PD 906 Section 1

Section 1

SECTION 1. Section 2 of Presidential Decree No. 454 is hereby amended to read as follows: "SEC. 2. Notwithstanding the provisions of Section 8 hereof, the initial adjustment of contract prices of projects covered by this Decree shall not be earlier than six (6) months after the date of bidding. Readjustments on the unit prices shall be made every six months thereafter." Done in the City of Manila in this 19th day of March, in the year of Our Lord nineteen hundred and seventy-six. (Sgd.) FERDINAND E. MARCOS President Republic of the Philippines By the President: (Sgd.) JACOBO C. CLAVE Presidential Executive Assistant

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 906 Section 1 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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