In view of the rescission of the contract of RENBAR CONSTRUCTION CORPORATION for the renovation of the old Operating Rooms 15 and 16 buildings, PGH Development Project at Taft Avenue, Manila, the said RENBAR CONSTRUCTION and BUILDERS and its proprietor, are hereby suspended/blacklisted from participating in any bidding or entering into any contract of whatever nature, in the DPWH and its line agencies for a period of one (1) year effective this date.

All concerned are likewise directed not to release any sum of money to RENBAR CONSTRUCTION CORPORATION or its proprietor, pending final determination and settlement of its financial obligations to the DPWH provided in Clause 100 of the DPWH Standard Specifications 1988 and P.D. 1870 due to the rescission of its contract above mentioned.

For strict compliance.

Adopted: 2 Oct. 1991

(Sgd.) JOSE P. DE JESUS
Secretary