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(NAR) VOL. IV NO. 2 / JANUARY - APRIL 1993

[ DPWH DEPARTMENT ORDER NO. 34, s. 1993, February 26, 1993 ]

APPLICATION FOR CONTRACTOR’S FINAL PAYMENT RELEASE CERTIFICATE (BIR FORM NO. 2555) AS REQUISITE BEFORE FINAL PAYMENT OF WORK ACCOMPLISHED AND FINAL PAYMENT OF PRICE ESCALATION/ADJUSTMENT



In accordance with the Memorandum of Agreement (copy attached*) entered into between the Department of Finance and the Department of Public Works and Highways dated July 13, 1992 which provides
"3.     The DPWH shall require the presentation of a Tax Clearance from the BIR before final payment may be released to a contractor."
effective immediately, the presentation of a properly accomplished Application for Contractor’s Final Payment Release Certificate (BIR Form No. 2555) duly stamped by the receiving BIR Office concerned shall be required by this Department before final payment of work accomplished on all civil works contracts and final payment of price escalation thereof shall be made.

For this purpose, all concerned officials and employees of the Department are directed to require the contractor’s copy of the said Application for Contractor’s Final Payment Release Certificate as part of the supporting documents of the Disbursement Voucher before final payment of civil works contract and final payment of price escalation/adjustment thereof shall be made.

Adopted: 26 Feb. 1993

(Sgd.) EDMUNDO V. MIR, CESO I
Acting Secretary


* Text available at the Office of the National Administrative Register, U.P. Law Center, Diliman, Quezon City
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