The New Government Procurement Act is a game-changing piece of legislation curated to enhance the existing procurement systems under the 21-year-old Republic Act (RA) No. 9184 through (i) fit- for-purpose modalities to achieve value for money, (ii) strengthen procurement planning of procuring entities with mandatory market scoping and strategies to be used as tools in doing so, (iii) modernize procurement processes with the use of emerging technologies and innovative solutions, (iv) institutionalize sustainable public procurement principles and practices with environmental, social and economic considerations, life cycle, gender parity, poverty alleviation, and fair opportunities to vulnerable and marginalized sectors, (v) enhance transparency and ensure greater accountability with open government, participatory procurement and use of beneficial ownership information in procurement, and (vi) professionalize procurement practitioners to foster a skilled and competent workforce dedicated to excellence in government procurement.
The RA 12009 is governed by the following principles:
- Enhanced Transparency
- Improved Competitiveness
- Increased Efficiency
- Proportionality
- Enhanced Accountability
- Participatory Procurement
- Sustainability
- Professionalism
To know more about the NGPA or RA 12009, follow us on Facebook #GovernmentProcurementPH or visit our website at www.gppb.gov.ph.