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Questions and Answers
Which legislative measure is commonly
known as the Government Procurement
Reform Act and is aimed at modernizing,
standardizing, and regulating government
procurement activities?
Which legislative measure is commonly known as the Government Procurement Reform Act and is aimed at modernizing, standardizing, and regulating government procurement activities?
Which principle ensures equal opportunity for
private contracting parties to participate in
competitive bidding?
Which principle ensures equal opportunity for private contracting parties to participate in competitive bidding?
It refers to any branch, constitutional
commission or office, agency, department,
bureau, office, or instrumentality of the GoP
(NGA), including GOCC, GFI, SUC and LGU
procuring goods, infrastructure projects and
consulting services.
It refers to any branch, constitutional commission or office, agency, department, bureau, office, or instrumentality of the GoP (NGA), including GOCC, GFI, SUC and LGU procuring goods, infrastructure projects and consulting services.
Refer to grants with no repayment
obligations and are provided in monetary form,
goods, works, and consultancy services,
among others.
Refer to grants with no repayment obligations and are provided in monetary form, goods, works, and consultancy services, among others.
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It refers to a contractor, manufacturer,
supplier, distributor and/or consultant who
submits a bid in response to the requirements
of the Bidding Documents.
It refers to a contractor, manufacturer, supplier, distributor and/or consultant who submits a bid in response to the requirements of the Bidding Documents.
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What must be meticulously and judiciously
planned by the Procuring Entity?
What must be meticulously and judiciously planned by the Procuring Entity?
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What is the APP an abbreviation for?
What is the APP an abbreviation for?
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According to Rule II, Section 7, all
procurement must be within what?
According to Rule II, Section 7, all procurement must be within what?
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Which of the following is a primary objective
of standardizing the procurement
Which of the following is a primary objective of standardizing the procurement
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According to the definition of Universal or
Commercial Banks under R.A. 8791, which statement is not correct
According to the definition of Universal or Commercial Banks under R.A. 8791, which statement is not correct
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Study Notes
Government Procurement Reform Act
- The Government Procurement Reform Act aims to modernize, standardize, and regulate government procurement activities.
Principles of Government Procurement
- The principle of equal opportunity ensures that private contracting parties have equal chances to participate in competitive bidding.
Definition of Government Procurement
- Government procurement refers to the process of acquiring goods, infrastructure projects, and consulting services by any branch, constitutional commission, office, agency, department, bureau, office, or instrumentality of the Government of the Philippines (NGA), including Government-Owned and Controlled Corporations (GOCC), Government Financial Institutions (GFI), State Universities and Colleges (SUC), and Local Government Units (LGU).
Definition of Grants
- Grants are provided with no repayment obligations and can be in the form of monetary assistance, goods, works, and consultancy services, among others.
Definition of Bidder
- A bidder is a contractor, manufacturer, supplier, distributor, and/or consultant who submits a bid in response to the requirements of the Bidding Documents.
Procuring Entity
- The Procuring Entity must meticulously and judiciously plan its procurement activities.
Abbreviation for Annual Procurement Plan
- APP is an abbreviation for Annual Procurement Plan.
Procurement Objectives
- According to Rule II, Section 7, all procurement must be within the approved budget.
Objectives of Standardizing Procurement
- A primary objective of standardizing procurement is to ensure equal opportunity for all parties.
Definition of Universal or Commercial Banks
- According to R.A. 8791, Universal or Commercial Banks are not defined as those that do not provide a specific type of banking service.
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Description
This quiz is about the legislative measure that modernizes, standardizes, and regulates government procurement activities. It is commonly known as the Government Procurement Reform Act.
