HAPPENING NEXT WEEK (30 JULY 2024): PUBLIC CONSULTATION DRIVE ON THE FOREIGN CURRENCY DIFFERENTIAL ADJUSTMENT (FCDA) GUIDELINES UNDER THE AMENDED REVISED CONCESSION AGREEMENTS (RCA)
This is to inform the public that the MWSS Regulatory Office will hold a Public Consultation Drive (PCDr) on the Foreign Currency Differential
Adjustment (FCDA) Guidelines under the Amended Revised Concession Agreements (RCA).
Date: 30 July 2024 (Tuesday)
Time: 9:30 – 11:30 AM
via Zoom Webinar (online video conferencing platform) and Facebook Live
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About the PCDr:
Foreign Currency Differential Adjustment (FCDA) is a rate adjustment mechanism for the recovery or compensation on a current basis, subject to quarterly review and adjustment of the MWSS RO, of accrued FOREX losses/gains arising from payments of the loans enumerated in Section 9.8 of the RCA as amended. The MWSS RO is responsible for formulating detailed guidelines on the determination and application of the FCDA to the MWSS and Concessionaires’ (Manila Water Company, Inc. and Maynilad Water Services, Inc.) loans, as assisted by the Department of Finance, and as approved by the MWSS Board of Trustees (BOT). Once the guidelines have been approved, the MWSS RO is responsible for the evaluation of the Concessionaires’ FCDA petition, and determination of the FCDA. The said rate adjustment mechanism is reviewed and adjusted every quarter, subject to the approval of the MWSS BOT.
Prior to submission to the MWSS BOT of the FCDA guidelines for approval, the MWSS RO will conduct a PCDr to:
1. provide the public information on the draft Foreign Currency Differential Adjustment (FCDA) Guidelines under the Amended Revised Concession Agreements (RCA);
2. gather inputs from concerned stakeholders about the said guidelines;
3. address (gender-related) issues and concerns; and,
4. elicit comments and suggestions on improving gender-responsive services, especially in relation to water supply and wastewater management.
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Please note that due to limited webinar capacity, registration will be on a first-come, first-served basis. Please click this link to register and confirm your participation 
https://tinyurl.com/FCDAconsultationReg
For inquiries regarding this event, please contact the MWSS RO Public Information Department at 09178142796 / pid@ro.mwss.gov.ph or the MWSS RO PIDr Secretariat at pcdr@ro.mwss.gov.ph