LETTER OF INSTRUCTION NO. 134

: The purpose is to expedite the completion of the Pasig River Development Project by ensuring sustained clearing of derelicts and discarded matters from the Pasig River, adjoining esteros, and waterways within Greater Manila.
: The Commissioner of the Bureau of Customs Manila is directed to implement the provisions.
: The procedure allows for immediate notification to known owners or rightful parties within 72 hours to file their claim on salvaged derelicts; if no claim is filed, the salvage compensation is awarded to the salving party. For unknown owners, the derelicts are published for public bidding for three successive days, followed by bidding. If no bidder or insufficient bid, the derelict is awarded to the salving party.
: Within seventy-two (72) hours.
: The salvage claim shall be immediately awarded to the salving party as salvage compensation.
: They are published for public bidding in a newspaper of general circulation for three successive days, after which bidding is conducted.
: The derelict shall be awarded to the salving party.
: The bid shall be denied and the salved derelict shall be awarded to the salving party.
: To enable the authorized salvors or salved derelicts to recover their investment quickly and replenish their operating capital, thus sustaining continuous clearing efforts.
: The Pasig River, adjoining esteros, and waterways within the Greater Manila area.