A PYMNTS Company

Philippines: PCC probes alleged rigging of Kaliwa Dam project

By  |  August 26, 2019

The Philippines’ antitrust body is looking into the alleged rigging of a bidding for a big-ticket China-funded project under the Duterte administration’s “Build, Build, Build” initiative.

This developed after a document issued by the Commission on Audit (COA) to the Metropolitan Waterworks and Sewerage System claimed the bidding for the project and the awarding of the contract were questionable. It was a “negotiated contract,” it claimed.

A Chinese state-owned company won the bidding held in December last year, besting two other Chinese contractors who were disqualified for failing to comply with the requirements, which COA claimed seemed intentional.

“The PCC (Philippines Competition Commission) will confer with the COA and obtain more detailed information about its findings on the conduct of the bidding for the Kaliwa Dam project,” PCC Chair Arsenio Balisacan said.

Full Content: Business Inquirer

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.