2016-11-02

NPM No. 055-2016

Requesting Entity: Baybay Printshop

Issues Concern: Period of Payment after the Delivery of Goods/

 

Details

Clarification on the period of payment by the procuring entity after full delivery by the supplier of the goods subject of procurement.

 

[T]here are several conditions that must be complied with prior to the payment to the supplier for the goods delivered or services rendered. Nonetheless, payment to the supplier must be made immediately after the supplier submitted or filed its written claim and must not be later than sixty (60) days after such claim.