DPWH Davao reports P40.5 million savings in its 2012 budget

Subscribe Now May 11, 2013 at 10:31am

The regional office of the Department of Public Works and Highways (DPWH) has reported savings of roughly P40.5 million from its 2012 infrastructure program allocation. Mariano R. Alquiza, regional director of the DPWH-11, said in his report, a copy of which was furnished to BusinessWorld, the savings were reallocated to fund eight projects, which were 85.5% completed as of April 15.

The Davao Oriental district office had the most savings with P17.82 million; followed by Davao City district office with P9.80 million; Davao del Norte with P9.56 million; Compostela Valley with P3 million; and Davao del Sur with P0.3 million.

He said the savings were the result of the government’s policy of judicious spending without compromising quality. He also cited the directive of DPWH Secretary Rogelio L. Singson to “implement and strictly adhere to open, transparent and competitive bidding system.”

Mr. Alquiza added that project selection and allocation of resources should be realistically based on the cost and benefit as well as its potential contribution to the national development goals.

Source: bworldonline.com

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