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Probe on the LTFRB-PAMI deal

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Probe on the LTFRB-PAMI deal

Post by jamsadain on Thu Jan 28, 2010 10:36 am

Lawmakers claim that the contract entered into by the Land Transportation Franchising and Regulatory Board and the Philippine Accident Managers Inc. (PAMI) was illegal, thus, the House committee on transportation will be conducting an investigation on it.

It was said that the deal was negotiated and did not pass through the usual process of bidding or through a competitive bidding. Claims that "the negotiated contract entered into by LTFRM and PAMI is not covered by the public bidding exemptions provided under the procurement law." shall be looked upon by the Lower House.

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