PROCUREMENT | Mark-up on OCM and Contractor’s Profit based on DPWH Do. No. 197, s. 2016
Question: Are Contractors bound to obey the standard markup on OCM and Profit of the DPWH Do. No. 197 series of 2016? What if the Contractor used higher rates but still has the LCRB and the bid is within the ABC?
What is your insight about this?
Government Accountants, Budget Officers, Treasurers and Auditors’ Forum