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NewsTranscript
00:00Senate President Chief Escudero stopped the construction of a new Senate building in Taguig.
00:05Escudero said that the project will cost P23 billion from the original P8.9 billion.
00:15Escudero said that the project will cost P23 billion from the original P8.9 billion.
00:25Escudero said that he did not see any anomalies, but he wanted to know why the project cost so much.
00:32Senator Nancy Binay said that the former chairperson of the Senate Committee on Accounts
00:36clarified that the P8.9 billion was only for the building itself.
00:43It does not include interior design and other items inside the building.
00:48Laxo also clarified that the former chairman of the Committee on Accounts of the Department of Public Works and Highways
00:52estimates how much they will spend as the implementing agency of the project.
00:58The Senate still has a decision on whether to accept the estimated cost estimate.
01:03The Committee on Accounts is in charge of all the expenses of the Senate.
01:08The DPWH has no irregularities in the Senate building.
01:13The two phases of the project, approved by the Senate, will cost more than P11 billion.
01:19The Senate is already discussing the budget for the Phase 3 of the project.
01:43.