THE MWSS Regulatory Office, the regulatory arm of the Metropolitan Waterworks and Sewerage System (MWSS), officially commenced on Wednesday the annual audit of financial books of the concessionaires Manila Water Co. Inc. and Maynilad Water Services Inc.
In a statement posted on its official Facebook page, MWSS Chief Regulator Patrick Lester Ty said the regulatory financial audit is part of efforts “to more efficiently monitor the water concessionaires’ compliance with the concession agreement and delivery of their service obligations.”
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