MANILA - The gathering that sacked the P1.7-billion Automated Fare Collection System (AFCS) Project of Metro Manila's three overhead rail administrations will sign on Monday its agreement with the Department of Transportation and Communications (DOTC).
"I comprehend it has been declared," Transport Undersecretary Perpetuo Lotilla, said, alluding to the planned marking of the agreement.
The AF Consortium, which offered the most elevated premium offer of P1,088,103,900 for the AFCS undertaking, proposed a transaction expense of P800 million and accessibility installment of P279 million.
The AF Consortium is made out of AC Infrastructure Holdings Corp, BPI Card Finance Corp, Globe Telecom Inc, Meralco Financial Services Corp, Metro Pacific Investments Corp (MPIC) and Smart Communications Inc.
The second-most astounding bidder, SM Consortium, had said its proposal was "better" than that of AF Consortium. The SM Consortium proposed to pay the administration everything of P1.008 billion forthright.
MPIC president Jose Ma. K. Lim had said the consortium will use $40 million on the AFCS venture.
"We will overhaul 44 stations over the line and we will destroy it year and a half. We won't charge the travelers a solitary centavo. The sum of the capex, we will recuperate this through the utilization of the cards in different spots like the accommodation store, transport and espresso joint," Lim said.
The AF Consortium's new savvy card ticketing framework will displace the existing attractive stripe framework. The new framework can likewise serve as an electronic micropayment result in normal installments, or as identifier for dedication plans, office access and area based administrations.
Ayala and MPIC are cooperating with MSI Global, a world-class rail, transport and retail installments supplier utilizing comparative innovation. It has executed comparable installment results around the world, including the EZ connection card in Singapore.
Under the task terms, the winning bidder will have the choice to extend the contactless card framework to different organizations good and done with the transportation part, for example, in retail transactions.
Like Hong Kong's "Octopus" card, the Philippine rendition might permit every day workers to utilize a solitary ticket when they ride the LRT Lines 1 and 2, and the MRT Line 3. The three rail administrations have a joined together ridership of a million a day.
One of the Aquino organization's open private association (PPP) ventures, the proposed tap-and-go framework, which the winning bidder will work for 10 years, will additionally improve passage gathering productivity by lessening spillage and misrepresentation.
Later on, the framework might be stretched to incorporate other transport modes, for example, transports, toll streets and the Philippine National Railways (PNR).
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