Government of the Philippines has invited local and international contractors, to propose an international airport in the Municipality of Bulacan, Province of Bulacan, via a concession period of 50 years. The proposed airport shall consist of air passenger terminal facilities with an ultimate design capacity of 100 million annual passengers (MAP) and an ultimate configuration of four (4) parallel runways. Your company HSR Mega Corp Holdings Bhd (HSRMCHB) has decided to participate in this bidding. As appointed General Manager of Contract and Procurement of HSRMCHB, you are required to propose the SUITABLE procurement methods to adopt for this bidding. Then briefly, explain the selected procurement method and justify FOUR (4) advantages of those selections to your superior.

While developing a procurement strategy, an organization should ensure to balance risk against the project objectives at the early stage possible. Discuss THREE (3) key criteria with an appropriate example that needs to be considered.

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