The Department of Transportation said Thursday it is terminating its contract with BF Corp. and Foresight Development and Surveying Co. (BFC-FDSC), a company founded by the late Marikina Mayor Bayani Fernando, for the Unified Grand Central Station (Common Station) project, citing prolonged and unacceptable delays.
DOTr Secretary Vince Dizon said the “unacceptable delay” has left construction progress idle for more than a year.
Dizon said the DOTr’s legal team is finalizing the contract termination. “Our legal team is studying the final termination of the contract so that we can move on and finally finish this project,” Dizon said.
“The delay is unacceptable. This project should by now have been completed and people have already benefited from it,” he said.
The DOTr said it is seeking options under the Government Procurement Act or the Public-Private Partnership Code to expedite construction.
Dizon said BFC-FDSC might face penalties and liquidated damages for failing to honor the agreement.