MWSS PRIVATIZATION
- Earlier Objectives
- Implementation Dsyfunction
- Action Undertaken And To Be Undertaken By Consumers And Other Stakeholders
- BH Status Observation
1) The principal objective of the MWSS Privatization is to HARNESS Private Capital in the delivery of water, sewerage and sanitation services , and subject to a certain constitutional limitation, likewise to harness some Foreign Investments. The enabling laws: R. A. 8041, EO 311 and EO 286 as well as the Concession Agreement/s have allowed the entry of Maynilad and Manila Water as MWSS Concessionaires subject to Water Rate Setting Mechanism by MWSS Regulatory Office. To compensate the Concessionaire/s and to make reference to the terms and conditions therewith, Concession Agreements/s were signed by MWSS that established for both Periodic Rate Rebasing System that aims to protect the interests of the Water Consumers and at the same time to effectively compute and allow Maynilad and Manila Water to recover their Capital Expenditures in their rehabilitation, infrastructure developments ,putting in place complete water distribution system as well· as an international standard sewerage and sanitation process and the like, and to include in it its related maintenance and operating expenses thereto that have been proven to be PRUDENTLY INCURRED AND HAVE BEEN SUBJECTED TO EFFICIENCY TESTS by the Regulatory Office . On these mandates , MWSS authorized the two (2) Concessionaires to put up water meters and to collect from water meter readings RATES ON WATER AND SEWERAGE SERVICES FEES AND OTHER ADD ONS based on a12% RETURN ON RATE BASE (RORB) Determinations as what have been allowed as basis for Water Charging to their customers.
