The agency did not recover advance payments made to contractors even after projects were completed or terminated, risking loss of government funds because some contractors cannot be located and their bonds have expired.

Why It Matters

Recommended Actions

• Require the Regional/Sector/District Managers concerned to facilitate the issuance of Certificates of Completion on completed projects and submit them to the AD so that the payables to the contractors can be recorded, net of advances to be fully recouped;

Original Audit Finding Excerpt

"Ref. Audit Observations Audit Recommendations Agency Action Plan Action Plan Person/Dept. Responsibie From Date Target Implementation To Status of Implementation Reason for Partial/Delay/ Non- Implementation, if applicable Action Taken/Action to be Taken a. Ensure full coordination with the concerned = government agencies, particularly the LGUs and DENR to address and resolve the issues/problems contributing to the delayed construction/completion, and to promote effective and more synchronized planning and implementation of projects; the submission of the following on or before October 15, 2022: 3.a, Review/reassess the number of units to be developed/construction 3.6. Maximize and work within the remaining approved budget allocated to their respective Regional Offices: - Reduce/descale the number of units to be developed/construction - Refrain from starting new projects = and repackaging —_ projects which are already terminated and/or with still remaining works which"

Source Document