The Philippines has invited bids for the contract to operate the Subic-Clark-Tarlac toll road, the country’s longest expressway.

The 93.77km road, built by the Bases Conversion and Development Authority (BCDA) links major economic zones in the country’s Central Luzon region.

The BCDA said that the selected firm will be expected to handle management services, toll collection, traffic safety, security management, toll road maintenance and related support services.

The agency will offer the minimum lease to two price points, either 20% of gross toll sales or a fee equal to the loan payments due to Japan Bank International, which funded the road’s construction.