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Creation of the Electric Cooperatives Emergency and Resiliency Fund.
SEC. 5. Creation of the Electric Cooperatives Emergency and Resiliency Fund.- There is hereby created an Electric Cooperatives Emergency and Resiliency Fund (ECERF) to be managed and administered by the NEA.
Powers and Functions of the National Electrification Administration (NEA).
SEC. 6. Powers and Functions of the National Electrification Administration (NEA).- In addition to its current mandate, the NEA shall have the following powers and functions: (a) Formulate policies and coordinate the implementation of all activities of the ECs relative to emergency and resiliency management, in consultation with the National Disaster Risk Reduction and Management Council (NDRRMC); (b) Mandate the ECs to submit their respective comprehensive and integrated disaster management programs such as, but not limited to. Vulnerability and Risk Assessments and Emergncy Response Plans, and thereafter monitor the implementation of the same; (c) Review, approve, and certify, in consultation with the NDRRMC, all activities, including financial requirements, of the ECs relative to disaster mitigation, disaster preparedness, and disaster prevention plans as a result of the Vulnerability and Risk Assessment; (d) Develop reasonable guidelines and rational documentary requirements for the ECs to avail of the ECERF: (e) Formulate an efficient procedure for program participation and criteria for fund allocation; (f) Determine the annual budget of the ECERF and submit the same for approval by Congress: (g) Receive donations, in the form of funds, materials or equipment, which are intended for the purpose of addressing the restoration of the ECs' infrastructure damaged by a fortuitous event or force majeure, subject to existing auditing rules and regulations; (h) Provide necessary assistance to the ECs', including the preparation of individual Resiliency Compliance Plans for incorporation in their respective Distribution Development Plans submitted to the NEA; (i) Ensure that the ECs' resiliency programs are feasible in accordance with sound mangement, economic, and engineering standards; and (j) Promulgate such rules and regulations as may be necessary to implement the objectives and provisions of this Act.
SEC. 7. Responsibilities of the Electric Cooperatives (ECs).-In addition to their primary mandate to implement the rural electrification program of the country under existing laws, the ECs shall ensure the protection, preparedness, and mitigation of the adverse impact of any fortuitous event or force majeure to their infrastructure. The ECs shall also ascertain the ability of their manpower to undertake emergency response for the immediate restoration or rehabilitation of their damaged infrastructure after a fortuitous event or force majeure. The ECs shall likewise have the following additional responsibilities: (a) Submit to the NEA a Vulnerablility and Risk Assessment of all their infrastructure in accordance with the NEA-approved template: (b) Prepare and submit to the NEA a Resiliency Compliance Plan to include a list of projects and programs, including the financial requirements, funding sources, and timeline of implementation, necessary to protect and mitigate the disaster vulnerability of all their infrastructure; (c) Institutionalize and submit to the NEA an Emergency Response Plan to be activated immediately after the occurrence of a fortuitous event or force majeure; (d) Comply with the NEA's policies and procedural requirements for program participation and fund allocation; (e) Submit reports as may be required by the NEA; and (f) Undertake all other activities necessary to implement the objectives and provisions of this Act.
SEC. 8. The National Electric Cooperatives Emergency and Resiliency Plan (NECERP).-All ECs shall submit to the NEA and update their respective Vulnerability and risk Assesstments, Resiliency Compliance Plans, and Emergency Response Plans every year. The failure to submit said assessment and plans shall bar the ECs from accessing the ECERF. The NEA shall monitor and evaluate the use and disbursement of the ECERF based on the Vulnerability and Risk Assessment, Emergency Response Plan, and Resiliency Compliance Plan of each EC. On the basis of said assessment and plans submitted by the ECs, the NEA shall produce a comprehensive NECERP which shall be integrated into the National Disaster Risk Reduction and Management Plan provided for under Republic Act No. 10121, otherwise known as the "Philippine Disaster Risk Reduction and Management Act of 201". The NECERP shall be updated and submitted not later than March 15 of every year to the JCPC.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).