Awards Very Close to the Budget Ceiling
Contract cost is at or above 99.5% of ABC from Sumbong.
This is a statistical anomaly or indicator worth examining — not proof of wrongdoing, fraud, or corruption against any person.
Indicator: contract 24GG0061 was awarded at 100.00% of its ABC. Across its 22 recorded contracts, IBC INTERNATIONAL BUILDERS CORP was awarded at ≥99.5% of ABC 21 times (95.5%), versus 70.4% for flood-control contracts overall. This may be due to highly competitive bidding or precise cost estimation.
Only contractors and government agencies named in public procurement records are shown. Private individuals are not named.
Satellite before / after
Named in this indicator? Respond or report an error · Corrections policy
Project completion
Schedule fields from DPWH transparency portal records and the Sumbong sa Pangulo flood-control list — not inferred beyond those columns.
| Project | Prog. | Target end | Actual end | Days late | Status |
|---|---|---|---|---|---|
| Construction of Slope Protection along Allbunan River in Brgy. Banban, Galinog, llollo24GG0061 | 100% | December 29, 2024 | July 22, 2024 | — | completedsumbong source |
Start: February 16, 2024 · Source fetched October 21, 2026
Rule Definition
ContractCost / ABC ≥ 0.995 using metadata.abc and contract cost fields.
Triggering Data & citations
Contract cost is at or above 99.5% of approved budget for contract (ABC)
{
"deo": "Iloilo 2nd District Engineering Office",
"ratio": 0.9999992373056995,
"abcPhp": 120625000,
"threshold": 0.995,
"contractId": "24GG0061",
"contractor": "IBC INTERNATIONAL BUILDERS CORP",
"contractCostPhp": 120624908
}Source documents
Possible Innocent Explanations
- Accurate cost estimating
- Single qualified bid at market rate
- ABC set equal to engineer’s estimate
- This may be due to highly competitive bidding or precise cost estimation.