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P. 436

REPUBLIC OF THE PHILIPPINES
                                           D^partment of Budget and Management
                                                  MALACANANG, MANILA
                        March 17,2016

                        The SUC President
                        State Universities and Colleges (SUCs)
                        Ifugao State University
                        Nayon, Lamut, Ifugao

                                              ADVICE OF NCA ISSUED
                                                     Fund Cluster 01
                        Dear Sir / Madam:

                        Please be advised that the amount of TWO MILLION THREE HUNDRED EIGHTY-SIX
                        THOUSAND SEVEN HUNDRED PESOS ONLY (P2,386,700.00) was credited to your
                        account, as follows:

                           NCA No.              NCA-CAR-16-0004497
                           MDS Sub-Account No.  2083-90007-8
                           GSB Branch           LBP - Lagawe
                           Purpose              To cover the funding requirements for CY 2015 Performance-
                                                Based Bonus (PBB).
                        Please be reminded that all taxes withheld shall be remitted to the Bureau of Internal
                        Revenue through a Tax Remittance Advice pursuant to the provisions of DOF-DBM Joint
                        Circular No. 1-2000A dated July 31.2001.

                        The attached Monthly Requirement Schedule for NCAs (MRS-NCA) presents the details on
                        the funding source/s as well as the specific period/s for -the bank to credit the
                        programmed amounts to the specified MDS Sub-account/s.
                        Further, actual utilization/disbursements out of the cash allocation shall be subject to the
                        existing budgeting, accounting and auditing rules and regulations.
                       Very truly yours,
                        By Authority of the Secretary:


                              • ::•- <^ .^.
                       LIZA 8, FANGSILAT
                       DIRECTOR J
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