Search results
Results From The WOW.Com Content Network
Metropolitan Waterworks and Sewerage System Regulatory Office [ edit ] The MWSS Regulatory Office (RO) was created in August 1997 by virtue of the Concession Agreements signed between the MWSS and the two concessionaires, Manila Water Company, Inc. [ 11 ] for the East Zone and Maynilad Water Services, Inc. for the West Zone.
As of 2011 water tariffs in Manila are set by the Board of MWSS upon recommendation of its regulatory office and on the basis of four mechanisms: [9] First, tariffs are adjusted automatically on the basis of exchange rate fluctuations applied to the company's debt. This mechanism is revenue-neutral.
Since 2019, there have been unexplained daily service interruptions that have been penalized by the Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS-RO). The MWSS last September 2022 slapped Maynilad with a P9.264-million fine for “unusual and prolonged” service interruptions experienced by customers from May to July 2022.
The concession contracts, which are expected to last for 25 years, included targets concerning coverage, service quality, and economic efficiency. The objective was to increase water coverage in Metro Manila to 96% by 2006. The companies were expected to be regulated by the newly created MWSS Regulatory Office, financed by the concessionaires.
The National Water Crisis Act [5] enacted by the Philippine government paved the way for government-run Metropolitan Waterworks and Sewerage System (MWSS) to turn over the operation of water utilities in the East Zone concession to Ayala-led Manila Water, and the West Zone of Metro Manila to Maynilad Water Services, Inc. in August 1997. This ...
EBSA is led by the Assistant Secretary of Labor for Employee Benefits Security, a Sub-Cabinet-level position requiring nomination by the President of the United States and confirmation by the United States Senate. The office is currently held by Lisa Gomez, who was sworn in as Assistant Secretary on October 11, 2022.
2014 operation subsidies and program funds that GOCCs received from the national government. GOCCs receive from the government "subsidies" and "program funds". [6] Subsidies cover the day-to-day operations of the GOCCs when revenues are insufficient while program funds are given to profitable GOCCs to pay for a specific program or project.
This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...