NIA Bicol completes 77 projects, earns P56.7 millions in 2015

Submitted by region5_admin on

NAGA CITY  —   The National Irrigation Administration (NIA) Bicol regional office has completed 77 projects representing a  74.24 percent physical accomplishment and collected P56.7 million in irrigation fees and other income in 2015. 

Director Vicente R. Vicmudo, NIA Bicol regional manager said the 77 completed irrigation projects are located in: Albay (25); Camarines Norte (7); Camarines Sur (17); Masbate (5); and Sorsogon (23).

These finished projects irrigated 197 hectares of previously rainfed areas, restored irrigation service to 1,093 hectares of rice farms, and repaired irrigation facilities and structures in 1,576 hectares of ricelands.

Last year, NIA implemented a total of 158 projects with a total allocation of P490.2 million. Aside from the 77 completed projects, 75 projects are still ongoing construction and expected to be fi nished by end of March this year, while works in 6 projects have not yet started.

NIA Bicol’s physical accomplishment in 2015 of 74.24 percent is higher than the 62.06 percent accomplishment in 2014.

Vicmudo said in terms of 2015 fi nancial accomplishment, NIA Bicol earned a total income of P56.7 million consisting of: P37.9 million in irrigation service fees (ISF); P7.5 million in amortizations from communal and pump irrigation systems (CIS/PIS); P2.3 million in farmers’ equity contributions; P120,000.00 in equipment rental; and P11 million in bidding documents.

Last year’s ISF collection of P37.9 million is higher by 6.8 percent compared to 2014 collection of P35.5 million, while CIS/PIS amortization posted an increase of 9 percent from P6.9 million in 2014 to to P7.5 million in 2015.

Overall, the total income of NIA Bicol of P56.7 million is 2.47 percent lower compared to its income in 2014 of P 58 million. The decrease in revenues last year is attributed significantly to lower miscellaneous income from bidding documents, which went down from P13.7 million in 2014 to P 11 million in 2015 as the allocation for irrigation projects in 2014 of P 704.4 million was much bigger compared to P 490.2 million budget last year.