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MANILA, Philippines – Batangas Electric Cooperative II (Batelec II) has approved the planned public bidding to select a private sector partner as it seeks to strengthen its distribution operations.
In a statement, the electric cooperative said its board of directors unanimously approved the use of a competitive selection process (CSP) as the framework for evaluating prospective private sector partners, marking the first step before any commercial negotiations begin.
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The board also directed its Technical Working Group to prepare the terms of reference (TOR) that will govern the bidding process, including the eligibility requirements and evaluation criteria for proponents.
