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BREAKING NEWS: Have you received your National ID?


BSP terminates contract with national ID cards supplier ACI


The Monetary Board (MB) of Bangko Sentral ng Pilipinas (BSP) has terminated the contract between BSP and All Card Inc. (ACI), the supplier of Philippine Identification System (PhilSys) ID cards. Included in the resolution is a notice of decision which detailed the grounds for termination of the contract as follows:
- ACI failed to deliver enough raw materials within the specific period, even within the extension granted
- ACI failed to maintain the production machinery due to unavailable machine spare parts causing prolonged machine downtime


Read more: https://business.inquirer.net/477157/bsp-terminates-contract-with-national-id-cards-supplier-aci#ixzz8kMIKFg1U

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