Abstract of Bids as Calculated and Bidding Result - June 2011

ABSTRACT OF BIDS AS CALCULATED AND BIDDING RESULT
For the Month of June 2011


Purchase of Office Supplies







Purchase of Construction Materials for Municipal Development Projects such as:
a. Installation of Free Flowing Deep Well - Dulangan 1
b. Improvement of Barangay Road - Bangkatan, Tagumpay and San Andres







Construction of Concrete Bridge in Bangkatan










Purchase of Construction Materials for Municipal Development Projects
a. Construction of Box Culvert - Lantuyang
b. Spot Concreting of Barangay Road - San Ignacio
c. Construction of Drainage Canal

Abstract of Bids as Calculated and Bidding Result - April 2011

Abstract of Bids document refers to a document wherein details of the contract is indicated, time, date and place of bid opening, names of bidders and their corresponding calculated bid prices arranged from lowest to highest, the amount of Bid Security and the name of the issuing entity.

Below are the bids calculated and bidding results for the month of April 2011:

a. Purchase of four (4) sets computer







b. Purchase of Construction Materials for Mun. Development Project

ANNUAL PROCUREMENT PLAN 2011

GPPB Circular 01-2009 state that Annual Procurement Plan (APP) is the requisite document that the agency must prepare to reflect the entire procurement activity (i.e.,goods, services, civil works to be procured) that it plans to undertake
within the calendar year. This document must contain the following information:

1. Name of the procurement program/project;
2. Project management office or end-user unit;
3. General description of the procurement;
4. Procurement method to be adopted;
5. Time schedule for each procurement activity;
6. Source of fund; and,
7. Approved Budget for the Contract.




Below is the 2011 Annual Procurement Plan of the Municipality of Baco:

Summary of Annual Budget 2011

Hereunder is the copy of Summary of Annual Budget 2011 of the Municipality of Baco:

Report on the Utilization of 20% Development Fund and IRA

The Local Government Code of 1991 mandates each LGU to appropriate in its annual budget no less than twenty percent (20%) of its Internal Revenue Allotment for development projects (Sec 287, LGC).

Below are copies of 20% DF and IRA Utilization


As of 1st Quarter 2011:





For the year 2010:

Statement of Debt Service

Debt service is the amount you pay on a loan in principal and interest, over a period of time. Usually debt service is calculated for a year. - Source

The government has a statutory ceiling of 20% on debt service.

Below is the Municipality of Baco's Statement of Debt Service for the Year 2010

Statement of Receipts and Expenditures (Statement of Income and Expenses) - General Fund

The Statement of Income and Expenses shows the income and expenses of the agency at the end of a particular period. It presents the detailed information of the income and expenses recognized during the period covered.(NGAS Manual)

* Statement of Income and Expenses - General Fund