(NAR) VOL. 1 NO.4 / OCTOBER - DECEMBER 1990
In view of the rescission by the Regional Director on August 28, 1990
of the contract of J-Jay Builders Inc. for the restoration of
Nabua-Balatan Road, km. 487 + 000 Km. 490 + 000, Camarines Sur II,
because of unreasonable delay and lack of interest to prosecute the
project, the said J-Jay Builders Inc. and its officers and/or
stockholders are hereby suspended/blacklisted from participating in any
bidding or entering into any contract with the Department and its line
agencies for a period of one (1) year from date of rescission.
In addition all concerned, are ordered not to release any sum of
money to J-Jay Builders Inc. pending settlement of its financial
obligations in connection with its rescinded contract without prior
clearance from this Office.
For strict compliance.
Adopted: 15 Oct. 1990
(SGD.) FIORELLO R. ESTUAR
Secretary