MANILA, Philippines — State auditors have advised the Social Housing Finance Corporation (SHFC) to take steps to impose penalties against a contractor who has yet to complete a P352.304 million high-density housing project in Caloocan City despite a two-year extension.
The Commission on Audit said the contractor’s failure to complete the housing project “deprived the intended 720 member beneficiaries of the immediate use of decent housing units.”
The CA did not name the contractor in the report.
In a 2020 audit report on the SHFC, the audit team also advised the agency to terminate or rescind the agreement because of the contractor’s …
Keep on reading: COA wants contractor penalized for unfinished Caloocan housing project