DAZZUNG LITE ENTERPRISES Jenelyn O. Yuson - Proprietress STATEMENT OF COMPREHENSIVE INCOME For the Years Ended December 31, 2019 & 2018 {Amounts in Philippine Peso) 2019 2018 GROSS RECEIPTS Pe 35,565,628 P 4,541,457 LESS: COST OF SERVICES Pe 30,159,616 _P 859,852 reece en ONO PR 859/852 GROSS INCOME Pp 5,406,012 P 681,605 OPERATING EXPENSES e 2,727,527 P 294,340 NET INCOME BEFORE TAX Pp 2.678.485 P 387,295 PROVISION FOR INCOME TAX P 2,870 P (2,898) NET INCOME OF THE YEAR P 2,675,615 _P 389,193 — oS =o Fee eott Bureau of Internal Revenue 8 RECEIVED ¢ u ease ; wu tl ; 2 ° Doris V, Saracta Collection Section oe paidDAZZLING LITE ENTERPRISES Jenelyn 0. Yuson - Proprietress STATEMENT OF FINANCIAL POSITION For the Years Ended December 31, 2019 & 2018 {Amounts in Philippine Peso) ASSETS 2019 2018 CURRENT ASSETS Cash on Hand & in Banks 11,863,965 3,116,987 Accounts Receivable 625,582 280,658) Inventory 4,182,420 : Other Current Assets 203,704 2,756,300 Total 16,965,671_P 5,153,908! NOW-CURRENT ASSETS < Property, Plant & Equipment - Net 4,485,665 5,000,000: Construction Tools & Materials 1,533,586 1,232,000 Office Equipment 695,863 588,060 Office Furnitures and Fixtures 482,556 317,520 Total e 7,aa7,610 > 7580 TOTAL ASSETS Pe 24,163,341_P 12,291,525 TiARILErIES AND CAITAL CURRENT LIABILITIES Trade and Other Payables 4,720,804 1,571,084 Other Current Liabilitie 368,952 169,126 Total 5,089,756 P 7,740,210 CAPITAL 70. Yuson, Capital 19,073,585 10,551,315 TOTAL LIABILITIES AND OWNER'S CAPITAL 24,163,341. 12,291,525 Bureau of Internal Revenue ® RECEIVED § So 8 0 : a ES 4 3 " 8 9 Doris V, Saracia=H goes John D. Gonzales INDEPENDENT AUDITOR'S REPORT JENELYN O. YUSON, The Owner of DAZZLING LITE ENTERPRISES Suite 2306 Cityland 10 Tower 2, H.V. Dela Costa St. Bray. Bel Air, Makati City Report on the Audit of Financial Statements Opinion T have audited the accompanying financial statements of DAZZLING LITE ENTERPRISES which ‘comprise the statement of financial position for the period ending December 31, 2019 and the statement of comprehensive income, statement of changes in equity for the year then ended, and a summary of significant accounting policies and other explanatory information. In my opinion, the accompanying financial statements present fairly, in all material respects, the financial position of DAZZLING LITE ENTERPRISES for the period ending December 3! 2019 and its financial performance and its cash flows for the year then ended in accordance with PFRS for SMEs. Basis for Opinion I conducted my audit in accordance with the Philippine Standards on Auditing. Those standards require that I comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement, | believe that the audit evidence have obtained is sufficient and appropriate to provide a basis for my opinion Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with PFRS for SMEs, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud and error. In preparing the financial statement, management is responsible for assessing the Company’s ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative to do so. Those charged with governance is responsible for overseeing the Company's financial reporting process. Auditors! Responsibility My objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes my opinion. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with PSAs, | exercise professional judgment and maintain professional skepticism throughout the audit. | also: hepi eEencis John D. Gonzales + identify and assess tie risks of material misstatement of the consoiidated financial statements, whether due to fraud or error, design and perform audit provedures responsive to those risks, and ‘obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resuiting from fraud is higher than for one resuiting trom error, as fraud may involve collusion, forgery. intentional omissions, misrepresentations, or the override of intemal control + Obtain an understanding of internai controi reievant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control, + Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. + Conciuide on the appropriateness of management 's use of the going concem basis of accounting and. based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. conciude that a material unccriainty exists, i am required to draw attention in our auditor's report to the related disclosures in the consolidated financial siatements or, if such disclosures arc inadequate, to modify our opinion, My conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, fuiure events or conditions may cause the company © Cease to continue as a going concern. Report on the Supplementary information Required Under Rik 15-2010 and 19-2011 My audit was conducted for the purpose of forming an opinion on the basic financial statements taken as a whoic. ihe supplementary iformanon on taxes and ficenses and additional disciosure requirements on schedules in last notes to the financial statements is presented for purposes of filing with the Bureau of Internal Revenue and is not a required part of the basic financial statements, Such suppiementary