Suspended projects for calamity victims continue construction
National Housing Authority · 2024
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What Happened?
Category: ComplianceIssue: Non-complianceThe agency said some projects were suspended, but they are still being built, and the bonds are expired, which is risky.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Despite being classified as suspended in the RPPPAs, several projects for calamity victims in the Bicol Region continue to be under construction, prompting concerns regarding the veracity of management's reports and the validity of progress payments in accordance with NHA Memorandum dated August 21, 2024. Moreover, inactive or expired performance bonds expose the Authority to risks and violate the RIRR of RA No. 9184."