(NAR) VOL. 1 NO.3 / JANUARY - MARCH 1990
In view of the rescission of the contract of AD CONSTRUCTION for the
construction of Catubig-Las Navas Feeder Road, SIRDP, Northern Samar,
for reason of highly intolerable negative slippage, the said company and
its owner are hereby suspended for a period of one (1) year effective
immediately from participating in any bidding or entering into contract
with this Department or any of its line agencies.
All those concerned are likewise directed not to release any money to
the aforenamed company until its financial obligations of liabilities
to the government as a consequence of the rescission order has been
fully settled.
For strict compliance.
Adopted: 2 Aug. 1990
(SGD.) FIORELLO R. ESTUAR
Secretary