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COA flags Lapu-Lapu City's P11.2M supplier deductions as unauthorized
Philippine Daily InquirerPhilippines · ASIA
LAPU-LAPU CITY, Cebu— The Commission on Audit (COA) described the 1 percent, or 1 percent of 70 percent of the project cost, deduction imposed on Lapu-Lapu City’s payments to suppliers and contractors...
LAPU-LAPU CITY, Cebu— The Commission on Audit (COA) described the 1 percent, or 1 percent of 70 percent of the project cost, deduction imposed on Lapu-Lapu City’s payments to suppliers and contractors as an unauthorized imposition. Based on COA’s observation report, the city withheld a total of P11,193,867.82 in 2025 from 166 suppliers and contractors. According to COA, based on its discussion with the City Accountant, payments to suppliers and contractors whose principal office or place of business is within the city were deducted 1 percent, while those whose principal office or place of business is outside the city were deducted […]...
Keep on reading: COA flags Lapu-Lapu City's P11.2M supplier deductions as unauthorized
Keep on reading: COA flags Lapu-Lapu City's P11.2M supplier deductions as unauthorized