Scribd Logo
Upload

Welcome to Scribd!

  • 83 views

    BOI MC No. 2022-003

    Uploaded by

    fatmaaleah
    The R-1 Consortium, led by D.M. Wenceslao, has initiated arbitration proceedings with the Philippine Reclamation Authority (PRA) to settle outstanding issues and payment for their Manila Bay reclamation project completed in 2008. Wenceslao is puzzled by reports of an investigation into alleged delays in the project, as it was completed over 10 years ago. PRA had previously acknowledged Wenceslao's accomplishments and pledged payment, but this is still outstanding. Wenceslao hopes the arbitration proceedings will result in a final release of the promised payment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    BOI MC No. 2022-003

    Uploaded by

    fatmaaleah
    83 views1 page
    The R-1 Consortium, led by D.M. Wenceslao, has initiated arbitration proceedings with the Philippine Reclamation Authority (PRA) to settle outstanding issues and payment for their Manila Bay reclamation project completed in 2008. Wenceslao is puzzled by reports of an investigation into alleged delays in the project, as it was completed over 10 years ago. PRA had previously acknowledged Wenceslao's accomplishments and pledged payment, but this is still outstanding. Wenceslao hopes the arbitration proceedings will result in a final release of the promised payment.

    Original Description:

    BOI MC No. 2022-002

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The R-1 Consortium, led by D.M. Wenceslao, has initiated arbitration proceedings with the Philippine Reclamation Authority (PRA) to settle outstanding issues and payment for their Manila Bay reclamation project completed in 2008. Wenceslao is puzzled by reports of an investigation into alleged delays in the project, as it was completed over 10 years ago. PRA had previously acknowledged Wenceslao's accomplishments and pledged payment, but this is still outstanding. Wenceslao hopes the arbitration proceedings will result in a final release of the promised payment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    83 views1 page

    BOI MC No. 2022-003

    Uploaded by

    fatmaaleah
    The R-1 Consortium, led by D.M. Wenceslao, has initiated arbitration proceedings with the Philippine Reclamation Authority (PRA) to settle outstanding issues and payment for their Manila Bay reclamation project completed in 2008. Wenceslao is puzzled by reports of an investigation into alleged delays in the project, as it was completed over 10 years ago. PRA had previously acknowledged Wenceslao's accomplishments and pledged payment, but this is still outstanding. Wenceslao hopes the arbitration proceedings will result in a final release of the promised payment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    B8

    7+(3+,/,33,1(67$5

    business :('1(6'$<O-81(

    (5&FOHDUV1*&3­V&HEX%RKRO
    LQWHUFRQQHFWLRQSURMHFW
    %\'$1(66$5,9(5$ WKLUG FLUFXLW EHWZHHQ &HEX D ULJKWDWN9 JULGRSHUDWRUVDLG
    N9RYHUKHDGWUDQVPLVVLRQ ´8QGHU 2SWLRQ  SRZHU 7KH SURMHFW ZLOO DOVR SUR
    7KH (QHUJ\ 5HJXODWRU\ OLQHDQGDN9VZLWFK\DUG VKXWGRZQZLOOQRWEHUHTXLUHG YLGHDQRWKHUVRXUFHRISRZHU
    &RPPLVVLRQ (5& KDVFOHDUHG LQWKHH[LVWLQJ&RUHOODVXEVWD LQFRQWUDVWWR2SWLRQ«FRQ VXSSO\IRU%RKROUHGXFLQJLWV
    WKH &HEX%RKRO NLORYROW WLRQ VLGHULQJ WKDW WKH SURMHFW ZLOO GHSHQGHQF\ RQ GLHVHO SRZHU
    N9 LQWHUFRQQHFWLRQSURMHFWRI ,WLVRQHRIWKHWZRRSWLRQV DOUHDG\EHHQHUJL]HGDWN9 SODQWV DQG LPSRUWHG SRZHU
    WKH1DWLRQDO*ULG&RUSRIWKH 1*&3SUHVHQWHGIRUWKH&HEX OHYHOµLWVDLG IURP/H\WH
    3KLOLSSLQHV 1*&3  %RKROLQWHUFRQQHFWLRQSURMHFW 2SWLRQLVFRQVLVWHQWZLWK ´3URYLGLQJ RWKHU SRZHU
    ,Q D SDJH GHFLVLRQ WKH :LWK DQ HVWLPDWHG SURMHFW WKHSURSRVHG0LQGDQDR9LVD VRXUFH RSWLRQV IRU %RKRO FDQ
    (5& DSSURYHG 2SWLRQ  RI FRVW RI 3 ELOOLRQ 2SWLRQ \DV LQWHUFRQQHFWLRQ SURMHFW KHOS SURYLGH FKHDSHU SRZHU
    1*&3·VSURSRVHG&HEX%RKRO LQFOXGHVDGRXEOHFLUFXLW 09,3 DVLWZLOOKHOSSUHSDUH FRVWVIRUWKHFRQVXPHUVLQ%R
    LQWHUFRQQHFWLRQ SURMHFW ZRUWK N9GHVLJQHGVXEPDULQHFDEOH IRU1*&3·VORQJWHUPSODQWR KROµWKH(5&VDLG
    3ELOOLRQ ZLWK  0: FDSDFLW\ ZLWK ORRS&HEX/H\WHDQG%RKROLQ  1*&3 LV D )LOLSLQROHG
    7KHDSSURYHGFRVWLVVOLJKW D SURYLVLRQ IRU D WKLUG FLUFXLW DN9OHYHO SULYDWHO\ RZQHG FRPSDQ\ LQ
    O\ ORZHU WKDQ ZKDW WKH JULG EHWZHHQ&HEXDQG%RKROWKDW 7KH &HEX%RKRO LQWHU FKDUJH RI RSHUDWLQJ PDLQ
    RSHUDWRUDSSOLHGIRURULJLQDOO\ ZLOO EH LQLWLDOO\ HQHUJL]HG DW FRQQHFWLRQ SURMHFW LV SDUW RI WDLQLQJ DQG GHYHORSLQJ WKH
    DPRXQWLQJWR3ELOOLRQDV N9 1*&3·VORQJWHUPSODQWRHV FRXQWU\·V SRZHU JULG OHG E\
    WKHSRZHUUHJXODWRUH[FOXGHG ,Q FRPSDULQJ WKH WZR RS WDEOLVKDN9WUDQVPLVVLRQ PDMRULW\VKDUHKROGHUVDQGYLFH
    WKHSHUPLWIHH WLRQV WKH (5& VDLG 2SWLRQ ORRSLQ&HEX%RKRODQG/H\WH FKDLUPDQRIWKHERDUG+HQU\
    7KH DSSURYHG RSWLRQ LQ  ZDV IRXQG WR EH WKH PRUH ´7KHFRPSOHWLRQRIWKHVDLG 6\ -U DQG FRYLFH FKDLUPDQ
    YROYHV DQ RXWULJKW GRXEOH IDYRUDEOHVROXWLRQLQDGGUHVV ORRS ZLOO SURYLGH UHVLOLHQF\ 5REHUW&R\LXWR-U,WLVWKHVROH
    FLUFXLWN9VXEPDULQHFDEOH LQJ VHFXULW\ UHOLDELOLW\ DQG DQGZLOOLPSURYHWKHUHOLDELO RSHUDWLQJ DVVHW RI 6\QHUJ\
    ZLWK D PHJDZDWW 0:  ORDGJURZWKLQ&HQWUDO9LVD\DV LW\RIWKHSRZHUWUDQVPLVVLRQ *ULGDQG'HYHORSPHQW3KLOLS
    FDSDFLW\ZLWKDSURYLVLRQIRUD VLQFHLWZLOOEHHQHUJL]HGRXW V\VWHPLQWKHVDLGLVODQGVµWKH SLQHV,QF

