Submission to the President for Approval of All Contracts Involving P2 Million and Above
Letter of Instructions No. 620, issued on October 25, 1977, mandates that all contracts valued at two million pesos (P2,000,000.00) and above, awarded by national government offices and agencies, must receive approval from the President of the Philippines. Contracts executed without this necessary approval will be rendered null and void. The directive also repeals or modifies any conflicting orders, rules, or regulations. This instruction aims to ensure accountability and oversight in government contracting.
Law Information
- Reference Number
- Letter of Instructions No. 620
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 25, 1977
LETTER OF INSTRUCTIONS NO. 620
| TO | : | All Heads of Departments, Bureaus, Offices, Agencies, and Instrumentalities of the National Government, Including Government-Owned or Controlled Corporations |
| All Concerned |
Effective immediately, all contracts of national government offices, agencies, and instrumentalities, including government-owned or controlled corporations, involving two million pesos (P2,000,000.00) and above, awarded through public bidding or by negotiation, shall be subject to the approval of the President of the Philippines.
Any such contracts entered into without the approval required herein shall be null and void and of no force and effect.
All orders, rules and regulations inconsistent with this instructions are hereby repealed or modified accordingly.
DONE in the City of Manila, this 25th day of October, in the year of Our Lord, Nineteen Hundred and Seventy-Seven.
Cite This Law
Submission to the President for Approval of All Contracts Involving P2 Million and Above, Letter of Instructions No. 620, Oct 25, 1977 (Philippines)
Submission to the President for Approval of All Contracts Involving P2 Million and Above, Letter of Instructions No. 620 (Phil. 1977)
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