THE National Irrigation Administration (NIA) has blacklisted Green Asia Construction and Development Corp. after a project it was working on in Central Luzon failed to meet key progress milestones.
NIA said in a statement that Green Asia was the contractor for the rehabilitation of structures associated with the Casecnan Multipurpose Irrigation and Power Project, with its works valued at P296.93 million. The project is located in Gapan, Nueva Ecija and San Miguel and San Ildefonso, Bulacan.
According to NIA, Green Asia was found to have recorded negative slippage on its work schedule of at least 15%, which is sufficient basis for contract termination under Republic Act No. 9184 or the Government Procurement Reform Act.
“The contractor is suspended/disqualified from participating in all government procurement for the period of one year, starting Feb. 08, 2021 until Feb. 07, 2022,” NIA said.
It added that Green Asia’s performance security of P89.08 million was forfeited. — Revin Mikhael D. Ochave