THE Office of the Ombudsman has dropped the administrative and criminal charges filed against former mayor Tomas Osmeña and some former and current Cebu City Government officials, as well as private respondents from the Gokongwei group, over the City Government’s joint venture agreement for the development of an integrated resort in the South Road Properties, of which the present Nustar Resort and Casino is now a part.
CO 2154, IV states that the prospective JV partner must meet certain technical requirements, which include having completed a similar project within a specific period and costing at least 75 percent of the JV activity subject of the selection process, and it should provide information about its ongoing and completed similar contracts.“When you enter into a contract, the requirement is, you have to present a license. If you look into the license of Nustar, it is a new license,” Saavedra said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: sunstaronline - 🏆 18. / 59 Read more »
Source: sunstaronline - 🏆 18. / 59 Read more »
Source: sunstaronline - 🏆 18. / 59 Read more »
Source: sunstaronline - 🏆 18. / 59 Read more »
Source: sunstaronline - 🏆 18. / 59 Read more »
Source: sunstaronline - 🏆 18. / 59 Read more »