Non-Compliance with Competitive Bidding Requirements for Housing Contracts
National Housing Authority · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe NHA used a method called CBIA to build houses, but this method is not allowed for them. As a result, most of their housing contracts were not awarded through a public bidding process, which is required by law.
Why It Matters
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Original Audit Finding Excerpt
"The housing production of NHA supposedly as financer through Community Based Initiative Approach (CBIA) is considered outside of its mandate, resulting in most of their housing contracts not coursed through competitive public bidding, contrary to the provisions of EO No. 423 dated April 30, 2005"