Philippine Heart Center

August 22, 2002 FIRB RESOLUTION NO. 005-02 SUBJECT : Philippine Heart Center WHEREAS, the Philippine Heart Center (PHC) provides specialized heart care services to a number of patients, most of whom are charity cases; WHEREAS, the operations of the PHC require the replacement of outdated equipment and continuing provisions of supplies and materials, most of which are not locally available or are not available in the quantity and/or quality required, thus prompting the PHC to import said items and in the process incur tax and duty liabilities thereon. WHEREAS, there is also a need to ensure that all importations covered by this tax subsidy grant will be used exclusively by the PHC in it operations and not for other purposes; NOW, THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to grant tax subsidy to the PHC in the amount of P14,909,573.20 only: representing taxes and duties on its 2002 importations of hospital supplies, materials and equipment per Annex A hereof: Provided, however, that (a) the initial issuance of the Certificate of Entitlement to Subsidy (CES) shall be limited to the amount of P11,653,224 only, representing taxes and duties due on 41 shipments with billings of the Bureau of Customs (BOC) that arrived from January 12, 2002 to June 27, 2002; and (b) the subsequent CES shall be issued upon the submission by the PHC to the FIRB to required billings and/or documents evidencing the importations: Provided, further, that the taxes and duties on two shipments that arrived in December 2001 which form part of the PHC's back accounts has been cleared with the Department of Budget and Management (DBM): Provided, furthermore, that all hospital supplies, materials and equipment for which tax subsidy is granted shall form part of the regular inventory of the PHC as certified to by the resident Commission on Audit (COA) auditor of the PHC: Provided, finally, that the grant of such tax subsidy shall be in accordance with the terms and conditions of Section 13 of the 2002 General Appropriations Act, subject to the availability of funds therefor, pursuant to the terms and conditions of the Rules and Regulations to Implement the Tax Subsidy Provisions Under Executive Order No. 93. aCcSDT (SGD.) NIEVES L. OSORIO Undersecretary of Finance Presiding Officer FIRB Reference: FIRB-Technical Committee Meeting dated August 9, 2002 FIRB Meeting dated August 21, 2002 PHILIPPINE HEART CENTER SCHEDULE OF IMPORTATION FOR CY 2002 ITEMS DESCRIPTIONS AMOUNT EST'D TAXES & DUTIES 1. One Hundred (100) pcs. Heart Valves $90,000.00 P614,601.00 2. Four Hundred Fifty (450) sets Membrane Oxygenators 333,540.00 2,278,078.20 3. Four Thousand Three Hundred (4,300) pcs. Blood Gas and Electrolytes Cartridge 114,100.00 779,303.00 4. Six Hundred (600) rolls Surgical Absorbent Cotton 15,240.00 104,089.20 5. Twelve (12) pcs. Internal Paddle 24,000.00 163,920.00 6. Four (4) units Humidifier Adoptor w/ accessories 6,328.00 43,220.24 7. Twelve (12) pcs. Units Gendron Stretcher Beds 42,000.00 286,860.00 8. One (1) unit Mobile Infant Warmer 3,275.00 22,368.25 9. Two (2) units Stress Test Machines 40,585.00 277,195.55 10. Thirty (30) pcs. Hillrom Medsung Comfortline Mattress 9,000.00 61,470.00 11. Six (6) units Varimed Examination Table 3,510.00 23,973.30 12. Two (2) units Acuson Sequoia Echocardiography System 480,000.00 3,278,400.00 13. Three (3) units Standmounted Surgical Pumps 6,900.00 47,127.00 14. One (1) unit Medication Cart 1,230.00 8,400.90 15. One (1) unit Four View Enhanced 4-channel Transcranial Doppler System 33,000.00 225,390.00 16. Four (4) units IPPB Machines (Pulmonary Ventilators) 8,724.24 59,586.56 17. Twenty (20) pcs. OR Instruments 3,000.00 20,490.00 18. Two (2) units Intra-Aortic Balloon Pumps 70,000.00 478,100.00 19. One (1) unit Cardiac Catherization Laboratory System 900,000.00 6,147,000.00 TOTAL P14,919,573.20