes the construction of two service roads, one each side along the Toll Road, along section Sta. 032+970.33 (Burol) to Sta. 047=400 Angat River. The Toll Road implementation period is five years, including two years from tendering and design and three years construction. The overall cost is estimated at around Php 9.387 billion including the service roads and right-of-way expenses.
Php 9.325 B
Approved by the NEDA–ICC on 14 October 2015
Draft IM, ITPB, ITB, TCA, and MPSS are currently being reviewed.
PPP Service to review revised MPSS sent by the Transaction Advisor.
Waiting for the next NEDA Board Meeting.
Draft Environmental Performance Report and Management Plan (EPRMP) with comments submitted to Transaction Advisor (TA) on May 05, 2016 for their consideration.
Concession Period including Construction is 30 years