5 months COA wants delayed P20.7B contracts for NIA projects rescinded MB
By Ben Rosario The Commission on Audit (COA) has sought the termination of contracts and forfeiture of contractor’s performance bonds for majority of 299 irrigation projects of the National Irrigation Administration (NIA) with a total budget of P20.704 billion. Included in the 299 contracts are 72 on-going contracts worth P13.993 billion but this early have incurred negative slippages ranging from .11 percent to 87.84 percent.  The projects were for irrigation systems in Regions V, IX and Central Office. COA made the recommendation as state auditors called for the immediate imposition of liquidated damages on contractors assigned to implement 44 NIA ... more