71 state universities and colleges (SUCs) have failed to liquidate the P2.851 billion that was disbursed to them for the implementation of programs and projects under the previous administration’s Disbursement Acceleration Program (DAP).

In a 2015 report released yesterday by the Commission on Audit (COA), it insists that the failure of the Commission on Higher Education (CHED) to liquidate should be addressed.

It has been noted that CHED transferred P3.920 billion in DAP funds to 121 SUCs for the upgrading of infrastructures and facilities, students’ grant-in-aid, research development, and extension projects.

SUCs in the National Capital Region (NCR) reportedly received the biggest chunk of the unliquidated funds which is a total of P1.340 billion. The Autonomous Region in Muslim Mindanao (ARMM) follows closely with P965.142 million and Region 11 with P87.779 million.

71 SUCs yet to liquidate P2.8M in DAP funds
photo from www.ched.gov.ph
State auditors said that the failure of CHED to monitor and enforce liquidation goes against the memorandum of agreement and COA Circular No. 94-013. “This notwithstanding that the unutilized DAP funds are required to be returned to the SAs/National Treasury pursuant to the SC decision promulgated on July 1, 2014 which was modified on February 3, 2015.”

They demand the immediate liquidation and return of unused balance, to which the CHED responded that they had already sent 131 demand letters to the SUCs and P929,079,234.66 was already recorded as liquidation or settlement from January to May this year. ASCS

Source: Philstar
71 SUCs yet to liquidate P2.8M in DAP funds 71 SUCs yet to liquidate P2.8M in DAP funds Reviewed by FilipiNews PH on Friday, August 05, 2016 Rating: 5

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