BCDA passes GCG validation

THE Bases Conversion and Development Authority (BCDA) received an overall score of 92.34 percent from the Governance Commission for GOCCs (GCG) in its 2023 Performance Scorecard, signifying the agency's success in meeting targets under its national development mandate.

In a letter to BCDA Chairman Hilario Paredes, and President and CEO Joshua Bingcang, GCG Chairman Marius Corpus formally transmitted recent validation results, which showed that BCDA not only passed in its 2023 Performance Scorecard but also maintained above-90 scores during GCG's annual performance evaluation.

"I would like to acknowledge the men and women of BCDA who have exercised both diligence and excellence in helping our organization achieve targets that will pave the way for the betterment of our country. This proves that we truly value our role as responsible stewards of state assets and as a pillar of national development," said Paredes.

GOOD GOVERNANCE Bases Conversion and Development Authority (BCDA) successfully passes GCG validation and receives high performance scores under development mandate. PHOTO FROM BCDA

BCDA's high ratings were derived from its ongoing and on-target construction of the airport to New Clark City Access Roads Phases 2 and 3; its remittance to the National Government of P4.07 billion; signed development contracts for mixed-use areas for community use; the timely contract award of consulting services for the Detailed Architectural and Engineering Design for New Clark City Projects; the 98 percent overall client satisfaction rating; and ISO9001:2015 recertification for the provision of conversion and development services, real estate management and engineering for land and assets.