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SM Land, Inc. Vs. Bases Conversion Development Authority and Arnel Paciano D. Casanova, Esq., in his official capacity as President and CEO of BCDA [Dissenting Opinion J. Leonen]

SM LAND, INC., vs. BASES CONVERSION AND DEVELOPMENT AUTHORITY AND ARNEL PACIANO D. CASANOVA. [Dissenting Opinion J. Leonen]

G.R. No. 203655 | 2014-08-13

THIRD DIVISION
 
DISSENTING OPINION

LEONEN, J.:
 
SM Land, Inc. (SMLI) offered to pay the Bases Conversion and Development Authority (BCDA) P38,500.00 per square meter for the development of BCDA's· 33.1-hectare BNS/PMC/ASCOM/SSU properties in Fort Bonifacio.1

BCDA claimed that SMLI's offer would be "prejudicial to government's interest for ... it will not yield the best value for the govemment."2 BCDA estimates that it could get a minimum bid of P40,000.00 per square meter through public bidding.3

This case arose from BCDA's issuance of Supplemental Notice No. 05,4...