“• Special Provision on the Provision and Maintenance of Basic Educational Facilities was amended to reflect changes in the distribution of the appropriations and the inclusion of an amount for the annual payment of school buildings constructed by the NHA. Likewise, the said provision also allows the DepEd to deduct a 0.5% engineering and administrative overhead (EAO) on the project cost.”

—  Francis Escudero

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Adopted from Wikiquote. Last update June 3, 2021. History

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Filipino politician 1969

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