BFS and Meralco in discussions to assist BFS-certified buyers

BFS has taken positive steps towards improving the quality of its property management and after-sales services by holding talks with Meralco for the adoption of standard energy application requirements and procedures for BFS-certified buyers. BFS initiated the discussions with Meralco to assist buyers who have difficulty securing electricity for their newly bought homes. Another value added service being discussed with Meralco is the pre-processing program which will allow BFS to initiate bulk energy applications of properties in its sales inventory that can be activated subsequently by a BFS-certified buyer. This will greatly improve the turn-around time for processing energy applications and minimizing the documentary requirements for buyer-applicants. These combined strategies are novel but appealing for being procedurally efficient, sustainable and client friendly. Meralco’s Legal Services supports the proposal, which could pave the way for a formal cooperation between Meralco and BFS soon. PMU is at the forefront of this project with support from Legal, CCD, and CUAD.