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  • Straight Contract Award

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    Wingel Cascayan
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    This document outlines deductions that will be made from straight contract projects awarded by the Department of Public Works and Highways (DPWH) in the Philippines, including 10% retention, 2% withholding tax, and 5% business tax from the contract amount. It further details legal deductions of 3-5%, 10%, 2%, 5%, and 1% that will be made from the net collectible amount. The document provides conditions and instructions for the straight contract award and indicates it was prepared by an Engineering Aide and reviewed by a Supervising Engineer and Construction Head, with final approval from the Manager.

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    This document outlines deductions that will be made from straight contract projects awarded by the Department of Public Works and Highways (DPWH) in the Philippines, including 10% retention, 2% withholding tax, and 5% business tax from the contract amount. It further details legal deductions of 3-5%, 10%, 2%, 5%, and 1% that will be made from the net collectible amount. The document provides conditions and instructions for the straight contract award and indicates it was prepared by an Engineering Aide and reviewed by a Supervising Engineer and Construction Head, with final approval from the Manager.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    26 views1 page

    Straight Contract Award

    Uploaded by

    Wingel Cascayan
    This document outlines deductions that will be made from straight contract projects awarded by the Department of Public Works and Highways (DPWH) in the Philippines, including 10% retention, 2% withholding tax, and 5% business tax from the contract amount. It further details legal deductions of 3-5%, 10%, 2%, 5%, and 1% that will be made from the net collectible amount. The document provides conditions and instructions for the straight contract award and indicates it was prepared by an Engineering Aide and reviewed by a Supervising Engineer and Construction Head, with final approval from the Manager.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    COMPUTATION FOR THE AWARD OF STRAIGHT CONTRACT PROJECTS

    DPWH Deductions
    (less from Contract 10% Retention
    Amount) 2% Withholding Tax
    5% Business Tax
    Net Collectible (Balance Payable)

    Legal Deductions
    (less from Net 3%- 5%
    Collectible) 10%
    2%
    5%
    1%
    Straight Contract Award

    Conditions and Instructions


    1.)

    2.)

    Prepared by: Reviewed by:

    Engineering Aide Supervising Engineer Construction Head

    Approved by:

    Manager

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