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Bacolod City, Philippines Friday, November 25, 2011
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Negros SP okays
P688M in projects

BY CARLA GOMEZ

The Negros Occidental Sangguniang Panlalawigan Wednesday approved a P550,661,600 supplemental budget, and  P137.6 million more for various other projects, for a total of P688.3 million.

Of the P550.6 million  from the supplemental budget, P450 million will be allocated  for the construction of the Negros First Cyber Center Building  at the Paglaum Sports Complex in Bacolod, P100,000,000  for the purchase of  sheep, P650,000 for information technology equipment for the  Bids and Awards members and P11,600 for the BAC office equipment.

The P550.6 million will be sourced from a P450 million laon from the Development Bank of the Philippines, P100 million loan from the Land Bank of the Philippines, and P661,600 from income earned from the sale of bidding documents, Board Member Salvador Escalante, SP Committee on Finance chairman, said yesterday.

The SP also granted Gov. Alfredo Marañon authority to sign a contract between the provincial government and Dynamic Builders, the winning bidder, for the construction of the Sipalay hospital, Escalante said.

The SP also approved  the allocation of P107,469,873 for the construction of the Merceditas Montilla District Hospital in Sipalay City,  P19,949,545 for