Unfinished projects with significant financial exposure
Department of Public Works and Highways · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThere are still 7 projects that are not finished, with a combined cost of over 321 million pesos. That is a lot of public money tied up in work that should have been completed.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"As to date, seven (7) projects with an aggregate cost of Three Hundred Twenty One Million Seventy Five Thousand One Hundred Fifty Five and 14/100 Pesos (P321,075,155.14) remains not yet completed."