PROCUREMENT

The 2016 Revised Implementing Rules and Regulations, hereinafter called the IRR, is promulgated pursuant to Section 75 of Republic Act No. (R.A.) 9184, otherwise known as the 'Government Procurement Reform Act," for the purpose of prescribing the necessary rules and regulations for the modernization, standardization, and regulation of the procurement activities of the Government of the Philippines (GOP).

Governing Principles on Government Procurement

The procurement of the GOP shall be governed by these principles:

a. Transparency in the procurement process and in the implementation of procurement contracts through wide dissemination of bid opportunities and participation of pertinent non-government organizations.

b. Competitiveness by extending equal opportunity to enable private contracting parties who are eligible and qualified to participate in competitive bidding.

c. Streamlined procurement process that will uniformly apply to all government procurement. The Procurement process shall be simple and made adaptable to advances in modern technology in order to ensure an effective and efficient method.

d. System accountability where both the public officials directly or indirectly involved in the procurement process as well as in the implementation of procurement contracts and the private parties that deal with GOP are, when warranted by circumstances, investigated and held liable for their actions relative thereto.

e. Public monitoring of the procurement process and the implementation of awarded contracts with the end in view of  guaranteeing that these contracts are awarded pursuant to the provisions of the Act and this IRR, and that all these contracts are performed strictly according to specifications.