Spending for a road project vastly exceeded the funds received from DPWH, resulting in a negative billion-peso balance and improper borrowing from corporate funds.

Why It Matters

Recommended Actions

• Revert to Corporate Receipts the funds used for the C5 Northern Link Road Project
• And

Original Audit Finding Excerpt

"108 AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION RESULTS OF COA VALIDATION Ref. Audit Observations Audit Recommendations Agency Action Plan Status of Implementati on Reason for Partial/Delay / Non- Implementation, if applicable Action Taken/Action to be Taken Date of Follow- up Status of Implemen- tation Actual Implementation Date Remarks Action Plan Person /Dept. Responsible Target Implementation Date From To From To and/or acceptance has already been conducted on 15 out of 35 Yolanda projects. The contractor has been formally notified to rectify and correct any identified housing construction defects immediately following the final inspection and findings as per the Construction Performance Evaluation System (CPES). Continuous monitoring will be conducted to ensure that the contractor promptly addresses and resolves all construction defects identified during the CPES final inspection. As of June"

Source Document