Procurement of Goods under IRR Section 43 Quiz

Play an AI-generated podcast conversation about this lesson

Who should be duly registered with the Securities and Exchange Commission and meet certain criteria as per the IRR?

Bidders

End-users

Observers (correct)

Suppliers

In procurement, what may the Procuring Entity give preference to in order to ensure availability, efficiency, and timely delivery of Goods?

Foreign-exclusive goods

Locally-produced goods (correct)

Generic goods

Outdated goods

What is the role of the Technical Working Group (TWG) in the procurement process?

Handling contract negotiations

Conducting financial audits

Selecting suppliers

Assisting in bid evaluation (correct)

Under what conditions can direct contracting be allowed in procurement?

Procurement of goods of proprietary nature Signup and view all the answers

What is the purpose of the Pool of technical, financial, and/or legal experts in the procurement process?

Evaluating bids and providing technical advice Signup and view all the answers

Which entities may participate in the procurement process as per the regulations outlined?

Eligible suppliers, manufacturers, and distributors Signup and view all the answers

What does 'procurement' refer to?

Acquisition of goods, consulting services, and contracting for infrastructure projects Signup and view all the answers

Which entity is responsible for ensuring that awarded contracts are performed strictly according to specifications?

Head of the Procuring Entity Signup and view all the answers

In case of projects involving mixed procurements, how is the nature of the procurement determined?

Based on the primary purpose of the contract Signup and view all the answers

Who is considered the 'Procuring Entity'?

Any branch or office of the Government of the Philippines (GOP) Signup and view all the answers

What does 'Head of the Procuring Entity' refer to?

The governing board or its duly authorized official for certain entities Signup and view all the answers

What is one of the responsibilities identified in the text for Public Monitoring in the procurement process?

Ensuring strict compliance with specifications Signup and view all the answers

What is the purpose of limited source bidding/selective bidding?

To limit the bidding to known qualified bidders for specialized goods and services. Signup and view all the answers

In which situation would resorting to public bidding method likely not result in additional suppliers participating?

When procuring highly specialized goods with only a few known suppliers. Signup and view all the answers

What is a condition precedent for holding a contractor to guarantee project performance?

Obtaining critical components from a specific supplier as per the contract. Signup and view all the answers

Which method of procurement involves requesting price quotations for off-the-shelf goods directly from qualified suppliers?

Shopping Signup and view all the answers

Why might limited source bidding be advantageous for major plant components procurement?

To maintain uniform quality and performance by limiting to known qualified bidders. Signup and view all the answers

Which type of goods or services might require limited source bidding/selective bidding?

Highly specialized goods where only a few suppliers are known to be available. Signup and view all the answers