THE Ninoy Aquino International Airport (NAIA) said that the group that is led by diversified conglomerate San Miguel Corp. (SMC) emerged as the highest bid among the three qualified bidders for the operations and maintenance of the airport.

According to NAIA, the three qualified bidders are said to be compliant, after they made an evaluation of their technical proposals submitted last month.

They are identified as the Manila International Airport Consortium, GMR Airports Consortium, and SMC-SAP & Company Consortium.

They also said that of the three, SMC-SAP & Company Consortium submitted the highest bid amount percentage of 82.16%.

This was followed by the GMR Airports Consortium, which offered 33.30%.

The Manila International Airport Consortium has the lowest bid amount percentage of 25.9%.

The Department of Transportation (DOTr) had said that the bidder that offers the biggest share of their revenue from managing NAIA would win the project.

The concession agreement indicated a P2-billion annuity payment.