Overpayment recovered through deduction from final retention
Department of Public Works and Highways · 2023
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What Happened?
Category: Contract ManagementIssue: OverpaymentA contractor owed P51,525.25 because of a change order. The amount was taken out of the money owed to the contractor at the end of the project.
Why It Matters
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Original Audit Finding Excerpt
"Page 391 of 508 AGENCY ACTION PLAN AND STATUS OF IMPLEMENTATION Ref. Audit Observation Audit Recommendation Agency Action Plan Status of Implementation Reason for Partial/ Delayed/ Non- Implementation, if applicable Action Taken/ Action to be Taken Action Plan Person/Dept. Responsible Target Implementation Date From To Bacolod City DEO Benguet 1st DEO June 2024 August 2024 Bacolod-Fully Implemented Fully Implemented unretrieved steels. JEV Nos. are as follows: JEV-2024-05-002635 JEV-2024-07-003684 Payment of overtime pay services for FY 2023 was inappropriately charged against the EAO funds. Justification letter was submitted to the Office of the Resident Auditor. Moreover, JEV No. 2024-08-004605 dated August 27, 2024 was made to recognize the payment of employees on the Overtime Pay. Ben"