PRESIDENT Ferdinand Marcos Jr. has given the green light to the Department of Budget and Management’s (DBM) marketplace procurement system.
The approval came during Tuesday’s sectoral meeting led by President Marcos, where the system was sanctioned in line with the modernization and updates to the Philippine Government Electronic Procurement System.
It can be recalled that in August last year, during a meeting on proposed amendments to RA 9184 or the Government Procurement Reform Act, President Marcos directed the DBM to explore the inclusion of all goods such as vehicles, office supplies, heavy equipment, and more in the e-marketplace.
The President also emphasized that government procurement should be as easy and transparent as commercial online shopping.
During the meeting, the DBM presented additional features and the implementation status of the government’s virtual store. The chief executive approved these updates, with a pilot run expected before July this year. (GP)
