Comelec still owes Smartmatic-Tim P300 million‏

November 15, 2010 3:26 am 

MANILA, Nov. 14 — AN official of the Commission on Elections (Comelec) revealed that they still owe Smartmatic – Total Information Management Inc. (TIM) some P300 million for the services the latter provided in the May 10 automated national and local elections.

Comelec Commissioner Rene Sarmiento said they still have the balance as they are awaiting for the complete report from International Foundation for Electoral Systems (IFES), that reviewed the activities in the electoral exercises held several months ago.

“Kung talagang may pagkukulang sila (Smartmatic-TIM), and then, dun natin hahabulin sila sa natitira pang ibabayad natin. May P300 million pang natitira (in the contract price),” he said.

The Comelec tapped the Washington, D.C.-based international poll organization to conduct the post-election evaluation, including the performance of Smartmatic-TIM.

The firm was given two months, which started in September and is set to conclude this month, to conduct the evaluation, based on the Terms of Reference agreed upon by the Comelec and IFES.

The holding out of the full payment is allowed under the Memorandum of Agreement (MOA) signed by Comelec and Smartmatic-TIM.

Article 4 of the contract states that the amount shall be paid based on the delivery on “the agreed critical milestones” identified in the contract.

The MOA furthered that the last 10 percent of the amount will be paid only upon meeting of the “Election Day Services & Completion Report and Final Acceptance in lieu of Retention of Warranty Security, within 30 days from receipt of Final Report”.

The total price of the poll automation contract is P7,191,484,739.48. (PNA) LOR/FGP/rsm

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