How much is the allowable repair cost of government equipment?

Accounting 101 Government Auditing

Q: Hello ask ko lang re: repair and maintenance po vehicle worth P950,000.00 SVP po sya. Pwede po ba kami maglagay sa Terms of Reference namin na yun winning bidder ay required mag post ng warranty security equivalent to 5% total bid nya po? To be released 1 year after acceptance po.

Click the comment button to read the responses to this question.