MODIFICATION IN THE REGULAR EA ALLOCATION SYSTEM
1. Redefinition of Big and Small Firm:
• Big Firm — Firm with FOB Exports of at least $2M
• Small Firm — Firm with FOB Exports below $2M
2. Simplification of Procedures:
• Separation of the distribution of allocable balance to 60%
basket for big firms, and 40% for small firms instead of splitting the
sum of the allocable balance into 60%/40% basket after each round of
allocation, and
• Transfer of remaining balance, if any, to the other basket which has not been satisfied.
3. Creation of Children’s Basket
• Distribution of allocable balance to T and NT Baskets as follows:
|
Category |
T |
NT |
|
|
|
|
|
338/9 |
30% |
70% |
|
347/8 |
30% |
70% |
|
638/9 |
50% |
50% |
|
647/8 |
50% |
50% |
|
3/651 |
30% |
70% |
|
3/642 |
30% |
70% |
|
345 |
30% |
70% |
|
634 |
30% |
70% |
|
3/640 |
30% |
70% |
|
445/6 |
30% |
70% |
|
3/641 |
30% |
70% |
|
336 |
50% |
50% |
|
635 |
30% |
70% |
|
7/8A |
30% |
70% |
4. Reduction of the 20% cap on Small Baskets to 10%
5. Extension of the validity of awards
• Awards under Critical and Semi-Critical categories may be extended only once for a period of three-months.
6. Allocation Based on Shipment date for Non-Critical Categories:
• Pro-rata allocation for the similar declared shipment dates
in cases where the remaining allocable balance is not sufficient to
cover the said application.
7. Assessment Fees:
• Assessment fees shall be as follows:
— Critical Categories, except 3/631 and 361:
|
|
T |
NT |
|
|
|
|
|
REA |
P20/doz |
P30/doz. |
|
CEA |
P30/doz |
P50/doz. |
This takes effect fifteen (15) days from date of publication.
Adopted: 14 Jan. 2000
(SGD.) FELICITAS R. AGONCILLO-REYES
Executive Director