1. The Local Government Unit of  Tuao, Cagayan  through 20% DEVELOPMENT FUND  intends to  apply the sum of  Php 10,500,000.00  being the Approved Budget for the Contract (ABC) to   payments under  the contract for PURCHASE/IMPROVEMENT OF NEW GOVERNMENT CENTER located at Bulagao, Tuao, Cagayan. Bids received in excess of the ABC shall be automatically rejected at bid opening.