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Memorandum of Agreement

This memorandum of agreement is between the Provincial Government of Bukidnon and the Barangay Government of Barangay Cawayan, Quezon, Bukidnon regarding a financial assistance project. The provincial government agrees to provide 1 million pesos in funding to the barangay government for projects including construction of a water system and multi-purpose buildings. The roles and responsibilities include the provincial government releasing funds, monitoring implementation, and the barangay government acknowledging receipt of funds and being responsible for undertaking the projects.

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0% found this document useful (0 votes)
372 views5 pages

Memorandum of Agreement

This memorandum of agreement is between the Provincial Government of Bukidnon and the Barangay Government of Barangay Cawayan, Quezon, Bukidnon regarding a financial assistance project. The provincial government agrees to provide 1 million pesos in funding to the barangay government for projects including construction of a water system and multi-purpose buildings. The roles and responsibilities include the provincial government releasing funds, monitoring implementation, and the barangay government acknowledging receipt of funds and being responsible for undertaking the projects.

Uploaded by

Jenny Nacua
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 5

ROY N.

NIONES, CE MEMORANDUM OF AGREEMENT


Municipal Engineer

Know all men by these presents:

This Memorandum of Agreement made and executed this _____day of


________ 2021, at Capitol Compound, Malaybalay City, by and between:

The PROVINCIAL GOVERNMENT OF BUKIDNON, a Local


Government Unit, created and existing by virtue of the laws of the Republic of
LEO V. SAJULGA

the Philippines, with principal office at Capitol Building, Capitol Compound,


Barangay Treasurer

Malaybalay City, represented by HON. JOSE MA. R. ZUBIRI, JR. in his


capacity as the Provincial Governor, this province, hereinafter referred to as
PGB.
-and-
The BARANGAY GOVERNMENT OF BARANGAY CAWAYAN,
QUEZON, BUKIDNON, a Local Government Unit, created and existing under
the laws of the Republic of the Philippines, with principal office address at
Provincial Accountant
RICHEL R. OKIT, CPA

Barangay Cawayan, Quezon, Bukidnon represented herein by Hon. Fedireco


H. Ubanan, Punong Barangay, referred to as the LGU – Barangay Cawayan,
Quezon, Bukidnon.

WITNESSETH
WHEREAS, in line with the National Policy of the State and in pursuance
MARILOU S. BUENO, CPA

to R.A 7160, otherwise known as the Local Government Code of 1991, the
Provincial Treasurer

Provincial Government of Bukidnon is committed to implement the provisions of


law, thus, extends its resources by way of financial assistance to LGU’s to
ensure the expeditious delivery of basic services and facilities for projects
commonly beneficial to the people of the Province of Bukidnon;
WHEREAS, the Barangay Government of Barangay Cawayan, Quezon,
Bukidnon passed a Resolution requesting the approval of the Provincial
Government of Bukidnon through the Hon. Provincial Governor Jose Ma. R.
Zubiri, Jr. to allocate funds by way of financial assistance in the amount of One
Million Pesos (Php 1,000,000.00) for the following project/s;
ALBERT D. YULO
Provincial Engineer

1 Construction of Water System 500,000.00


2 Construction of Multi-Purpose Building @ Purok Mabuhay 100,000.00
3 Construction of Multi-Purpose Building @ Purok Thru-Cut 100,000.00
4 Construction of Multi-Purpose Building @ Purok Dangkias 100,000.00
5 Construction of Multi-Purpose Building @ Purok Manay 100,000.00
6 Construction of Multi-Purpose Building @ Purok Madasigon 100,000.00
TOTAL 1,000,000.00
OSE MA. R. ZUBIRI, JR. FEDIRECO H. UBANAN
Punong Barangay

1
cial Governor
ROY N. NIONES, CE
WHEREAS, the amount of One Million Pesos (Php 1,000,000.00) is in line with
Municipal Engineer the plans, programs, and activities of the Provincial Government of Bukidnon
under the leadership of Hon. Jose Ma. R. Zubiri, Jr., wherein the:

1 Construction of Water System 500,000.00


2 Construction of Multi-Purpose Building @ Purok Mabuhay 100,000.00
3 Construction of Multi-Purpose Building @ Purok Thru-Cut 100,000.00
4 Construction of Multi-Purpose Building @ Purok Dangkias 100,000.00
5 Construction of Multi-Purpose Building @ Purok Manay 100,000.00
Construction of Multi-Purpose Building @ Purok 100,000.00
6
Barangay Treasurer

Madasigon
LEO V. SAJULGA

TOTAL 1,000,000.00

All for Barangay Government of Barangay Cawayan, Quezon,Bukidnon


is/are considered as one of the priority projects of the
______________________ of the province, which is intended primarily to
service the needs of the residents of the Barangay;
Provincial Accountant

WHEREAS, the Province of Bukidnon, consistent with the provisions of


RICHEL R. OKIT, CPA

the Local Government Code, is committed to allocate the said funds by way of
financial assistance for the said purpose to be undertaken by the Barangay
Government of Barangay Cawayan, Quezon,Bukidnon subject to the following
terms and conditions as herein provided;
NOW, THEREFORE, for and in consideration of the foregoing premises
and of the mutual covenant and stipulation hereinafter set forth, both parties
agree as follows:
MARILOU S. BUENO, CPA
Provincial Treasurer

I. ROLES and RESPONSIBILITIES

A. The PROVINCIAL GOVERNMENT OF BUKIDNON (PGB) SHALL:

1. Allocate funds in the amount of One Million Pesos (Php 1,000,000.00) to


the Barangay Government of Barangay Cawayan, Quezon, Bukidnon by
way of financial assistance for the:
ALBERT D. YULO
Provincial Engineer

1 Construction of Water System 500,000.00


2 Construction of Multi-Purpose Building @ Purok Mabuhay 100,000.00
3 Construction of Multi-Purpose Building @ Purok Thru-Cut 100,000.00
4 Construction of Multi-Purpose Building @ Purok Dangkias 100,000.00
5 Construction of Multi-Purpose Building @ Purok Manay 100,000.00
6 Construction of Multi-Purpose Building @ Purok Madasigon 100,000.00
TOTAL 1,000,000.00

2. Release the One Million Pesos (Php 1,000,000.00) in the name of


Barangay Government of Barangay Cawayan, Quezon, Bukidnon subject to
FEDIRECO H. UBANAN

the usual government accounting and auditing rules and regulations.


Punong Barangay

3. Closely monitor the implementation of the project thru the Monitoring


team of the Province and to make sure that scope of works is in
accordance to the specifications of the Individual Program of Works as
prepared by the Municipal Engineer’s Office/Provincial Government of
Bukidnon;
E MA. R. ZUBIRI, JR.

2
ial Governor
ROY N. NIONES, CE
Municipal Engineer B. The BARANGAY GOVERNMENT OF BARANGAY CAWAYAN,
QUEZON,BUKIDNON SHALL:

1. Acknowledge receipt of the Financial Assistance in the amount of One


Million Pesos (Php 1,000,000.00) and issue corresponding
acknowledgement receipt to the Provincial Government of Bukidnon;

2. Be responsible to undertake the implementation of the project upon


Barangay Treasurer
LEO V. SAJULGA

receipt of the P 1,000,000.00 financial assistance from the Provincial


Government of Bukidnon, which is intended solely for the:

1 Construction of Water System 500,000.00


2 Construction of Multi-Purpose Building @ Purok Mabuhay 100,000.00
3 Construction of Multi-Purpose Building @ Purok Thru-Cut 100,000.00
4 Construction of Multi-Purpose Building @ Purok Dangkias 100,000.00
5 Construction of Multi-Purpose Building @ Purok Manay 100,000.00
Provincial Accountant
RICHEL R. OKIT, CPA

6 Construction of Multi-Purpose Building @ Purok Madasigon 100,000.00


TOTAL 1,000,000.00

1. Submit to the Provincial Government of Bukidnon (PGB) any necessary


and/or as required by the PGB the monthly physical accomplishment report
of the project through the Monitoring Team of the Province in order to
evaluate the progress of its implementation;
MARILOU S. BUENO, CPA
Provincial Treasurer

2. Responsible for the liquidation of funds granted, upon completion of each


activity/project/event for the said purpose as required under COA Circular
2016-005 dated December 19, 2016 and COA Circular 2012-001 dated
June 14, 2012;

3. Responsible/Accountable to return any amount not utilized to complete the


project including interest, if any; and

4. Upon completion of the aforementioned projects, to facilitate the


ALBERT D. YULO

execution of a Deed of Donation in their favor thru the Provincial


Provincial Engineer

Monitoring Office.

C. TRANSFER OF OWNERSHIP – Upon completion of the


aforementioned projects, ownership of the same shall belong to the
Barangay Government of Barangay Cawayan, Quezon,Bukidnon upon the
execution of a DEED OF DONATION. The Barangay Government of
Barangay Cawayan, Quezon, Bukidnon shall then be responsible for the
completed projects and shall record the same in its book in accordance
with the Philippine Public Sector Accounting Standards (PPSAS).
FEDIRECO H. UBANAN
Punong Barangay

D. PRE-TERMINATION – The Provincial Government of Bukidnon may


terminate this MOA upon written notice to the LGU concerned and has
the right to cancel the financial assistance, if the Barangay Government
of Barangay Cawayan, Quezon, Bukidnon fails to commence work within
Three (3) months from the receipt of the Financial Assistance;
JOSE MA. R. ZUBIRI, JR.
Provincial Governor

3
E. This Agreement shall be effective and binding upon the parties upon
execution hereof, and shall remain in full force and effect until the funds
have been exhausted for the said purpose.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures


this ___ day of ________ 20__ at Malaybalay City, Bukidnon, Philippines.

PROVINCIAL GOVERNMENT OF BARANGAY GOVERNMENT OF


BUKIDNON BARANGAY CAWAYAN, QUEZON,
BUKIDNON

BY: BY:

JOSE MA. R. ZUBIRI, JR. FEDIRECO H. UBANAN


Provincial Governor Punong Barangay

SIGNED IN THE PRESENCE OF:

MARILOU S. BUENO LEO V. SAJULGA


Provincial Treasurer Barangay Treasurer

FE C. RETUERTAS ALBERT D. YULO


Provincial Budget Officer Provincial Engineer

RICHEL R. OKIT, CPA ROY N. NIONES, CE


Provincial Accountant Municipal Engineer

4
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )


PROVINCE OF BUKIDNON ) S.S
CITY OF MALAYBALAY )

BEFORE ME, this ___ day of ______________ 20___ in the City of


Malaybalay, Province of Bukidnon, Philippines personally appeared:

1. JOSE MA. R. ZUBIRI, JR. with Provincial Government of Bukidnon


(PGB) I.D No. 1011-010840012 issued at Malaybalay City, Bukidnon.

2. FEDIRECO H. UBANAN with Municipal ID. No. 001 issued on June 20,
2020 at Metro, Quezon, Bukidnon.
Known to me to be the same persons who executed the foregoing
instrument for and in behalf of the Provincial Government of Bukidnon and the
Barangay Government of Barangay Cawayan, Quezon,Bukidnon respectively,
and that they are duly authorized to sign the same.
This instrument, consisting of four (5) pages including the page in which
this acknowledgement is written, has been signed on the left margin of each
and every page thereof and his witnesses and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand, the day, year
and place above written.

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