State-run Bases Conversion and Development Authority said it will hold a bidding for the block sale of 4,714 memorial lots and properties at Heritage Park in Taguig City.
Heritage Park is located along C-5 in Fort Bonifacio, Taguig and is considered as the country’s premier memorial park.
“We are inviting interested firms to participate in the public tender of the said lots and properties,” BCDA president and chief executive Arnel Paciano Casanova said.
Casanova said the public tender of the lots and properties would be on an “as-is, where-is” basis via cash sale mode.
Casanova said the minimum acceptable bid price for the Heritage Park investment certificates was P430 million, inclusive of value added tax.
BCDA said of the 4,714 lots and properties, 3,580 were small plots including estate lots, walled estate lots, garden lots, single columbary niches, and companion columbary niches.
BCDA asset disposition program chairman Tomas Macrohon said interested bidders could purchase the terms of reference for a non-refundable fee of P50,000 at the BCDA Corporate Center.
A pre-bid conference will be held on May 8, 2015 to discuss the salient features and requirements of the TOR as well as queries from interest bidders.