The Commission on Audit has called the attention of the Public-Private Partnership Center of the Philippines to collect some P845.8 million in receivables from national government agencies and government-owned and -controlled corporations for terminated PPP projects.
The center has receivables of P679 million from national government agencies and P116.8 million from GOCCs as of Dec. 31, 2017, CoA said.
CoA said the amount should be reimbursed to the PPPCP in full.
The receivables, sourced from the center’s Project Development and Monitoring Facility Funds, were released to enable national agencies and GOCCs to conduct feasibility studies on PPP projects.
CoA, however, said some projects covered by the funds were terminated while others were not pursued.
The commission said the departments of Transportation, Public Works and Health terminated 12 PPP projects, including the P205.8-million North-South/Integrated Luzon Railway Project, the P115.2-million Light Rail Transit Line 1 extension to Dasmariñas, Cavite and the P151.8-million Laguna lakeshore expressway dike project.