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Fixed Expenditures Accounting and Reporting System (FEARS)

Fixed Expenditures Accounting and Reporting System (FEARS)

System aimed at establishing historical cost data for budget preparation reference.

FEARS Objectives

Excluding ensuring all transactions are digital and paperless.

Types of Fixed Expenditures

Light, water, and communication expenses covered under the system.

Role of C, RLDs/ADLs

Responsible and accountable for managing fixed expenditure funds and resources.

Monthly Status of Funds (MSF)

Document summarizing funds received, disbursements, and resulting available funds.

Consumption Subsidiary Ledger

Ledger used for storing consumption transactions.

Electricity Tariff Regulation

Handled by the Energy Regulatory Commission according to the system.

FEARS Acronym

Stands for Fixed Expenditures Accounting and Reporting System.

Collection Responsibility

Regional Finance Service Office collects payments from Concessionaires, On-Base Housing Units, and Non-PNP Units for utility consumption.

Management Measure

RD, PROs may impose a ceiling on light, water, and telephone consumption.

Lot Size Requirement for PNP Police Station of Type "A"

600 sq.m

Directorate for Logistics Responsibility

Supervising all construction projects within Camp Crame and Camp Panopio

Performance Security Requirement

30% of the contract price from the winning bidder before contract signing

EAO Limit for Projects

Not to exceed Three Hundred Thousand Pesos for projects lasting one year or less

Estimated Project Cost

Total amount programmed and released for infrastructure projects

Bids and Awards Committee (BAC)

Body overseeing bids and awards for PNP projects

EAO for Projects 50-150 km from Engineer's Office

One percent of the ABC

Director, Engineering Service Responsibility

Ensuring compliance with National Building Code and other laws

RHSG Supervisory Power

Over repair projects within RHQ with estimated cost below Php100,000

Responsibilities of Director, Engineering Service

Monitoring projects, ensuring compliance, preparing designs, and overseeing repairs.