cinco not looking good, page-34

Perhaps the 2013 Philippine mid term elections are causing a bit of a baulk for BHPP.

Wiki:
"The 2013 Philippine general election on May 13, 2013 will be a midterm election, as the officials elected will be sworn in on June 30, 2013, or midway from President Benigno Aquino III's term of office.

There will be elected 12 senators, 229 district members of the House of Representatives, 80 provincial governors, 80 provincial vice governors, 766 members of the Sangguniang Panlalawigan (provincial legislature), 138 city mayors, 138 city vice mayors, 1,532 members of the Sangguniang Panlungsod (city council), 1,496 municipal mayors, 1,496 municipal vice mayors, and 11,972 members of the Sangguniang Bayan (municipal council).

In the Autonomous Region in Muslim Mindanao (ARMM), there will be elected one regional governor, one regional vice governor, and 24 regional assemblymen.[1] Party-list representatives will also be elected. In total, there will be 18,022 national and local positions decided.[1]

Blah, blah, blah....

Local elections

All local government units (LGUs) will have their elections on this day. Positions up are mayors, vice mayors, councilors, and if applicable, governors, vice governors and board members."

Perhaps not a good time to be striking deals just prior to an imminent "local officials upheaval".

Philippine General Election 2013
Philippine Local Elections 2013
Philippine gubernatorial elections 2013 (Provincial Govenors)