Delayed implementation of Foreign-Assisted Projects (FAPs)
Department of Public Works and Highways · 2023
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What Happened?
Category: Project ManagementIssue: Non-complianceMany large infrastructure projects funded by foreign loans were significantly delayed, causing cost increases, loan restructurings, and wasted loan commitment fees. The intended benefits for the public were not delivered on time.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Evaluation of the year-end project status reports relative to the implementation of Foreign-Assisted Projects (FAPs) of the DPWH disclosed that the Department was not able to efficiently implement 17 Official Development Assistance (ODA) - funded projects, c onsisting of 32 consultancy and civil works contracts with an aggregate contract cost of P84,411,319,510.12, as indicated by the reported year - end physical accomplishment with negative slippages ranging from 0.78 percent to 36.60 percent, increase in contract costs, and/or prolonged implementation period."