C5-MRT 10 Project

The Project involves the design, building, operating, and maintaining the approximately 22.5-km mostly elevated Light Railway Transit (LRT) System consisting of sixteen (16) stations along circumferential road C-5 connecting the Ninoy Aquino Terminal Airport (NAIA) Terminal 3 to Quezon City, terminating at Commonwealth Avenue. The Project will be implemented on the **Build-Transfer-Operate and Maintain (BTOM)** concept under the BOT Law (RA 6957) and its Revised IRR of October 2022 and PPP Code and its IRR of 2023. * The private sector shall finance, design, build, and supply the system. It shall immediately transfer the legal title over the assets to the Grantor upon its completion. * In exchange for the transfer of ownership over the project assets, the Grantor shall pay the proponent in the form of Availability Payment. * During the concession period, the proponent will be authorized to collect fares which will be shared with the government as provided in the Concession Agreement