AMENDING EXECUTIVE ORDER NO. 298 DATED AUGUST 12, 1940, ENTITLED “PRESCRIBING THE AUTOMATIC RENEWAL OF CONTRACTS, REQUIRING PUBLIC BIDDING BEFORE ENTERING INTO NEW CONTRACTS, AND PROVIDING EXCEPTIONS THEREFORE,” BY INSERTING THE FOLLOWING AS THE FOURTH PARAGRAPH THEREOF
However, highway district engineers, city engineers, or project engineers can make direct purchases with any known company in their respective province, or in nearby provinces, of spare parts for machinery and equipment used in public works which are of the make of the company and at its prices, less the usual discount extended to government offices and another discount for cash purchases, provided that if such purchases exceed P3,000.00 per month, prior authority shall be secured from the Secretary of Public Works and Communications; and, provided, further, that in all cases the approval of the Auditor General or his authorized representative shall be secured before such direct purchases are made.
Done in the City of Manila, this 27th day of December, in the year of Our Lord, nineteen hundred and fifty-five, and of the Independence of the Philippines, the tenth.
(Sgd.) RAMON MAGSAYSAY
President of the Philippines
By the President:
(Sgd.) MARIANO YENKO, JR.
Assistant Executive Secretary
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