information is the responsibility of management and tas been subjected to the auditing procedures applied in my audit of the basic financial statements. In my opinion, the supplementary information is fairly stated in all material respects in relation to the basic financial statements taken as awhole. FRANCIS 40) SONZALES 20140298 PTR No. 934900C issued on January 7, 2020 at Quezon City BIK A. N. (individual) (8-000532-001-2020 effective untti February 24, 2023 T.LN. 294-048-912 BOA/PRC Registration No. 6462 effective until July 26, 2021 (Quezon City, Prulippines June 10, 2020 wi fleJENELYN O. YUSON DAZZLING LITE ENTERPRISES NOTES TO FENANCIAL STATEMENTS: As at and for the years ended December 31, 2019 and 2018 i, General information Jenclyn ©. Yuson (“The Proprictor") is duly registered with the Department of Trade and Industry (DTI) with tmdename DAZZLING LITE FNTERPRISES The Proprictor’s primary purpose is to engage in the general construction services and wholesale trading of LED lights. ‘The registered ofiice address of the proprietor is located at Suite 2306 Cityland 10 Tower 2, H.V. Dela Costa St. Brgy. Bel Air, Makati City ‘The Financial Statements of the’ Proprietor as at and for the year ended December 31, 2019 (wi comparative figures in 2018) were approved and authorized for issue by the Proprietor on Marc} 2018, 2. Summary of significant accounting pol Basis of Preparation ‘The proprietor prepared its financial statements in accordance with the Philippine Fin: Reporting Standards for Small and Medium-Sized Entities (PFRS for SMEs) issued by Financial Reporting Standards Council (FRSC) beginning and after January 1, 2010. ‘The PFRS for SMEs, which is based on the International Finan Reporting Standards for eating Standards ‘The accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied, unless otherwise stated. These financial statements have been prepared by the proprietor under the historical cost coiiveution. The preparation of financial statements in conformity with thie PERS for SMEs requires the use of certain critical accounting estimates. It also requires the Proprietor to exercise its judgment, in the process of applying the proprietor accounting policies. Areas involving a higher degree of judgment or complexity, or areas where assumptions and estimations are significant to the financial statements are disclosed in Note 3. The accompanying financial statements have been prepared on a going concer basis, which contemplate the realization of assets and settlement of liabilities in the 7 ise of business, = Accounting Policies Adopted = The following Sections ot PFRS for SMEs were adopted by the Propnetor: = Section 3, “Financial Statement Presentation”, explains fair presentation of financial statements, ! ‘what compliance with the PFIKS for SMEs requires, and what a compiete set of financial statements is. This section prescribes the basis for presentation of general purpose financial statements for SMEs to ensure comparability both with the entity’s financial statements of previous periods and with the Financial statements of other entities. it sets out overall requirements for the presentation of financial statements, guidelines for their structure and minimum requirements for their content. Section 4, “Statement of Financiai Position’ sets out the information that is wo be presented in a statement of financial position and how to present it. The statement of financial position (sometimes called the balance sheet) presents an entity's assets, liabilities and equity as of a specific date-the end of the reporting period and provides the minimum iine items that should be inciuded in the statement of financial position, however, additional line items, heading and subtotals shall be presented if they will be relevant to an understanding of the entity's financial position. Jeneiyn O. Vuson (DAZZLING LITE ENTERPRISES)JSENELYN O. YUSON DAZZLING LITE ENTERPRISES Section 5, “Statement of Comprehensive Income and Income Statement” requires an eality to present its total comprehensive income for a period—i.e., its financial performance for the period—in one or wo financial statements. It sets out the information that is to be presented in those statements and how to present it Section 6, "Statement of Changes in Equity", sets out requirements for presenting the changes in an emtity’s equity or a period. either in a statement of changes in equity or. if specified conditions are ‘met and an entity chooses, in a statement of income and retained earnings. Section 7, "Statement of Cash Flows", sets out the information that is to be presented in a statement of cash flows and how 10 present it, The statement of cash flows provides information about the changes in cash and cash equivalents of an entity for a reporting period, showing separately changes from operating activities, investing activities and financing activities. Section 8, "Notes to the Financial Statements", sets out the principles underlying information thats to be presented in the notes to the financial statements and how to present it. Notes provide n descriptions or