    Wenceslao initiates arbitration proceedings


    5&RQVRUWLXPKHDGHGE\ PHQW ODVW -XQH  WKDW LW KDG SURFHHGLQJV ZLWK WKH 3KLOLS \HDUVDJR
    '0:HQFHVODRVDLGLQDVWDWH DOUHDG\ LQLWLDWHG DUELWUDWLRQ SLQH 5HFODPDWLRQ $XWKRULW\ ,Q IDFW 35$ KDG DOUHDG\
    35$ ODVW0D\WRVHWWOHWKHLU UHFHLYHG LWV VKDUH DQG SUR
    SHQGLQJ RXWVWDQGLQJ LVVXHV FHHGV IURP WKH VDPH SURMHFW
    DQG SD\PHQW 7KH\ VDLG WKDW DQGWUDQVIHUUHGDQGVROGWKH
    WKH\ KDG WR VHQG D QRWLFH RI VDPH VKDUH WR RWKHU SDUWLHV
    DUELWUDWLRQ WR 35$ DV LW KDV $FNQRZOHGJLQJ:HQFHVODR·V
    EHHQ VHYHUDO \HDUV WKDW WKH\ DQG 5·V DFFRPSOLVKPHQWV
    KDYHEHHQZDLWLQJWREHSDLG LQ WKH UHFODPDWLRQ SURMHFW
    E\ 35$ IRU WKHLU UHFODPDWLRQ 35$ KDG HDUO\ RQ SOHGJHG
    ZRUNV LQ 0DQLOD %D\ FRP SD\PHQWWR:HQFHVODRIRULWV
    SOHWHGLQ DFFRPSOLVKPHQWV WKURXJK
    35$ KDVDOUHDG\ DFNQRZO 35$·VERDUGUHVROXWLRQPDGH
    HGJHG WKH VDPH QRWLFH ODVW LQ
    0D\  DQG FRPPLWWHG WR ,Q  35$ KDYLQJ DF
    FRPPXQLFDWH DW WKH VRRQHVW NQRZOHGJHG ZKDW LV ORQJ
    SRVVLEOHWLPH RYHUGXH WR :HQFHVODR DJDLQ
    7KXV:HQFHVODRLVSX]]OHG UHLWHUDWHGLQDQRWKHU%RDUGUHV
    E\WKHUHSRUWHGSUREHLQLWLDWHG ROXWLRQPDGHLQ$XJXVWWR
    E\3DFPDQ5HS(ULF3LQHGD DSSURYHWKHÀQDOUHOHDVHRILWV
    RQ WKH DOOHJHG GHOD\ LQ WKHLU SOHGJHG SD\PHQW LQ IDYRU RI
    UHFODPDWLRQ SURMHFW DV VDLG :HQFHVODR7RGDWH:HQFHVODR
    SURMHFW ZDV FRPSOHWHG PRUH KDVQRWUHFHLYHGWKHVDPH

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy