This document is a National Budget Circular from the Philippine Department of Budget and Management that establishes new rules and regulations for granting Representation and Transportation Allowances (RATA) to government officials. It outlines the positions eligible for RATA, sets monthly RATA rates, provides guidelines for pro-rating allowances based on workdays, and specifies funding sources and agency responsibilities for implementation.
RFP Document of Solar Power Project in KarnatakaHeadway Solar
RFP Document of 500 MW Solar Power Project in Karnataka. Released by Karnataka Renewable Energy Development Limited.
This document is not a work of Headway Solar (http://headwaysolar.com/) and it has been released here for the benefit of the general public.
This document is a draft red herring prospectus for an initial public offering of 21,467,610 equity shares of Puravankara Projects Limited, representing 10.05% of the company's post-issue paid-up capital. The issue price per share will be between [X] and [Y] rupees. Some of the key risks mentioned include this being the company's first public issue so there is no formal market established for its shares, and investments in equity and equity-related securities involve risk. The book running lead managers for the issue are DSP Merrill Lynch Limited, Citigroup Global Markets India Private Limited, and Kotak Mahindra Capital Company Limited.
The document is a draft red herring prospectus for an initial public offering of shares of Vishwanath Sugar and Steel Industries Limited. Some key details:
- Vishwanath Sugar and Steel Industries Limited is proposing an IPO of equity shares with a face value of Rs. 10 each.
- The issue price and bid lot size will be decided by the company in consultation with the book running lead manager.
- Up to 50% of the issue will be available for allocation to qualified institutional buyers. Up to 30% of the QIB portion will be available for allocation to anchor investors.
- At least 15% of the issue will be available for allocation to non-institutional b
RfP for 1200 MW SOLAR POWER PROJECTS IN KARNATAKAHarish Sharma
This document is a Request for Proposal (RFP) issued by Karnataka Renewable Energy Development Limited (KREDL) to undertake the development of 1,200 MW of solar power projects across 60 taluks in Karnataka. Bidders can submit bids for one or more projects between 3-20 MW in size and the maximum capacity that can be allotted to a bidder is 1,200 MW. Selected bidders will be responsible for designing, financing, constructing, operating and maintaining the projects as per the terms of the Power Purchase Agreement (PPA) that will be signed with the concerned electricity supply companies. The RFP provides details on the bidding process, timelines, evaluation criteria, terms and conditions
RfP for tariff based competitive bidding by KREDL for the installation of 240...Harish Sharma
GoK had intended to undertake development of 1200 MW (Twelve Hundred MWs) (AC) solar
PV ground mount power plants in Karnataka to be implemented in 60 Taluks. Tender was floated
for the same and 48 bids for 48 Taluks have been received. As no bids were received for 12
Taluks, it is intended to undertake development of 240 MW (Two Hundred and Forty MW) (AC)
solar PV ground mount power plants in Karnataka to be implemented in 12 Taluks (hereinafter
referred to individually as the “Project” implemented in one Taluk and collectively referred as the
“Projects” implemented in multiple Taluks). GoK, through KREDL, has decided to carry out the
bidding process for selection of the Bidders to whom the Project(s) may be awarded.
A Bidder may submit Bids for developing the Project(s) under solar PV technology (Solar PV
ground mount Project). It is pertinent to mention that a Bidder can propose any number of Projects,
but the minimum capacity of the individual Project proposed by the Bidder shall be at least 3 MW
(AC) per Taluk, and the maximum capacity of the individual Project proposed by the Bidder shall
be limited to 20 MW (AC) per Taluk. However, the maximum capacity to be allotted to any Bidder
including its Parent, Group Business Entity (ies) either bidding as Single Bidder or as a Consortium
shall not exceed the aggregate maximum capacity of 240 MW (AC).
Bayer is developing a new crystal form of aspirin that dissolves under the tongue for faster relief of heart attack symptoms. If experiencing chest pain or other symptoms of a heart attack, one should immediately dissolve two aspirin tablets under the tongue, call for help, and wait seated near the door for assistance rather than lying down. Sharing information about this new fast-acting aspirin formulation could help save lives.
This document reflects on aging and the passage of time. It describes how the author now finds themselves in the "winter of their life," having reached old age sooner than expected. Many of their friends are now retired and showing signs of aging. Daily tasks that were once easy, like showering or staying awake, now require effort. The author encourages readers to make the most of their lives and accomplish their goals sooner rather than later, as winter comes faster than one may think.
RFP Document of Solar Power Project in KarnatakaHeadway Solar
RFP Document of 500 MW Solar Power Project in Karnataka. Released by Karnataka Renewable Energy Development Limited.
This document is not a work of Headway Solar (http://headwaysolar.com/) and it has been released here for the benefit of the general public.
This document is a draft red herring prospectus for an initial public offering of 21,467,610 equity shares of Puravankara Projects Limited, representing 10.05% of the company's post-issue paid-up capital. The issue price per share will be between [X] and [Y] rupees. Some of the key risks mentioned include this being the company's first public issue so there is no formal market established for its shares, and investments in equity and equity-related securities involve risk. The book running lead managers for the issue are DSP Merrill Lynch Limited, Citigroup Global Markets India Private Limited, and Kotak Mahindra Capital Company Limited.
The document is a draft red herring prospectus for an initial public offering of shares of Vishwanath Sugar and Steel Industries Limited. Some key details:
- Vishwanath Sugar and Steel Industries Limited is proposing an IPO of equity shares with a face value of Rs. 10 each.
- The issue price and bid lot size will be decided by the company in consultation with the book running lead manager.
- Up to 50% of the issue will be available for allocation to qualified institutional buyers. Up to 30% of the QIB portion will be available for allocation to anchor investors.
- At least 15% of the issue will be available for allocation to non-institutional b
RfP for 1200 MW SOLAR POWER PROJECTS IN KARNATAKAHarish Sharma
This document is a Request for Proposal (RFP) issued by Karnataka Renewable Energy Development Limited (KREDL) to undertake the development of 1,200 MW of solar power projects across 60 taluks in Karnataka. Bidders can submit bids for one or more projects between 3-20 MW in size and the maximum capacity that can be allotted to a bidder is 1,200 MW. Selected bidders will be responsible for designing, financing, constructing, operating and maintaining the projects as per the terms of the Power Purchase Agreement (PPA) that will be signed with the concerned electricity supply companies. The RFP provides details on the bidding process, timelines, evaluation criteria, terms and conditions
RfP for tariff based competitive bidding by KREDL for the installation of 240...Harish Sharma
GoK had intended to undertake development of 1200 MW (Twelve Hundred MWs) (AC) solar
PV ground mount power plants in Karnataka to be implemented in 60 Taluks. Tender was floated
for the same and 48 bids for 48 Taluks have been received. As no bids were received for 12
Taluks, it is intended to undertake development of 240 MW (Two Hundred and Forty MW) (AC)
solar PV ground mount power plants in Karnataka to be implemented in 12 Taluks (hereinafter
referred to individually as the “Project” implemented in one Taluk and collectively referred as the
“Projects” implemented in multiple Taluks). GoK, through KREDL, has decided to carry out the
bidding process for selection of the Bidders to whom the Project(s) may be awarded.
A Bidder may submit Bids for developing the Project(s) under solar PV technology (Solar PV
ground mount Project). It is pertinent to mention that a Bidder can propose any number of Projects,
but the minimum capacity of the individual Project proposed by the Bidder shall be at least 3 MW
(AC) per Taluk, and the maximum capacity of the individual Project proposed by the Bidder shall
be limited to 20 MW (AC) per Taluk. However, the maximum capacity to be allotted to any Bidder
including its Parent, Group Business Entity (ies) either bidding as Single Bidder or as a Consortium
shall not exceed the aggregate maximum capacity of 240 MW (AC).
Bayer is developing a new crystal form of aspirin that dissolves under the tongue for faster relief of heart attack symptoms. If experiencing chest pain or other symptoms of a heart attack, one should immediately dissolve two aspirin tablets under the tongue, call for help, and wait seated near the door for assistance rather than lying down. Sharing information about this new fast-acting aspirin formulation could help save lives.
This document reflects on aging and the passage of time. It describes how the author now finds themselves in the "winter of their life," having reached old age sooner than expected. Many of their friends are now retired and showing signs of aging. Daily tasks that were once easy, like showering or staying awake, now require effort. The author encourages readers to make the most of their lives and accomplish their goals sooner rather than later, as winter comes faster than one may think.
1. Several tricks are presented for relieving minor ailments and discomforts involving the ears, throat, sinuses, stomach, teeth, balance, nose bleeds, heart rate, breathing, brain freeze, numb limbs, and hiccups. These tricks involve stimulating specific nerves or reflexes through actions like scratching the ear, coughing during injections, pressing on certain areas of the face or body, changing body position while sleeping, and more. The document provides brief explanations for how each trick works and what physiological response it elicits to provide relief.
Mrs. Donovan met Father Flaherty on the street in Dublin, who recognized her as someone he married two years ago. When he asked if they had children yet and she said no, he offered to light a fertility candle for them in Rome. Years later when they met again, Mrs. Donovan told the Father she now had ten children, and revealed that her husband had gone to Rome to put out the candle.
This document discusses how drinking a tea made from green papaya cubes and green tea can help treat uric acid and gout issues. A friend with deforming toe joints from gout found significant improvement after a week and a normal toe joint state after two weeks of drinking the tea. Maintaining intake 1-3 times monthly helped prevent relapse, and others with long-term gout also recovered. An expert recommends boiling cut green papaya cubes in water first before adding tea leaves to make the treatment more effective.
Imee Marcos, the daughter of former Philippine dictator Ferdinand Marcos, is the beneficiary of an offshore trust called the Sintra Trust based in the British Virgin Islands. Documents show Imee was also a financial advisor for Sintra Trust and two other offshore entities, but did not disclose them in required asset statements as a politician. Investigators are looking into whether the offshore funds could contain ill-gotten wealth accumulated by Ferdinand Marcos through corruption during his rule. Imee did not respond to requests for comment about the offshore entities.
Padre Faura was a Spanish Jesuit priest born in 1840 who devoted his life to scientific research and establishing the Manila Observatory in the Philippines. He taught at the Ateneo Municipal and became the first director of the Observatory in 1865. Despite poor health, he worked tirelessly to establish weather stations across the Philippines and make the first official typhoon warning in 1879. Faura made major contributions to meteorology, seismology and astronomy before his death in 1897. The street in front of the Manila Observatory was named after him in recognition of his scientific achievements.
This document provides a style guide for web design with 100 dos and don'ts covering content, navigation, design, bandwidth usage, text presentation, images/colors, compatibility, and general tips. It is available online and as a free PDF from SpiderPro and can be distributed as long as the original file remains intact and unchanged. The guide hopes to provide useful recommendations for creating effective and efficient web pages and sites.
This document poses a variety of random questions on diverse topics ranging from legal definitions and human physiology to music, cooking, cartoons, and animal behavior.
The document summarizes key concepts from Chapter 2 of Organizational Behavior by Stephen P. Robbins. It discusses foundations of individual behavior, including biographical characteristics, abilities, learning theories, reinforcement schedules, and behavior modification. The main topics covered are defining individual differences, exploring concepts of intelligence and learning, describing conditioning and reinforcement, and applying behavior modification in organizations.
1. The application of soil mechanics principles in construction involves understanding soil properties and behavior in order to provide effective solutions. However, soil behavior can be complex and influenced by many factors.
2. Key factors that influence soil behavior include soil mineralogy, deposition method, water presence, applied forces, and disturbance history. Soil can be coarse-grained like sand or fine-grained like clay, and each behaves differently.
3. Proper understanding of these influencing factors and how they relate to soil shear strength and compaction is important for solving earthworks and foundation problems in construction. The document discusses several examples and principles to illustrate this.
The document contains 5 limit calculations:
1) The limit as x approaches 0 of sin(4x)/2x equals 2.
2) The limit as x approaches 0 of sin(2x)/1/2x equals 4.
3) The limit as x approaches 0 of tan(x)/2x is indeterminate.
4) The limit as x approaches 0 of sin(x)/cos(x)/2x equals 1/2.
5) The limit as x approaches 0 of 3x^2/6sin(2x) equals 18.
This executive order directs all departments of the Philippine executive branch to conduct a strategic review of their operations and organizations with the goal of rationalizing functions and improving service delivery. Departments must prepare rationalization plans outlining proposed changes to functions, staffing, and budgets. Government employees affected by the changes can choose to remain in service, retire, or be separated with incentives including additional retirement benefits. The order aims to make the bureaucracy more efficient while providing options and support for employees impacted by the reforms.
The document provides guidelines on the release of funds for FY 2023 national budget. It discusses the validity period of appropriations, release of obligational and disbursement authority through allotment orders, modification and use of savings. Key points include: Appropriations are valid until December 31, 2023; funds will be released through GAAAO and SARO/GARO; heads of agencies can approve modifications within activities while DBM approves changes between allotment classes or agencies. Savings can be used to augment deficiencies in existing items.
This circular outlines the conversion of positions performing staff and non-technical functions in the Philippine government to new administrative classes. It consolidates numerous lower-level administrative positions into broader titles like Administrative Aide and Administrative Assistant across sub-professional and professional levels. The circular provides guidelines for agencies to reallocate positions and notifies employees of changes to ensure proper implementation of the new classification system.
This document discusses the historical background of position classification and compensation schemes in local government units (LGUs) in the Philippines. It describes the laws and policies that have established guidelines for LGUs to classify positions and set salaries, including Presidential Decree 1136, Republic Act 6758, Republic Act 7160, and Administrative Order 42. It also outlines the position classification scheme that LGUs use which is based on duties, responsibilities, and salary grades determined by laws and regulations.
This document provides Q3 2016 results and supplemental information for InfraREIT, Inc. It highlights solid Q3 2016 performance with increases in lease revenue, net income, Non-GAAP EPS, CAD, and Adjusted EBITDA. It also discusses InfraREIT's pending rate case and updates on its Hunt Projects, including the Southline and Verde Transmission projects. Financial summaries show increases in key metrics like lease revenue, net income, and Adjusted EBITDA for both Q3 2016 compared to Q3 2015 and year-to-date 2016 compared to the same period in 2015.
InfraREIT reported solid Q1 2017 results with increases in lease revenue and net income in line with expectations. However, some non-GAAP measures were mixed. Non-GAAP EPS decreased slightly to $0.30 per share due to growth in operating expenses offsetting increased lease revenue. Adjusted EBITDA increased 7% to $40.8 million due to lease revenue growth. Capital expenditures were $52 million for ongoing system upgrades and to accommodate load growth in the service territory.
Two new pieces of legislation will come into effect on April 1, 2014 that will impact accounting standards in New Zealand. The Financial Reporting Act 2013 and the Financial Markets Conduct Act 2013 will replace previous legislation and affect standards issued by boards like the XRB. To address these changes, the boards have proposed amendments to standards. Key amendments include a new XRB A2 standard to define statutory size thresholds, changes to XRB A1 and terminology, and removal of limitations to the "true and fair override" in standards. Most provisions in the new legislation and related standard amendments will be effective April 1, 2014.
This executive order outlines guidelines for granting the 2015 Productivity Enhancement Incentive (PEI) to government employees. It stipulates that the PEI will be equivalent to one month's basic salary for employees of agencies that meet specified performance targets from 2014. These targets include achieving 90% of targets for major outputs and complying with transparency and anti-red tape requirements. It also provides details on employee eligibility requirements, funding sources, and oversight responsibilities to ensure proper implementation of the PEI program.
1. Several tricks are presented for relieving minor ailments and discomforts involving the ears, throat, sinuses, stomach, teeth, balance, nose bleeds, heart rate, breathing, brain freeze, numb limbs, and hiccups. These tricks involve stimulating specific nerves or reflexes through actions like scratching the ear, coughing during injections, pressing on certain areas of the face or body, changing body position while sleeping, and more. The document provides brief explanations for how each trick works and what physiological response it elicits to provide relief.
Mrs. Donovan met Father Flaherty on the street in Dublin, who recognized her as someone he married two years ago. When he asked if they had children yet and she said no, he offered to light a fertility candle for them in Rome. Years later when they met again, Mrs. Donovan told the Father she now had ten children, and revealed that her husband had gone to Rome to put out the candle.
This document discusses how drinking a tea made from green papaya cubes and green tea can help treat uric acid and gout issues. A friend with deforming toe joints from gout found significant improvement after a week and a normal toe joint state after two weeks of drinking the tea. Maintaining intake 1-3 times monthly helped prevent relapse, and others with long-term gout also recovered. An expert recommends boiling cut green papaya cubes in water first before adding tea leaves to make the treatment more effective.
Imee Marcos, the daughter of former Philippine dictator Ferdinand Marcos, is the beneficiary of an offshore trust called the Sintra Trust based in the British Virgin Islands. Documents show Imee was also a financial advisor for Sintra Trust and two other offshore entities, but did not disclose them in required asset statements as a politician. Investigators are looking into whether the offshore funds could contain ill-gotten wealth accumulated by Ferdinand Marcos through corruption during his rule. Imee did not respond to requests for comment about the offshore entities.
Padre Faura was a Spanish Jesuit priest born in 1840 who devoted his life to scientific research and establishing the Manila Observatory in the Philippines. He taught at the Ateneo Municipal and became the first director of the Observatory in 1865. Despite poor health, he worked tirelessly to establish weather stations across the Philippines and make the first official typhoon warning in 1879. Faura made major contributions to meteorology, seismology and astronomy before his death in 1897. The street in front of the Manila Observatory was named after him in recognition of his scientific achievements.
This document provides a style guide for web design with 100 dos and don'ts covering content, navigation, design, bandwidth usage, text presentation, images/colors, compatibility, and general tips. It is available online and as a free PDF from SpiderPro and can be distributed as long as the original file remains intact and unchanged. The guide hopes to provide useful recommendations for creating effective and efficient web pages and sites.
This document poses a variety of random questions on diverse topics ranging from legal definitions and human physiology to music, cooking, cartoons, and animal behavior.
The document summarizes key concepts from Chapter 2 of Organizational Behavior by Stephen P. Robbins. It discusses foundations of individual behavior, including biographical characteristics, abilities, learning theories, reinforcement schedules, and behavior modification. The main topics covered are defining individual differences, exploring concepts of intelligence and learning, describing conditioning and reinforcement, and applying behavior modification in organizations.
1. The application of soil mechanics principles in construction involves understanding soil properties and behavior in order to provide effective solutions. However, soil behavior can be complex and influenced by many factors.
2. Key factors that influence soil behavior include soil mineralogy, deposition method, water presence, applied forces, and disturbance history. Soil can be coarse-grained like sand or fine-grained like clay, and each behaves differently.
3. Proper understanding of these influencing factors and how they relate to soil shear strength and compaction is important for solving earthworks and foundation problems in construction. The document discusses several examples and principles to illustrate this.
The document contains 5 limit calculations:
1) The limit as x approaches 0 of sin(4x)/2x equals 2.
2) The limit as x approaches 0 of sin(2x)/1/2x equals 4.
3) The limit as x approaches 0 of tan(x)/2x is indeterminate.
4) The limit as x approaches 0 of sin(x)/cos(x)/2x equals 1/2.
5) The limit as x approaches 0 of 3x^2/6sin(2x) equals 18.
This executive order directs all departments of the Philippine executive branch to conduct a strategic review of their operations and organizations with the goal of rationalizing functions and improving service delivery. Departments must prepare rationalization plans outlining proposed changes to functions, staffing, and budgets. Government employees affected by the changes can choose to remain in service, retire, or be separated with incentives including additional retirement benefits. The order aims to make the bureaucracy more efficient while providing options and support for employees impacted by the reforms.
The document provides guidelines on the release of funds for FY 2023 national budget. It discusses the validity period of appropriations, release of obligational and disbursement authority through allotment orders, modification and use of savings. Key points include: Appropriations are valid until December 31, 2023; funds will be released through GAAAO and SARO/GARO; heads of agencies can approve modifications within activities while DBM approves changes between allotment classes or agencies. Savings can be used to augment deficiencies in existing items.
This circular outlines the conversion of positions performing staff and non-technical functions in the Philippine government to new administrative classes. It consolidates numerous lower-level administrative positions into broader titles like Administrative Aide and Administrative Assistant across sub-professional and professional levels. The circular provides guidelines for agencies to reallocate positions and notifies employees of changes to ensure proper implementation of the new classification system.
This document discusses the historical background of position classification and compensation schemes in local government units (LGUs) in the Philippines. It describes the laws and policies that have established guidelines for LGUs to classify positions and set salaries, including Presidential Decree 1136, Republic Act 6758, Republic Act 7160, and Administrative Order 42. It also outlines the position classification scheme that LGUs use which is based on duties, responsibilities, and salary grades determined by laws and regulations.
This document provides Q3 2016 results and supplemental information for InfraREIT, Inc. It highlights solid Q3 2016 performance with increases in lease revenue, net income, Non-GAAP EPS, CAD, and Adjusted EBITDA. It also discusses InfraREIT's pending rate case and updates on its Hunt Projects, including the Southline and Verde Transmission projects. Financial summaries show increases in key metrics like lease revenue, net income, and Adjusted EBITDA for both Q3 2016 compared to Q3 2015 and year-to-date 2016 compared to the same period in 2015.
InfraREIT reported solid Q1 2017 results with increases in lease revenue and net income in line with expectations. However, some non-GAAP measures were mixed. Non-GAAP EPS decreased slightly to $0.30 per share due to growth in operating expenses offsetting increased lease revenue. Adjusted EBITDA increased 7% to $40.8 million due to lease revenue growth. Capital expenditures were $52 million for ongoing system upgrades and to accommodate load growth in the service territory.
Two new pieces of legislation will come into effect on April 1, 2014 that will impact accounting standards in New Zealand. The Financial Reporting Act 2013 and the Financial Markets Conduct Act 2013 will replace previous legislation and affect standards issued by boards like the XRB. To address these changes, the boards have proposed amendments to standards. Key amendments include a new XRB A2 standard to define statutory size thresholds, changes to XRB A1 and terminology, and removal of limitations to the "true and fair override" in standards. Most provisions in the new legislation and related standard amendments will be effective April 1, 2014.
This executive order outlines guidelines for granting the 2015 Productivity Enhancement Incentive (PEI) to government employees. It stipulates that the PEI will be equivalent to one month's basic salary for employees of agencies that meet specified performance targets from 2014. These targets include achieving 90% of targets for major outputs and complying with transparency and anti-red tape requirements. It also provides details on employee eligibility requirements, funding sources, and oversight responsibilities to ensure proper implementation of the PEI program.
InfraREIT provided its 2016 full year results and supplemental information. It reported solid Q4 2016 performance with an increase in lease revenue and net income in line with expectations. Key highlights included strong growth in Sharyland's service territory with peak load and distribution volume increases, as well as ongoing projects with Hunt. InfraREIT is focused on regulated transmission and distribution opportunities within its footprint, maintaining a strong financial profile to support growth, and growing dividends.
The document provides guidelines for local government units (LGUs) in the Philippines to prepare Devolution Transition Plans (DTPs) as the responsibilities of national government agencies are gradually transferred to LGUs. It outlines the key components that must be included in DTPs such as assessments of current capacities and services, plans to phase in the assumption of new functions, capacity development requirements, financial forecasts, and performance targets. LGUs at all levels are directed to coordinate in developing their DTPs within set timeframes to ensure a coherent transition towards a more decentralized system of governance.
InfraREIT reported its Q2 2017 results with the following highlights:
- Revenue and net income increased 20% and 10% respectively due to rate case outcomes.
- Non-GAAP metrics like EPS of $0.20 and CAD of $13.6 million were consistent with or up from prior year.
- The company reached agreements to exchange $400 million in distribution assets for $380 million in transmission assets from Oncor and dismiss ongoing rate cases, pending approvals.
- The footprint shift and agreements are expected to provide a more stable regulatory environment and increased investment opportunities going forward.
This memorandum circular provides supplemental guidelines for granting performance-based bonuses (PBB) for fiscal year 2014 under Executive Order No. 80. Key points include: eligibility criteria that departments/agencies must meet minimum targets to qualify for PBB; forms to submit performance targets and accomplishments; and timelines for submission of requirements and reports. Departments/agencies can qualify for higher bonuses by meeting additional targets set by their Secretary beyond the Congress-approved budget.
4Q2017 Results and Supplemental InformationInfraREIT
InfraREIT reported full year 2017 results with the following key points:
1) Lease revenue grew 11% due to increased assets under lease, partially offset by lower lease pricing reflecting a lower allowed cost of debt assumption.
2) Net income decreased $52 million primarily due to a $56 million regulatory adjustment for the Tax Cuts and Jobs Act.
3) Cash available for distribution increased 8% to $80 million and adjusted EBITDA rose 9% to $169 million.
The Government of Kerala revised the monthly and quarterly travel allowance ceilings for state government employees based on recommendations from the 10th Pay Commission. The order increases the existing ceilings for different grades of officers based on their pay scale and area of jurisdiction. Additional conditions were imposed for travel outside an officer's jurisdiction and the state. The revisions are effective prospectively.
In late January, the FASB released two proposed accounting standards updates that affect Topic 715, Compensation—Retirement Benefits. One is designed to improve the presentation of net periodic pension cost and net periodic post-retirement benefit cost. The exposure draft seeks to clarify where entities report pension-related costs and how the costs are presented within the financial statements. The other addresses disclosure requirements for defined benefit plans.
- Indian Oil Corporation (IOCL) is India's largest commercial enterprise with annual revenue of over Rs. 457 thousand crore and market share of 49% in petroleum products.
- It has refining capacity of 31% of India and employs over 34,000 people across its divisions including refinery, pipeline, marketing, and research and development.
- IOCL uses SAP R3 version 7300.2.5.1084 as its ERP system to provide real-time online information and has recently added a bill tracking system to improve invoice processing between IOCL and its vendors.
- Indian Oil Corporation (IOCL) is India's largest commercial enterprise with annual revenue of over Rs. 457 thousand crore and market share of 49% in petroleum products.
- It has refining capacity of 31% of India's total and employs over 34,000 people across its divisions including refinery, pipeline, marketing, and research and development.
- IOCL uses SAP R3 version 7300.2.5.1084 as its ERP system to provide real-time online information and has recently added a bill tracking system to improve invoice clearing between IOCL and its vendors.
InfraREIT reported solid third quarter 2017 results with most metrics slightly better than expectations. Lease revenue increased 4% due to more assets under lease, partially offset by lower lease pricing. Net income decreased 10% primarily due to lower lease revenue growth and costs related to an asset exchange transaction. Non-GAAP EPS was $0.36. The company also provided an update on the asset exchange transaction with Oncor and highlighted growth opportunities in its expanded footprint in Texas, including a pipeline of projects with Hunt. Forward guidance was updated with 2017 Non-GAAP EPS expected in the range of $1.20 to $1.24.
This document summarizes corruption and dirty political tactics occurring in the Philippines leading up to their May 13th elections. It discusses how political candidates are engaging in "scorpions-in-the-bottle" fights by releasing private information about each other, and smearing each other with "black propaganda." It also discusses corruption investigations into politicians, like allegations that Senator Loren Legarda didn't properly disclose a condo purchase in financial statements. The document argues that corruption has become normalized in Philippine society, and poses dangers if left unchecked.
This document summarizes corruption issues in the Philippines surrounding upcoming elections on May 13th. It discusses "dirty tricks" being used in political campaigns including the release of private records and smear campaigns against opponents. Specific cases highlighted include a senator being accused of failing to disclose property in the US and a congressman releasing his medical records to preempt opponents. The document also discusses how corruption has become normalized in parts of Philippine society and politics.
The Presidential Commission on Good Government continues to search for former Philippine dictator Ferdinand Marcos' vast ill-gotten wealth over 27 years after he was ousted. Investigators have recovered less than half of the estimated $10 billion amassed through corruption by Marcos and his wife Imelda. However, members of the Marcos family have succeeded in returning to positions of power in Philippine politics, challenging efforts to fully recover and redistribute the stolen assets. The case of the Panamanian company Arelma, which held secret Swiss bank accounts, exemplifies the complex legal battles still ongoing internationally to finally secure the remaining missing public funds.
Bananas are one of the most popular fruits in the world due to their convenient size, packaging, and low cost. They provide many health benefits such as potassium to regulate blood pressure, vitamin C for immune support, and antioxidants that combat free radicals. Studies show bananas may reduce the risk of diseases like cancer, diabetes, and stroke. While bananas are highly nutritious, they should be consumed in moderation due to their natural sugar content.
Las Vegas churches accept gambling chips as donations from worshippers since there are more Catholic churches than casinos in Las Vegas. The churches collect chips from many casinos and send them to a nearby Franciscan monastery where monks sort the chips and cash them in at the originating casinos.
The Göltzschtalbrücke in Germany is the world's largest brick viaduct. Built between 1846 and 1851, it required over 26 million bricks and stands 78 meters tall, 574 meters long, and 23 meters wide at its base. It has 29 spans and was the first bridge to be calculated based on static data rather than previous architectural designs. Though an unusual building material, brick was chosen because of abundant local clay sources. Over 1,700 workers helped construct the bridge, with 31 deaths occurring during construction. It became the highest railway bridge in the world upon completion and remains the largest brick bridge ever built.
GreenPatch is an environmentally friendly cold asphalt patch that contains no petroleum-based softeners like conventional patches. It is a direct replacement for traditional cold patch without compromising quality or increasing costs. GreenPatch does not contain volatile organic compounds and uses recycled materials, reducing its environmental impact. It was developed by Cold Mix Manufacturing to provide a competitive and eco-friendly alternative to traditional cold patch for repairing roads and driveways.
This document presents an eye-opening way to visualize sugar consumption by noting that 4.2 grams of sugar is equivalent to 1 teaspoon or 1 sugar cube. Seeing sugar broken down into individual cubes helps drive home how much sugar people consume on a daily basis. The document suggests doing the same with salt to further illustrate consumption levels.
Padre Faura was a Spanish Jesuit priest born in 1840 who devoted his life to scientific research and establishing the Manila Observatory in the Philippines. He taught at the Ateneo Municipal and became the first director of the Observatory in 1865. Despite poor health, he worked tirelessly to establish weather stations, study typhoons and earthquakes, and acquire new instruments. He made the first official typhoon warning in 1879 which saved many lives. Faura is recognized as the foremost scientific pioneer in the Philippines, and the street in front of the Manila Observatory is named after him in recognition of his contributions. He passed away in 1897 after faithfully serving the people of the Philippines.
This document provides information about melamine being added to milk powder in China, including:
1. Melamine is an industrial chemical that was illegally added to milk powder in China to increase the apparent protein content and profits. It caused kidney problems and deaths when consumed.
2. Many Chinese and foreign food products tested positive for melamine in 2007-2008, prompting warnings to avoid Chinese dairy products.
3. Consuming melamine can cause kidney stones and permanent kidney damage, requiring long-term dialysis or potentially leading to death. The risks are greater for infants and young children.
This document lists 14 useful tips for using salt, including using salt to easily clean up broken eggs from the floor, soak stained fabrics, keep ants away from shelves, help remove fish scales more easily when descaling, pour rice into a salt shaker for easier pouring, prevent salad greens from wilting, test the freshness of eggs, keep cracked eggs in their shells while boiling, make fluffier egg whites, freshen wrinkled apples, prevent pancakes from sticking to a griddle, extend the life of new toothbrushes, clean discolored coffee pots, and whiten bathtubs and toilets. The document encourages sharing these salt tips.
This document summarizes two consolidated petitions before the Supreme Court regarding Commission on Audit (COA) disallowances of certain allowances and benefits granted by the Government Service Insurance System (GSIS) to its employees. The COA disallowed increases to allowances after 1989, citing limits under the Salary Standardization Law. GSIS challenged these disallowances. The Court had to determine the scope of the GSIS Board of Trustees' authority to grant compensation and whether COA disallowances could be deducted from employee retirement benefits.
This document summarizes two consolidated petitions before the Supreme Court of the Philippines regarding allowances and benefits granted to GSIS (Government Service Insurance System) employees.
1) COA (Commission on Audit) disallowed increases to certain GSIS employee allowances and benefits after 1989, citing laws that integrated most allowances into standardized salary rates. GSIS challenged these disallowances.
2) Some retired GSIS employees also challenged deductions from their retirement benefits that corresponded to disallowed allowances they had received. GSIS insisted the deductions were valid while the retirees argued otherwise.
The Supreme Court consolidated the two cases to determine the authority of GSIS and COA regarding public employee compensation.
This document discusses the relationship between loneliness and poverty, using the example of Brian Armstrong, President of Renault, and his girlfriend. It states that their relationship is not based on love, but rather he hates being lonely and she hates poverty, representing how the desire to not be lonely or in poverty can drive people's motivations and relationships. The document suggests using this example to explain to children why they need to study and work hard to continue making money.
This document is a sworn statement of assets, liabilities, and net worth that must be filed by public officials and employees in the Philippines as required by law. It requires the declaration of the official's personal details and positions held, assets like real estate and personal property, liabilities, net worth, business interests, financial connections, and relatives in government. The official certifies the accuracy of the statement and authorizes the Ombudsman to obtain supporting documentation from government agencies.
1. ,
REPUBLIC OF THE PHILIPPINES
Department of Budget and Management
Boncodin Hall, General Solano Street, Sim Miguel, Manila
I NATIONAL BUDGET CIRCULAR ~ No. 546
January 17, 2013
TO Heads of Departments, Bureaus, Offices and Agencies of
the National Government, Including State Universities and
Colleges (SUCs); Government-Owned or -Controlled
Corporations (GOCCs) and Government Financial
Institutions (GFIs); and All Others Concerned
SUBJECT Rules and Regulations on the Grant of Representation and
Transportation Allowances
1.0 Background
1.1 Item (4)(g)(i) of the Senate and House of Representatives Joint
Resolution (JR) No. 4 s. 2009, lists the Representation. and
Transportation Allowances among the Specific-Purpose Allowances and
Benefits under the Total Compensation Framework of the Compensation
and Position Classification System established. under Republic Act (R.A.)
No. 67582, amended. 'These are granted to government officials down to
division chiefs at monthly standard rates in order to defray representation
and transportation expenses while in the actual performance of the duties
and responsibilities of their positions.
1.2 Section 45 of the General Provisions of R.A. No. 10352, the FY 2013
General Appropriations Act (GAA), provides new rates of Representation
and Transportation Allowances, as well as the policies governing their
grant.
2.0 Purpose
This Circular is issued to prescribe rationalized and updated rules and regulations
on the grant of Representation Allowance (RA) and Transportation Allowance
(TA) or RATA.
1 JR NO.4 - "Joint Resolution Authorizing the President of the Philippines to Modify the
Compensation and Position Classification System of Civilian Personnel and the Base Pay Schedule
of Military and Uniformed Personnel in the Government, and for other Purposes," approved on
June 17, 2009
2 RA No. 6758 - "An Act Prescribing a Revised Compensation and Position Classification System
in the Government and for Other Purposes," dated August 21, 1989
2. 3.0 Coverage
The following are covered by this Circular:
3.1 Those holding regular positions entitled to RATA under the pertinent
general provision of the annual GAA;
3.2 Those whose regular positions in agency staffing patterns have been
determined by the Department of Budget and Management (DBM) to be
of equivalent ranks to those under sub-item 3.1.
3.3 Those who occupy positions in agency staffing patterns consisting of
contractual positions and determined by the DBM to be of equivalent
ranks to those in sub-tem 3.1.
3.4 Those duly designated by competent authorities to perform the full-time
duties and responsibilities as Officers-in-Charge (DIes) of regular or
contractual positions under sub-items 3.1, 3.2, and 3.3, authorized in
agency staffing patterns, whether or not in concurrent capacities; and
3.5 Designated Vice Presidents, deans of colleges, directors of
centers/institutes/services and satellite campuses duly authorized by law,
and department heads in SUCs consistent with National Budget Circular
No. 404.
4.0 Authorized Monthly RATARates
4.1 The authorized monthly rates for each type of allowance shall be as
prescribed under the pertinent general provision of the annual GAA.
Pursuant to Section 45 of the General Provisions of R.A. No. 10352, the
FY 2013 GAA, the new monthly rates effective January 1, 2013 follow:
Monthly RATA
Officials RAorTA Code
Department Secretaries
and those of equivalent ranks P14,000 RTl
Department Undersecretaries
and those of equivalent ranks 11 000 RT2
Department Assistant Secretaries
and those of equivalent ranks 10000 RT3
Bureau Directors,
Department Regional Directors,
and those of equivalent ranks 9,000 RT4
Assistant Bureau Directors,
Department Assistant Regional Directors,
Bureau Regional Directors,
Department Service Directors,
and those of equivalent ranks 8,500 RT5
Assistant Bureau Regional Directors
and those of equivalent ranks 7,500 RT6
Chiefs of Division identified as such
in the Personal ServicesItemization
and Plantilla of Personnel
and those of equivalent ranks 5,000 RT7
2
3. .,
4.2 In line with Section 45 of the General Provisions of R.A. No. 10352:
4.2.1 No amount of RA or TA, whether commutable or reimbursable,
which exceed the authorized rates may be granted to the
foregoing officials, whether or not their positions are covered by
R.A. No. 6758, as amended.
4.2.2 Previous administrative authorizations inconsistent with the
authorized rates and conditions specified herein are no longer
valid.
5.0 RATA for Incumbents of Positions
5.1 For Incumbents Who Are Not Assigned or Who Do Not Use Government
Motor Transportation
5.1.1 The commutable RATA. for the month shall be granted to
incumbents of regular or contractual positions entitled to RATA.
5.1.2 To rationalize the grant of RATA based on actual performance in
a month, and considering that RATAshould be spent prudently,
the commutable RATA shall be pro-rated based on the number
of days of actual work performance on workdays, exclusive of
leaves of absence with pay. The RATASchedule3 follows:
Number of Workdays of
Actual Work Performance
in'a Month Actual RATA for a Month
1 to 6 workda s 25% of the monthl RATA
7 to 12 workda s 50% of the monthl RATA
13 to 18 workda s 75% of the monthl RATA
19 workda s and more 100% of the monthl RATA
5.2 For Incumbents Who Are Assigned or Who Use Motor Transportation
5.2.1 Those who are assigned or who use government motor
transportation shall no longer be entitled to the commutable TA,
but only to the commutable RAfor the month.
