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BOT Center

The Philippine BOT Law

R.A. 7718

and its Implementing

Rules & Regulations

REPUBLIC ACT NO. 7718

(THE PHILIPPINE BOT LAW)AND ITS

IMPLEMENTING RULES& REGULATIONS

TABLE OF CONTENTS

I. REPUBLIC ACT NO. 7718 Page

Section 1 Declaration of Policy 1Section 2 De

ﬁ

nition of Terms 1Section 3 Private Initiative in Infrastructure 4Section 4 Priority Projects 4Section 4 - A Unsolicited Proposals 5Section 5 Public Bidding of Projects 5Section 5 - A Direct Negotiation of Contract 6Section 6 Repayment Scheme 6Section 7 Contract Termination 7Section 8 Regulatory Boards 7Section 9 Project Supervision 7Section 10 Investment Incentives 7Section 11 Implementing Rules and Regulations 7Section 12 Coordination and Monitoring 8Section 13 Renumbered Section 11 of R.A. No. 6957 7Section 14 Renumbered Section 12 of R.A. No. 6957 8Section 15 Renumbered Section 13 of R.A. No. 6957 8Section 16 Repealing Clause 8Section 17 Separability Clause 8Section 18 Effectivity Clause 8

II. IMPLEMENTING RULES AND REGULATIONS

Introduction 11

Rule 1 Preliminary Provisions 11

Section 1.1 Policy 11Section 1.2 Coverage 11Section 1.3 De

ﬁ

nition of Terms 11

Rule 2 General Provisions 16

Section 2.1 Authorized Contracting Government Agencies/Units 16Section 2.2 Eligible Types of Projects 16Section 2.3 List of Priority Projects 17Section 2.4 Publication and Notice 17Section 2.5 Registration of Project Proponents 17