disaggregation of items presented in those statements and information about i that do not qualify for recognition in those statements. In addition to the requirements of this nearly every other section of this PFRS requires disclosures that are normally presented in the notes\ Section 10, “Accounting Policies, Estimates and Errors". provides guidance for selecti applying the accounting policies used in preparing financiat statements. It also covers changs accounting estimates and corrections of errors in prior period financial statements, Seviion 11, “Busic Financia} instruments”, deais with eveognizing, measuring and disciosing basic financial instruments and is relevant to all entities. An entity shall recognize a financial asset or a financial liability only when the entity becomes a party to the contractual provisions of the instrument. ‘When 2 finsuciai asset or financial liebility is recognized initially, an entity stall measure it al the transaction price unless the arrangement constitutes, in effect, a financing transaction. Section 17. "Pronerty and Equioment’ prescrihes the accounting treatment for property equinment so that users of the financial statements can discern information about an entity's investment in its property and equipment and the changes in such investment. The principal issues in accounting for property and equipment are the recognition of the assets. the determination of their carving amounts and the depreciation charges and impairment losses to be recognized in relation to them. An entity shail measure an item of property and equipment at initial recognition at its cost. The cost of an item of property and equipment is the cash price equivalent at the recognition date. If payment is beyond norma! credit terms, the cost is the present value of all future payments. Section 21, "Provisions and Contingencies", outlines the recognition of provision only when: (a) the entity has an obligation at the reporting date as a result of a past event: (b) it is probable (i.e. more likely than: not) that the entity will be required to transfer economic benefits in settlement; and (c) the amount of ~ the obligation can be estimated reliably. its objective is to ensure that appropriate recognition criteria and measurement bases are applied to provisions, contingent liabilities and contingent assets and that sufficient information is disclosed in the notes to enable users to understand their nature, timing amount. Section 22, “Liabilities and Equity”, establishes principles for ciassifying financial instruments as either liabilities or equity and addresses accounting for equity instruments issued to individuals or other parties acting in their capacity as investors in equity instruments (ie. in their capacity as owners}. Section 23, "Revenue", prescribes the accounting treatment of revenue arising from certain types of fransactions and events The primary issne in accounting for revenue is determining when to recognize revenue. Revenue is recognized when it is probable that future economic benefits will flow to the entity and these benefits can be measured reliably. This section identifies the circumstances in ‘which these criteria will be met and. therefore. revenue will he recognized. It also provides practical guidance on the application of these criteria. An entity shall measure revenue at the fair value of the consideration received or receivable. Jeneipn O. Yuson (DAZZLING LITE ENTERPRISES)JENELYN UO. YUSON DAZZLING LITE ENTERPRISES Section 29, “income Tax”, covers accounting for current and future tax consequences of transactions and other events that have been recognized in the financial statements. These recognized tax amounts comprise current tax and deferred tax. Current tax is tax payable ( periods. Deferred tax is tax payable or recoverable in future periods, generally as a result of the entity recovering or settling its assets and liabilities for their current carrying amount, and the tax effect of the carryforward of currently unused tax losses und tax credits. income ian. Ht requires an entity to recognize ¢ Section 32, "Events after the End of the Reporting Period", defines events after the end ¢ reporting period and sets out principles for recognizing, measuring and disclosing those e¥ Events after the end of the reporting period are those events, favorable and unfavorable, that occur between the end of the reporting. _ and the date nea the financial statements are authoriz¢ y Francia! statements on a going concern besis after the reporting period indicate that the going concer assumption 1s not appropriate. The significant sections and practices of the Proprietress are set forth to facilitate the understanding of the al sentation currenc juded in the financial statements of the Proprietress are measured using the currency of the primary economic environment in which the entity operates ("the functional currency’). The financi statements are presented in Philippine peso (P), which is the Proprietress's functional and the Propricitess's presentation cucrency ~ ) Financial Assets Financial assets include Cash and Trade