Unremitted GSIS premiums/contributions
Department of Public Works and Highways · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe agency has not fully settled its employees' GSIS contributions and is still reconciling old unpaid amounts.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"332 Observations and Recommendations Reference Management Action Auditor’s Results of Validation infrastructure projects to conform with the terms and specifications provided for in the contracts; otherwise, forfeit the performance securities of the defaulting contractors, and consider them for blacklisting, if warranted; and 90. Direct the Inspectorate Teams to conduct regular an d periodic monitoring and supervision to ensure that all projects are implemented/executed in accordance with the approved program of works of the contracts. 91. We also recommended and Management of Lanao del Norte 1 st DEO and Sorsogon 1 st DEO agreed to co nduct rectification and rehabilitation of roads, bridges and asphalt pavements with noted technical defects, and ensure proper and effective planning and design study in constructing/implementing roads and bridges projects suitable to actual condition of t he project sites to minimize repeated retrofitting of bridges"