First Balfour president and COO Anthony Fernandez and LRMC president and CEO Rogelio Singson (front row, 2nd and 3rd from right) with First Balfour EVP Rey Villar (rightmost) and LRMC counsel Philip Ranada (leftmost) First Balfour has been awarded the P980-million Light Rail Transit (LRT) Line 1 structural rehabilitation project by Light Rail Manila Corporation (LRMC).
A two-year undertaking, the scope of works includes the restoration and repair of faulty concrete and structural defects along the river bridges spanning one of the busiest railways in Metro Manila.
First Balfour will also be working on the detailed design, installation and construction of parapets with noise-attenuating panels. The LRT Line 1 parapets, the low protective walls along the edge of the railway, were built in the 1980s and have shown wear and tear over the past years.
To date, the Line 1 structural rehabilitation project is the largest single contract awarded for the existing line.
Meanwhile, the company was recently recognized as one of the few Quadruple A contractors in the Philippine construction industry.
Issued by the Philippine Contractors Accreditation Board the implementing agency of the Construction Industry Association of the Philippines, the Quadruple A or AAAA category is currently the highest license given to construction firms that satisfy a certain set of requirements, including having a net worth of at least P1 billion.
The upgrade is proof of First Balfour’s capabilities to undertake big-ticket projects through the combination of its project management and engineering skills and financial strength. (Story/Photos by: Dolly Pasia)