December 26, 1989

MEMORANDUM CIRCULAR NO. 108

CLARIFYING CERTAIN PROVISIONS OF

In view of the provisions of Section 4 of

Specifically, when the loan/grant agreement so stipulates, the government agency concerned may award the contract to the lowest bidder even if his/its bid exceeds the approved agency estimate.

It is understood that the concerned government agency shall, as far as practicable, adhere closely to the implementing rules and regulations of CEaDAc

Please be guided accordingly.

Manila, Philippines, December 26, 1989.