Receivables. ot Cash Cash ineludes cash on hand and in bank set aside for current purposes. It is unrestricted in use and is valued at face value. ide receivables irade recetvabies are recognized initially at transaction price. Ali sales are made on the basis of normal credit terms, and the receivables do not bear interest. At the end of each reporting period, the carrying amounts of trade receivables are reviewed to determine whether there is any objective that the amounts are not recoverable. If so, an impairment ioss 1s recognized immediately in profit or loss. ‘Other Current Assets ‘Other current assets include input taxes and prepayments such as input tax and prepaid taxes/expenses that are initially recorded at transaction cost and subsequently measured at cost less impairment loss, if any. Property and Equipment Property and equipment are measured initially at its cost. After initial recognition, property and equipment are stated at cost iess accumulated depreciation and any accumulated impairment iosses. The initial cost of property and equipment, comprises its purchase price and any cost directly aliribatable to bringing the usset 10 the jocation and condition necessary for it to be capable of operating in the manner intended by the Proprietress, These can include the costs of initial delivery and handling, installation and assembly, and testing of Functionality Jenetyn O. Yuson (DAZZLING LITE ENTERPRISES) _JENELYN O. YUSON DAZZLING LITE ENT ENTERPRISES The Propnettess adds to the carrying amount of an item of property and equipment the cost of replacing parts of such an item that cost is incurred- if the replacement part is expected to provide incremental future benefits to the Proprictress. The carrying amoumt of the replaced part is derecognized. Ail other repairs and maintenance are charged to profit and loss during the period in which they are incurred. Depreciation on these assets is charged so as to allocate the cost of assets less residual valuccoyer 4, their estimated useful lives, using the straight-line method, The estimated useful lives ran, follows: Transportation equipment 10 years Office equipment 10 years Furniture & fixtures 10 years The assets’ residual values, useful lives and depreciation methods are reviewed, and adjtited prospectively if appropriate, if there is ait iudivation of a sigaificamt change siave the last ceporting date. An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount 1s greater than its estimated recoverable amount. Gains and tosses on disposal are paring the proceeds with the camying amount and are recognized wi gains’ (losses) - net’ in the statement of comprehensive income. Financial Liabititic Financial liabilities are recognized initially at transaction price. Financial liabilities are recognized the Proprictress becomes a party to the contractual provisios liabilities imclude Trade and Other Payables. the instrument, Financial ‘Trade and Other Payabtes ~ Trade payables are liabilities to pay for goods or services that have been received or supplied and have been invoiced or formally agreed with the supplier. Other pe ‘ employees and others. Trade and other payables are initially recorded at transaction price and subsequently measured at amortized cost using effective interest method Derecognition of Financial Assets and Financial Liabilities Financial assets A financial asset (or, where applicabie a part of financial assct or part of a group of similar financial assets) is derecognized when: © the righis to receive cash tlows from the asset have expired; + the Proprictress retains the night to receive cash flows from the asset, but has assumed an obligation to pay them in full without material delay to a third party under a pass-through arrangement; or ‘the Proprietress has transferred its rights to receive cash flows from the asset and either (a) has transferred substantially all the risks and rewards of the asset, or (b) has neither transferred nor retained substantially ail the risks and rewards of the asset, but has ransferred control of the asset. Financiai Liabilities A financial liability is derecognized when the obligation under the liability is discharged, cancelled or expired. Where an existing financial liability 1s replaced by anutlier from de same lender on Jenchn ©. Yusan (DAZZLING LITE ENTERPRISES)JENELYN O, YUSON DAZZLING LITE ENTERPRISES substantially different terms, or the terms of an existing Hiability are substantially exchange or modification is treated as a derecognition of the original liability and the recognition of anew liability, and the difference in the respective carrying amounts is recognized in the statement of comprehensive income. podified, suc Offsetting Financial Instruments Financial assets and financial liabilities are offset and the net amount reported in the balance sh and only if, there is a currently enforceable legal right to offset the recognized amounts and th an intention to settle on a net basis, or to realize the asset and settle the liability simultaneously, Provisions and Contingencies \ Provisions are recognized when the Proprietress has