FINANCIAL POSITION AS AT NOVEMBER 1 2022 (all funds)

(in thousand of CAD)

ASSETS

CURRENT ASSETS 2022 2021

Cash and cash equivalents 12,279,124 12,253,146

Assessed contributions receivable 1,122,942 1,235,011

from member state

Receivables and advances 1,215,982 1,318,463

Inventories 241,513 244,753

Others 319,953 321,825

Subtotal 15,373,198

NON-CURRENT ASSETS

Assessed contributions receivable 452,973 444,456

from Member state

Receivables and advances 67,321 68,451

Property, plant and equipment 552,951 541,853

Intangible assets 78,561 80,735

Subtotal 1,135,495

TOTAL ASSETS 16,508,693

LIABILITIES

CURRENT LIABILITIES

Advance receipts 23,441,656 24,551,153

Accounts payable and accrued 3,981,991 3,806,951

liabilities

Employee benefits 542,985 540,782

Credits to contracting/servicing 249,742 256,083

government

Subtotal 29,154,969

NON-CURRENT LIABILITIES
Employee benefits 23,745,512 24,856,048

Subtotal 24,856,048

TOTAL LIABILITIES 54,011,017

NET ASSETS

Accumulated deficit (1,852,094) (1,974,063)

Reserve (1,289,084) (1,785,904)

NET ASSETS (Net accumalated

deficit)

TOTAL LIABILITIES AND NET 70,519,710

ASSETS
 FORM FOR BID SECURITY

(This must be finalized using the official letterhead of the Issuing Bank. Except for indicated fields,
no changes may be made in this template.)

To: BANGKO SENTRAL NG PILIPINAS

[Insert contact information as provided in Data Sheet]

WHEREAS Engr. Angelica A. Gonzales (hereinafter called "the Bidder") has submitted a Bid to
BANGKO SENTRAL NG PILIPINAS dated Dec 12, 2022, to deliver goods and execute related services
for PROPOSED CONSTRUCTION OF THREE CLASSROOMS (hereinafter called "the Bid"):

AND WHEREAS it has been stipulated by you that the Bidder shall furnish you with a Bank
Guarantee by a recognized bank for the sum specified therein as security in the event that the Bidder:
a) Fails to sign the Contract after BANGKO SENTRAL NG PILIPINAS has awarded it;
b) Withdraws its Bid after the date of the opening of the Bid;
c) Fails to comply with BANGKO SENTRAL NG PILIPINAS's variation of requirement, as per
RFQ (RFQ/UNDP/KW/2018/01); or
d) Fails to furnish Performance Security, insurances, or other documents that BANGKO
SENTRAL NG PILIPINAS may require as a condition to rendering the contract effective.

AND WHEREAS we have agreed to give the Bidder such this Bank Guarantee:

NOW THEREFORE we hereby affirm that we are the Guarantor and responsible to you, on
behalf of the Bidder, up to a total of [amount of guarantee] [in words and numbers], such sum being
payable in the types and proportions of currencies in which the Price Bid is payable, and we undertake to
pay you, upon your first written demand and without cavil or argument, any sum or sums within the limits
of [amount of guarantee as aforesaid] without your needing to prove or to show grounds or reasons for
your demand for the sum specified therein.

This guarantee shall be valid until__30__days after the date of validity of the bids.

SIGNATURE AND SEAL OF THE GUARANTOR BANK

Date: November 30 2022

Name of Bank: BANGKO SENTRAL NG PILIPINAS

Address: A. Mabini St. cor. P. Ocampo St.,Malate Manila, Philippines 1004

 FORM FOR PERFORMANCE SECURITY
(This must be finalized using the official letterhead of the Issuing Bank. Except for indicated fields,
no changes may be made in this template.)

To: BANKO SENTRAL NG PILIPINAS

[Insert contact information as provided in Data Sheet]

WHEREAS Engr.Claire Joy P. Alberto (hereinafter called "the Contractor") has undertaken, in
pursuance of Contract No. 20PCC112422 dated DECEMBER 12, 2022, to deliver the goods and execute
related services PROPOSED CONSTRUCTION OF THREE CLASSROOM. (hereinafter called "the
Contract"):

AND WHEREAS it has been stipulated by you in the said Contract that the Contractor shall
furnish you with a Bank Guarantee by a recognized bank for the sum specified therein as security for
compliance with his obligations in accordance with the Contract:

AND WHEREAS we have agreed to give the Contractor such a Bank Guarantee:

NOW THEREFORE we hereby affirm that we are the Guarantor and responsible to you, on
behalf of the Contractor, up to a total of [amount of guarantee] [in words and numbers], such sum being
payable in the types and proportions of currencies in which the Contract Price is payable, and we
undertake to pay you, upon your first written demand and without cavil or argument, any sum or sums
within the limits of [amount of guarantee as aforesaid] without your needing to prove or to show grounds
or reasons for your demand for the sum specified therein.

This guarantee shall be valid until a date_30_days from the date of issue by BANKO SENTRAL
NG PILIPINAS of a certificate of satisfactory performance and full completion of services by the
Contractor.

