1. The Local Government Unit of  Tuao, Cagayan  through 20% DEVELOPMENT FUND 2023  intends to  apply the sum of  Php 708,127.00  being the Approved Budget for the Contract (ABC) to   payments under  the contract for SUPPLY AND INSTALLATION OF 2 UNITS AIRCONDITIONING SYSTEM OF MULTI-PURPOSE BUILDING located at Centro 2, Tuao, Cagayan. Bids received in excess of the ABC shall be automatically rejected at bid opening.