Payments Made Through Checks Instead of Required Direct Payment Schemes
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: Cash ManagementIssue: Non-complianceThe office paid contractors and creditors with checks rather than the required direct electronic payment method, violating rules and leaving millions of pesos in outstanding checks at the end of the year.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Payments to nine contractors for the 19 progress billings/final payments of infrastructure projects, aggregating P513,232,160.20, were still made through MDS checks instead of paying them through the Advice to Debit Account"