Unliquidated fund transfers to implementing agencies
Department of Public Works and Highways · 2023
This summary was generated automatically from the source document and may contain errors. It is not an official interpretation and should not be relied upon as legal guidance. Review the original excerpt and source document to verify before citing or acting on it.
What Happened?
Category: Financial ManagementIssue: Non-complianceMoney given to other agencies to do projects was not accounted for, even after several years, which is against the rules and creates risk of misuse.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"i A. Introduction Creation and Mandate Under Executive Order (EO) No. 710 dated July 27, 1981, the existing Ministries of Public Works and Public Highways were abolished, and thereby, created the Ministry of Public Works and Highways for a more effective and sustained implementati on of infrastructure projects. By virtue of EO No. 124 dated January 30, 1987, the agency was renamed as the Department of Public Works and Highways (DPWH). DPWH functions as the engineering and construction arm of the Government tasked to continuously develop its technology for the purpose of ensuring the safety of all infrastructure facilities and securing for all public works and high ways the highest efficiency and quality in construction. It is currently responsible for the planning, design, construction and maintenance of infrastructure, es pecially the national highways, flood control and water resources development system, and other public works in accordance with national"