THE Department of Budget and Management said the new government procurement law’s implementing rules and regulations (IRR) will be released next week, having been approved by the procurement board’s technical experts.
The IRR was approved at a meeting led by the Government Procurement Policy Board’s (GPPB) Technical Support Office on Tuesday, it said in a statement on Feb. 4.
“The GPPB approved it yesterday afternoon. We’ll just clean it up, polish it, and then it will be published on Monday. You will see it on our website on Monday,” Budget Secretary Amenah F. Pangandaman said on the sidelines of the 2025 Open Government Partnership Asia and the Pacific Regional Meeting.
Ms. Pangandaman, who also serves as the GPPB chair, said this will help departments and agencies enhance their budget utilization and deter corruption.
“The procurement law signed by President Ferdinand R. Marcos, Jr. in July 2024 is now hailed as the biggest anti-corruption measure in the country’s recent history,” she said.
Ms. Pangandaman said the law sets up an online marketplace where agencies may directly procure supplies and equipment from vetted suppliers.
The data on transactions will be disclosed at all stages of procurement, from planning to contract implementation.
One of the provisions of the IRR allows live streaming of procurement proceedings, she added. — Aubrey Rose A. Inosante
