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ADMINISTRATIVE ORDERS
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ADMINISTRATIVE ORDER NO. 118 -
CREATING A TASK FORCE TO STUDY AND DETERMINE THE SETTLEMENT OF THE
OBLIGATIONS OF THE NATIONAL GOVERNMENT TO SGS
WHEREAS, the agreement for a Comprehensive
Import Supervision Scheme ("CIIS") entered into on August 23, 1991
between the National Government ("NG") and Societe Generale de
Surveillance S.A. ("SGS"), as amended by the First Addendum of December
1994, the Second Addendum of January 24, 1998 and the letter-agreement
of December 22, 1999, terminated on March 31, 2000;
WHEREAS, the NG has outstanding accounts payable to SGS for services
rendered under the above CIIS Agreement;
WHEREAS, there is a need to review and determine ways and means to
settle and dispose of the obligations of the NG with SGS;
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the
Philippines, by virtue of the powers vested in me by law, do hereby
order:
Section 1.
Sec. 2.
•
•
and Management
•
and Industry
•
The Chairman, or a designated representative, of the Commission on Audit shall be invited by the Task Force to comment on the findings and recommendations of the Task Force.
Sec. 3.
3.1
3.2
Sec. 4.
Sec. 5.
Done in the City of Manila,
this 5th day of May, in the year of our Lord, two thousand.
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