SIGNATURE AND SEAL OF THE GUARANTOR BANK

Date: November 30 2022

Name of Bank.: BANGKO SENTRAL NG PILIPINAS

Address: A. Mabini St. cor. P. Ocampo St.,Malate Manila, Philippines 1004

 Department of Public Works and Highways

Contract ID:
Contract Name: Claire Joy P. Alberto
Location of the Contract: Upper General Luna, Baguio City
-------------------------------------------------------------------------------------------------------------------
CONSTRUCTION CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT AGREEMENT, made this 30 day of November , _2022_, by and
between:

The GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES through the

Department of Public Works and Highways (DPWH) represented herein by
, duly authorized for this purpose, with main
office address at , hereinafter referred to as the
“PROCURING ENTITY”;

-and-

, a single
proprietorship/partnership/corporation/ joint venture organized and existing under and
by virtue of laws of the Republic of the
Philippines, with main office address at ,
represented herein by , duly authorized for
this purpose, hereinafter referred to as the “CONTRACTOR;”

WITNESSETH:

WHEREAS, the PROCURING ENTITY is desirous that the CONTRACTOR execute the
Works under Contract ID and Name, hereinafter called “the Works,” and the PROCURING
ENTITY has accepted the Calculated Bid of the CONTRACTOR for the execution and
completion of the Works at the calculated unit bid prices shown in the attached Bill of
Quantities, or a total Contract price of amount in words and numbers.

NOW, THEREFORE, for and consideration of the foregoing premises, the parties hereto agree
as follows:

1. In this CONTRACT AGREEMENT, words and expressions shall have the

same meanings as are respectively assigned to them in the Conditions of
Contract hereinafter referred to.
2. The following documents shall be attached, deemed to form, and be read and
construed as part of this CONTRACT AGREEMENT, and shall be interpreted
in the following order of priority:

a. This Contract Agreement

b. Documents forming part of the Contract Agreement:

(1) Notice of Award (NOA) with the Contractor’s signed

“conforme”
(2) Contractor’s Bid in the Form of Bid, including its Technical and
Financial Proposals, as calculated by the Procuring Entity and conformed
to by the Contractor through the NOA.

(3) Bidding Documents with Bulletins

(4) Specifications

(5) Drawings

(6) Special Conditions of Contract (SCC)

(7) General Conditions of Contract (GCC)

(8) Performance Security

(9) Integrity Pledge under Department Order No. 86, series of 2013

(10) Other Documents

(a) Construction Methods

(b) Construction Schedule in the form of PERT/CPM

Diagram or Precedence Diagram and Bar Chart with S-
Curve, or other approved tools of project scheduling, and
Cash Flow.

(c) Manpower Schedule

(d) Equipment Utilization Schedule

(e) Construction Safety and Health Program initially approved

by the
Head of the Procuring Entity
 (f) Contractor’s All Risk Insurance (CARI)

2. In consideration of the payments to be made by the PROCURING ENTITY

to the CONTRACTOR as hereinafter mentioned, the CONTRACTOR hereby
covenants with the PROCURING ENTITY to execute and complete the
Works and remedy any defects therein in conformity with the provisions of this
CONTRACT AGREEMENT in all respects.

In consideration of the execution and completion of the Works by the CONTRACTOR, the
PROCURING ENTITY hereby covenants to pay the CONTRACTOR the unit prices in the
CONTRACTOR’s Calculated Bid, as applied to the actual quantities accomplished as 1.
certified by the PROCURING ENTITY under the provisions of this CONTRACT
AGREEMENT, at the times and in the manner prescribed by this CONTRACT
AGREEMENT.

IN WITNESS WHEREOF, the parties hereto set their respective hands on the day, month
and year first above written.

PROCURING ENTITY:

CONTRACTOR:

Represented by: Engr. Claire Joy P. Alberto And Engr. Angelica A.

Gonzales

Witnessed by: Keith Harold E. Española

APPROVED (if the contracting party for the Procuring Entity is not the approving
authority):

Date of Approval: December 1 2022

CONTRACTOR’S CONSTRUCTION SAFETY AND HEALTH PROGRAM

 Date: November 30 2022

To: Liah Joyce T. Manalo

Pursuant to the provisions of Section 37.2.3 of the Implementing Rules and Regulations of
Republic Act No. 9184 and in accordance with the provisions of Department Order No.
129, series of 2014, of the Department of Public Works and Highways (DPWH)
and the provisions of the Memorandum dated 17 July 2014 of the Department of Labor
and Employment (DOLE), we hereby submit to you, as part of the contract documents for
the abovementioned contract awarded to us, our Construction Health and Safety Program
which, once approved by the DPWH and concurred in by the DOLE Regional Office
concerned, shall be implemented by us for the said contract.

1. Construction Safety and Health Committee: State the composition of the

Contractor’s Construction Safety and Health Committee, if one has been
formed. Otherwise, state an undertaking of the Contractor to organize such
committee and appoint its members before the start of construction work at
the project site.

2. Specific Safety Policies: State the specific safety policies which

the Contractor undertakes to observe and maintain in its construction site,
including the frequency of and persons responsible for conducting toolbox
and gang meetings.

3. Penalties and Sanctions: State the penalties and sanctions for

violations of the Construction Safety and Health Program.

4. Training:State the frequency, content and persons responsible for

orienting, instructing, and training all workers at the site with regard to the
Construction Safety and Health Program under which they operate.

5. Waste Disposal: State the manner of disposing waste arising from the
construction.

Submitted by:

Engr. CLaire Joy P. Alberto