The Cagayan de Oro Water District’s wasted water due to leaks and illegal connections reached 55.39% in 2021, and 50.05% in 2022
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In a March 13 letter sent by the Manny V. Pangilinan-controlled Cagayan de Oro Bulk Water Incorporated to the COWD, the supplier pointed out that the water district incurred over P700 million in losses due to its high percentage of non-revenue water in 2022 alone.The lost revenues, COBI said, could have been used to pay COWD’s outstanding payables.
These funds, according to COBI, could have been used to partially pay its balance and finance COWD’s programs to address its NRW problem.“It appears that COWD’s ability to improve its operations and financial standing is solely within its control. It has no excuse to skirt its legal obligations, including those to COBI,” a part of the COBI letter reads.
He said COWD has been reiterating that they have no legal basis to pay the accumulated price difference, but COBI insisted on it. COWD and COBI, however, could come to terms when its executives meet this Wednesday in an effort to avert a tap water supply crisis in Cagayan de Oro.Local officials have sounded the alarm, but COBI assured the public that a water supply disconnection has not been decided with finality, but that scenario would be the bulk water supplier’s last resort.
In the March letter, Pangilinan asked that the COWD also settle its January and February 2024 invoices by March 22 and April 1, respectively.