TOURISM INVESTMENTS SAN FABIAN BAGONG LIPUNAN LODGE (sfbll) & PRESIDENTIAL REST HOUSE (sfprh) Bolasi, San Fabian, , Region I, Philippines

APPROXIMATE AREA DESCRIPTION SFBLL 55,080 sqm • The San Fabian PTA Beach Resort are beach SFPRH 38,165 sqm front properties along the coast of Gulf. • SFPRH is classified as a “Class AA Resort”. Both properties are collectively known as San Fabian PTA Beach Resort. • SFBLL has been non-operational since 2006. TOURISM STRENGTH ACCESSIBILITY • The Beach Resort is a known beach destination in • Ninoy Aquino International Airport (NAIA) Luzon particularly in Regions I, II and the Cordillera to San Fabian PTA Beach Resort Autonomous Region. • The Municipality of San Fabian is one of the coastal towns surrounding the gentle sloping beach of Manila Lingayen Gulf. • Nearby tourist destinations include the Shrine of , a religious site which SAN FABIAN devotees, pilgrims and tourists visit all year long, PTA BEACH RESORT Baguio City, the summer capital of the Philippines and San Juan, , the Surfing Capital of Northern Philippines. From NAIA to San Fabian PTA Beach Resort, it is EXISTING INFRASTRUCTURE approximately 4 hours by private vehicle • One storey accommodation • Restaurant • Pavilion NAIA • Swimming pool • Picnic sheds

MODE OF PUBLIC-PRIVATE COOPERATION Joint Venture

Destination Profile

Province: Pangasinan Population: 2,956,726 Source: Philippine Statistics Authority, 2015 Regional Workforce Major Industries: Agriculture, Fisheries Workforce Population : 3,520,000 Labor Force Participation Rate : 61.7% Tourist Arrivals: 659,242 Employment Rate : 93.2 % Source: Department of Tourism-Tourism Demand Statistics, 2018 Source: Philippine Statistics Authority Annual Labor and Employment Estimates, 2018

Infrastructure and Utilities:

Airport Seaport Road Power Water Telecom Internet Network JOINT VENTURE GUIDELINES In recognition of the intergral role of Public andTOURISM Private Partnership,INVESTMENTS TIEZA is implementing the Public-Private Cooperation Program, through the Management Contract or TIEZA Joint Venture guidelines, for selected TIEZA properties and Tourism Enterprise Zone (TEZ) projects. PHILIPPINES

On 29 August 2019, the TIEZA Board of Directors approved the Joint Venture Guidelines (JVG) pursuant to the O ce of the Government Corporate Counsel’s (OGCC) a rmation of TIEZA’S power and authority to prepare its own guidelines for joint venture, management contract and disposition of its assets. Through these modes or arrangement, we can secure more private sector support in financing, managing and operating the properties. SELECTION PROCESSES

COMPETITIVE CHALLENGE

NEGOTIATED • Unsolicited Proposal COMPETITIVE SELECTION JOINT VENTURE • Other Circumstances Providing (NJV) For Direct Negotiations • Solicited Proposal JOINT DIRECT NEGOTIATION VENTURE • Two Failed Competitive BID Selections/ Biddings

Schedules and Timelines: The JV Selection Committee shall have the authority to adopt and prescribe the appropriate and reasonable schedules and timeliness for each Private Sector Proponent selection process. The adjusted period shall be indicated in the Eligibility Documents Kit and in the Terms of Reference. COMPETITIVE SELECTION 1 2 3 4 5 6 7 PROJECT TENDER PUBLICATION/ PRE-QUALIFICATION BID PROPER CONTRACT AWARD PREPARATION DOCUMENT POSTING & SIGNING Feasibility Study/ Preparation of Eligibility Issuance of Instructions •Receipt of Initial •Receipt and Opening •Post-qualification COMMENCEMENT Business Plan, Documents Kit, and Tender Documents Documents of Bids •Award of Contract OF Best Use Study/ Terms of Reference, •Conduct of Pre-Bid •Posting of Proposal •Ratification of the IMPLEMENTATION Master Plan Information Memorandum, Conferences Securities Contract by the Draft Contract, Technical & •Eligibility Screening of •Evaluation of Bids TIEZA Board Financial Forms, etc. Prospective Bidders

NEGOTIATED JOINT VENTURE THROUGH COMPETITIVE CHALLENGE 1 2 3 4 5 6 7 RECEIPT OF INITIAL EVALUATION CONFERMENT OF COMPETITIVE AWARD OF CONTRACT COMPLETE PROPOSAL ORIGINAL PROPONENT CHALLENGE STATUS (OPS) •Letter of Intent • Completeness Check CONDUCT Joint Certification that •Receipt of Proposal •Post-qualification COMMENCEMENT •Company Profile • Acceptance of Proposal OF parties agree on the Security from Original •Award of Contract OF •Business Case, to Negotiate NEGOTIATION components and Proponent Status •Ratification of the IMPLEMENTATION Concept Plan, parameters of JV activity •Procedure shall be Contract by the Pre-Feasibility Study and to submit the guided by JVG on TIEZA Board or Feasibility Study proposal to competitive Competitive Selection •Draft Contract/ challenge. •Evaluation of Bids Term Sheet •Right to Outbid * Requirements for a Complete Unsolicited Proposal BUSINESS CASE CONCEPT LETTER OF INTENT COMPANY PROFILE PLAN/PRE-FS/FS OTHER •Description of the Proposed Project •Articles of Incorporation, By-laws, •Project Background/Description of the DRAFT DOCUMENTS including Rationale and Objectives Security and Exchange Commission Project •Land Area and Location of the (SEC) Certificate of Incorporation and •Technical Study CONTRACT / AS MAY BE Proposed Development Other Documents Issued by SEC or •Financial Viability Assessment TERM SHEET •Project Implementation Schedule Equivalent Documents From the •Economic Viability Assessment REQUIRED •General Description of New Concept Country of incorporation •Value for Money Analysis BY TIEZA and Other General Information •Latest General Information Sheet •Risk Allocation Matrix •Latest Tax Returns •Initial Environmental Assessment

MULTI-STAGE EVALUATION PROCESS CRITERIA FOR EVALUATION X%+Y%+Z%=100% COMPLIANCE OF TECHNICAL EVALUATION RATING INITIAL REQUIREMENTS Technical Proposal – Must be complete and TRACK RECORD Submission of Initial Required Documents hurdle minimum score AND EXPERIENCE TECHNICAL CRITERIA (y%) FINANCIAL CRITERIA (z%) (x%)

•Based on •Market Study •Committed Capital COMPLIANCE WITH FINANCIAL EVALUATION RATING submittals •Marketing and Operations •Annual Fixed Revenue ELIGIBILITY REQUIREMENTS Financial Proposal – Must meet minimum parameters; required in the •Proposed Investment (with escalation--- rate & frequency) Submission of Eligibility Documents Highest Financial Bid merits maximum Eligibility Kit •Community Relations •Committed % Share in Gross Revenue possible score assigned •Environmental Sustainability •% Share in Rental Revenue

TOURISM INFRASTRUCTURE AND ENTERPRISE ZONE AUTHORITY (+632) 259-5900 - 79 6th & 7th Floor Tower 1 Double Dragon Plaza, Double Dragon Meridian Park, Macapagal Avenue corner EDSA Extension, 1302, Bay Area, Pasay City, Philippines [email protected] www.tieza.gov.ph @TIEZAo cial