Senator Raffy Tulfo revealed that 61 out of 70 local water districts (LWDs) are dissatisfied with PrimeWater's services, with many seeking to terminate their joint venture agreements (JVAs).
Three LWDs have already terminated their JVAs, 24 have issued notices of pre-termination, and 25 are preparing to do so.
Senator Tulfo noted that only around 21 of the 52 LWDs pursuing termination have the technical and financial capacity to resume full control.
Tulfo highlighted previous issues such as homes receiving limited water supply, unauthorized tariff increases, and PrimeWater's failure to meet performance bond obligations.
He also noted that performance bond claims filed from 2023 to 2025 have been terminated, denied, or delayed without any successful payouts.
Furthermore, Tulfo questioned the significant increase in PrimeWater's loans, from P270 million in 2014 to almost P24 billion in 2024, and where these funds have been allocated.
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