3 To illustrate the application of the RATA schedule:
Official with Corresponding Number of Workdays of Actual RATA for a Month
Actual Work Perfo"rmance in a Month
Official A - 5 workdays 25% ofthe monthly RATA
Official B - 8 workdays 50% of the monthly RATA
Official C - 15 workdays 75% of the monthly RATA
Official D - 23 workday s 100% of the monthly RATA
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4. , 5.2.2 The grant of commutable RA shall be pro-rated based on the
number of days of actual work performance on workdays,
exclusive of leaves of absence with pay. The RA Schedule
follows:
Number of Workdays of
Actual Work Performance
in a Month Actual RA for a Month
1 to 6 workda s 25% of the monthl RA
7 to 12 workda s 50% of the monthI RA
13 to 18 workda s 75% of the monthI RA
19 workda s and more 100% of the monthl RA
5.2.3 Upon issuance of a government motor transportation, an official
shall no longer be entitled to TA. In exceptional cases when
an official is prevented from the use of a government motor
transportation for 3 days or more, such as when the motor
vehicle undergoes repair and a replacement vehicle
is not provided, the grant of commutable TA may be allowed,
pro-rated based on the number of days of actual work
performance on workdays, exclusive of leaves of absence with
pay. The TA Schedule follows:
Number of Workdays of
Actual Work Performance
in a Month Without an Actual TA for a Month
Official Vehicle
3 to 6 workda s 25% of the monthl
7 to 12 workda s 50% of the monthl
13 to 18 workda s 75% of the monthl TA
19 workda s and more 100% of the monthl TA
6.0 RATA for Oles of Positions Entitled to These Allowances
6.1 For OICs Who Are Not Assigned or Who Do Not Use Government Motor
Transportation
6.1.1 An OIC of a position, authorized in an agency staffing pattern
and entitled to RATA, may be allowed to collect the RATA for
the position on a reil1lbursable basis, if stipulated in the office
. order designating him/her as such.
6.1.2 The provisions of sub-item 5.1.2 shall apply.
6.2 For orcs Who Are Assigned or Who Use Motor Transportation - The
provisions of sub-items 5.2.1, 5.2.2, and 5.2.3 shall apply.
6.3 Those designated as orcs to positions in agency internally created
organizational units whose staffing are not authorized by DBM, thus are
considered as ad-hoc arrangements, are not entitled to RATA.
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5. 7.0 Monthly RATAWhile on Concurrent capacity
When an incumbent entitled to RATA in his/her position is subsequently
designated as Ole of a higher position in concurrent capacity, he/she shall be
entitled to the difference between the RATA of the two positions. When an
incumbent is designated as ole of a lower position in concurrent capacity, no
additional RATAmay be collected.
8.0 While on Full-Time Detail or Re-Assignment
8.1 An official shall not be entitled to RATA while on full-time detail to
another government agency or on re-assignment within the same agency
or to a special project, as mandated or as a direct consequence of law or
office order, or personnel action based on his/her voluntary action and
consent.
8.2 However, when the duties and responsibilities of the official under sub-
item 8.1 are comparable with those of his/her regular position, as
certified by the agency head concerned, he/she may be authorized to
continue to collect RATA,subject to the availability of funds.
9.0 While on SCholarship/Study/Training Grant
9.1 An official shall not be entitled to RATA while on authorized full-time
attendance in a long-term scholarship/study/training grant or similar
activity since he/she is unable to perform the duties and responsibilities
of his/her position. .
9.2 However, an official may be authorized to continue to collect RATAon a
reimbursable basis, subject to the availability of funds, under the
following conditions:
9.2.1 the attendance in the study/training grant or similar activity is
short-term;
9.2.2 the study/training is aimed to directly enhance the performance
of the duties and responsibilities of the position; and
9.2.3 the study/training requires frequent interaction, coordination,
and mobility in order to fulfill the requirements of the course,
for which expenses are not covered by the study/training grant
as certified by the agency head.
10.0 Designated Vice Presidents, Deans of Colleges, Directors of Centers,
Institutes/Services and Satellite Campuses, and Department Heads in
SUCs
10.1 For Those, Not Assigned or Who Do Not Use Government Motor
Transportation
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6. 10.1.1 A faculty member designated as Vice President, dean of a
college, director of a center/institute/service or a satellite
campus, or a department head in a SUC may be authorized to
collect the RATAfor the virtual position on a reimbursable basis,
ifstipulated in the office order designating him/her as such.
10.1.2 The provisions of sub-item 5.1.2 shall apply.
10.2 For Designees Who Are Assigned or Who Use Government Motor
Transportation - The provisions of sub-items 5.2.1, 5.2.2, and 5.2.3 shall
apply.
11.0 Fund Sources
11.1 National Government Agencies (NGAs), Including SUCs
11.1.1 The amounts required for the grant of commutable or
reimbursable RATA to incumbents or OIes of regular positions
and to designated officials in SUCs shall be charged to the
respective agency appropriations/budgets for the purpose. In
case of deficiencies, the same shall be charged against agency
savings.
11.1.2 The amounts required for the grant of RATA to incumbents or
OICs of contractual positions shall be charged against the
respective agency lump sum appropriations from which their
salaries are drawn.
11.2 In GOCCsand GFls, the amounts required shall be charged against the
respective corporate operating budgets. In case of insufficiency of funds
to fully implement the RATA rates, the same may be granted partially at
uniform percentages of the RATArates for all positions.
11.3 The reimbursable RATAfor those on detail to other government agencies
shall be charged to the appropriations/budgets of their parent agencies.
12.0 Responsibilities of Agency Heads
Agency Heads shall be held responsible for the proper implementation of this
Circular. They shall be held liable for any grant of RATA not in accordance with
the provisions of this Circular, without prejudice, however, to the refund of any
undue payments received by the officials concerned.
13.0 saving Clause
Casesnot covet"edby the provisions of this Circular shall be referred to the DBM
for resolution.
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7. •
14.0 Repealing Clause
All provisions of existing circulars or issuances on the grant of RATA that are
inconsistent with the provisions of this Circular are repealed or superseded
accordingly.
15.0 Effectivity
This Circular shall take effect January 1, 2013.
c ~... ,~
FLORENCIO B. ABAD
Secretary
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