Suspended Acquisition of Governmental Funds for Modernization and Improvement of Buildings
Letter of Instructions No. 1198, issued on February 24, 1982, mandates that all heads of ministries and government-owned or controlled corporations in the Philippines suspend expenditures related to building improvements, acquisitions, and renovations due to a retrenchment policy on governmental funds. They are required to submit detailed reports of their expenditures for construction and related activities to the Office of the President within one month. If any expenditures were made without following the public bidding process mandated by law, a written explanation must accompany the report. This directive aims to ensure fiscal responsibility and adherence to legal protocols in government spending.
Law Information
- Reference Number
- Letter of Instructions No. 1198
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 24, 1982
LETTER OF INSTRUCTIONS NO. 1198
| TO | : | All Heads of Ministries |
| All Heads of Government-Owned or Controlled Corporations |
In view of the retrenchment policy in the expenditure of governmental funds for buildings, the improvement of buildings, as well as acquisition of furniture and equipment or remodelling and repairs, supposedly for modernization and improvement, will be suspended immediately by such government-owned or controlled corporations. cd i
All such corporations will submit to the Office of the President the detailed expenditures of their funds for the construction, repair, improvement, rehabilitation, modernization of their buildings, offices or other construction and acquisition of furniture and equipment within one month from receipt of this instructions.
In the event that these expenditures were incurred without public bidding as provided by law, a written explanation should accompany such presentation.
Manila, February 24, 1982
Cite This Law
Suspended Acquisition of Governmental Funds for Modernization and Improvement of Buildings, Letter of Instructions No. 1198, Feb 24, 1982 (Philippines)
Suspended Acquisition of Governmental Funds for Modernization and Improvement of Buildings, Letter of Instructions No. 1198 (Phil. 1982)
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