a present obligation, either legal or constructive, as a result of a past event, it is probabie that an outflow of resources embodying economic benciits will be required to settle the obligation, and the amount of the obligation can be estimated scliably When the Proprietress expects reimbursement of some or all of the expenditure required to seitle a provision, the Proprietess recognizes a separate asset for die reimbursement oniy winen it is virtually certain that reimbursement will be received when the obligation is scttled. The amount of the provision recognized is the best estimated of the consideration required to settle the present obligation at the baance sheet daie, hing into account the risks and uncertainties surrounding the obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows. Provisions are reviewed at each reporting Uaic and adjusted tv seeui the current best estimate. Contiigent liabilities aid assets ate Hot recognized because their existence will be confirmed only by the occurrence or non-occurrence =\ one or more uncertain future events not wholly within the control of the Proprietress. Contingent tiabitities, ifany. are disctosed, unless the possibitity of an outflow of resources embodying economic benefits is remote. Contingent assets are disclosed only when an inflow of economic benefits is\ probable, s Ss Torai Equity Owner's Equity is the individual's ownership on his total assets after deducting his total liabilities. Revenue and expense recognition Revenue comprises the fair value of the consideration received or receivable for that sale of goods or services in the ordinary course of the Proprietress's activities. The Proorietress recognizes revenue when: the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the Proprietress; and specific criteria have been met for each of the Proprietress’s activities. as described below. * Rendering of Services Revenue from services rendered is recognized in profit or loss in pronortion to the stage of completion of the transaction at the reporting date. The stage of completion is assessed by reference to surveys of work performed ; Lexpenses are recognized in profit or loss when a decrease in future economic benefits related to a decrease in an asset or an increase in a liability has arisen that can be measured reliably. Expenses are recognized in profit or loss on the basis of a direct association between the costs incurred and the carning Of specific items of income; on, the basis of systematic and rationai aiiocation proceaures when economic benefits are expected to arise over several accounting periods and the associations with income can only be broadly or indirectly determined; or immediately when an expenditure produces no economic benefit or when, and to the extent that, Future economic benefits do not qualify, ‘or gease to qualify, for recognition in the statement of financial position as an asset. Jeneiyn O. Yuson (DAZZLING LITE ENTERPRISES)JENELYN GO. YUSON DAZZLING LITE ENTERPRISES Cost atid expenises are recognized in the statement of compre the goods and /or utilization of the service or at the date they are incurred. All finance costs, if any, are reported on an accrual basis, ‘sive income upon consumption of Employees’ Compensation and Other Benefits The Proprietress recognizes o liability net of amounts already paid and an expense for servi rendered by employees during the accounting period. Short-term benefits given by the Proprioffess to its employees include salaries and wages, social security contributions, short-ieem compend absences, bonuses and other non-monetary benefits, if any 4 Current tax assets and liabilities for the current and prior periods are measured at the amount exp to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to comptife the amount are those that are enacted or substantively enacted by the balance sheet date. Income Taxes Value-added tax (VAT) Revenue, expenses and assets are recognized net of the amount of VAT excopt: tax authority, hi which case the VAT is recognized as part of the cost of acquisition of the asset or part of the expense item as applicable; and + Receivables and payables that are stated with the amounts of VAT included. * Where the VAT incurred on the purchase of an asset or service is not recoverable from the 3 3 C Events Aiter the End of the Reporting Date S Posi-year~cnd events up to the date of the auditor's report that provide additional information ‘about the Proprietress’s position at the balance sheet date (adjusting events) are refiected in the financial statements. Post-ycar-end events that are not adjusting events are disclosed in the notes to financial statements when material 3. Information about key sources of estimation uncertainty and judgments Estimates and judements are continually evaluated. They are based on historical experience and other factors, including expectations of future. Key sources of estimation uncertainty The Propmetress makes estimates and assumptions concerning the future, The resuiting accounting estimates will, by definition, seldom equal the related actual