The Santa Cruz (Laguna) Water District (SCWD), created pursuant to Presidential Decree No. 198, as amended, otherwise known as the Provincial Water Utilities Act of 1973, received an unsolicited proposal from the Original Proponent for the Joint Venture Agreement for the Financing, Development, Rehabilitation, Expansion, Improvement, Operation and Maintenance of the Water Supply and Septage System of the Santa Cruz (Laguna) Water District.

Pursuant to the 2013 Guidelines issued by the National Economic Development Authority under Section 8 of Executive Order No. 423 dated 30 April 2005, negotiations ensued between SCWD and Original Proponent to form an Unincorporated Joint Venture to undertake the JV Project.

For more details, see this link.