results. ‘The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year are disclosed below. a) Useful Life of Property and Equipment Lhe Proprietress estimates the useful iives ot property and equipment based on the period cover which the assets are expected to be available for use. The estimated useful lives of property and equipment are reviewed periodically and are updated if expectations differ from previous estimates due to physical wear and tear, technical or commercial obsolescence and Jegal or other limits on the use of the assets, hi addition, estimation of the usefil lives of property and equipment is based on collective assessment of industry practice, internal technical evaiuation and experience with similar assets. it is possibie, however. that future results of operations could be materially affected by changes in estimates brought about by changes in factors mentioned above. The amounts and timing of recorded expenses for any period wouid be affected by changes in these factors and circumstances. A reduction in the estimated useful lives of property and equipment would increase recorded operating expenses and decrease non-current assets Jenelyn O. Fuson (DAZZLING LITE ENTERPRISES) (| 8 i e 3 | 3 2 ( 03 Zak Jeaurbus jo (980) ave “2800 Suipuoun = 2 a 2 i A Ode _ selava'a Se iid of Disaster Risk Resilient Alternate Command Genter {Monolithic Dome Structure with Mezzanine and Utilities) (Contract Nr PAFPC-CDS&-19-133) THIS CONTRACT AGREEMENT made and entered into at Colonel Jesus Villamor Air Base, Pasay City, Philippines by and between: Z The PHILIPPINE AIR FORGE, ARWED FORCES OF THE PHILIPPINES, (PAF, AFP, for brevity) represented by the Commanding Officer, Philippine Air Force Procurement Center (PAFPC), GOL ROSEMARIE R TANAG PAF (GSC), with office address at HPAF, Gol Jesus Viliamor Air Base, Pasay City, (hereinafter called “the Entity), “and: DAZZLING LITE ENTERPRISES, represented by ite General Manager, 4S. JENELYN O. YUSON, with office address at Suite 2308, Cliyland 49 Tower 2 Hv. St, cor. Val eedo Village, City (hereinafter calied “the Contractor’. WHEREAS, the Invitation to Bid was published on the PhiIGEPS dated 28 August 2019 under PE-PAFBAC-314-18 for the Design and Build of Disaster Risk Resilient Alternate Command Center (Monolithic Dome Structure with Mezzanine and Utilities) through open competitive bidding: WHEREAS, in the Public Bidding conducied by the PAFBAC for the above- mentioned project which was held last 18 September 2018, the Contractor, j_ submitted the bid offer mounting to EIGHTEEN MILLION SIX HUNDRED EIGHTY. "IGHT THOUSAND FIVE HUNDRED PESOS ONLY (P18,683,500.00); WHEREAS, after the detailed bid evaluation, the bid of the Gontractor was declared by the PAFBAC as the Single Calculated Bid offer on 18 September 2019; WHEREAS, after a contiuct of Post Qualification the PAFBAC, by virue of its Resolution No. PAFBAC-208-2019 dated 04 October 2018, resaived to deciare both: of the Contractor as the Single Calculated and Responsive Bid (SCRB) oof lo a Manager =: ws,kePUBLIC OF THE PHILIPPINES) PASAY CITY d55 Bafore wee a Notary Public fot and in Pasay City, this day of nial appeared i ‘to me TapeTire Wiansncaton eared the folowing persons presenting TS ie thei Sons Witness: ay Nae SPORT ISSUED OwAT e 4. COL ROSEMARIE R TANAP PAF (GSC) ran 14 Feb BRP AF g 3 2.4S. JENELYN ©. YusoN ae z Sa tence i 3 a Known to me to be the same persons who executed and voluntarily signed the g foregoing Contract which they acknowledged before as their awn free and voluntary & act and deed with full authority to sign in that capacity. x This instrument refers to the Contract Agreement and consisting of three (3) Pages including this page where the acknowledgment is written and the annexes as attached duly eigned by the parties and their instrumental witnesses thereof. 2| ‘Witness my hand and seal, on the date and place above written. 22 35 Doe No. SRi\/ Page No. ae Book Ne o Series of 2018 10 Dd:fve eowo Buipuewi (980) avd ayn BreDAZZLING LITE stonger Ste a, Cyan 0 Toer2 HV. Dt Cost yew cox Vale St Design Phase Proceed (NTP) and One Hundred Fity (150) calender days upon of the, Detailed Architectural and Engincering Plana (OAEP) by te Air Force Chiat of [Engineers and tasuance of Certificate of Stte Possession, the offal staring date Paense sckrowacge et yoy your TR TANAP PAF (GSC) ‘nerey scone eso tie Nokon to Proceed on: 10 Saqyary 2020 Name of Company: oT Og Lik Eobppi 4 os wee 1 Printed name and Sionature of Authorized Recresentatve «BHT AK. LUA CONTRACT WITH THE PHIL . AIR FORCE COMMAND CENTER Php 18,688,500 ‘Design and Build of Oisaster Risk Resilient Alternate Command Center (Monolithic Dome Structure with Mezzanine and Utilities) {Contract Nr PAFPC-CDS-19-133) Z —dedared bythe PAFEAC as ho” Singlo Calculated 8d. ofr "on , “eee 3 WHEREAS. aftr a conduct of Post Qualiiation the PAFBAC, by vitue of is ‘Resolution No. PAFBAC:208-2019 dated 04 October 2010, resaived to declare {he bh ofthe Contractor ss the Single Calculated and Responsive Bit (SCRE) eva 0 (oeolave amv foie (6. ruson. 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