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Understanding Liquidated Damages in Contracts

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Understanding Liquidated Damages in Contracts

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Questions and Answers

What is the purpose of the resolution passed by the Members of the GOVERNMENT PROCUREMENT POLICY BOARD?

To reject the amendments to Annexes “D” and “E” of the 2016 revised IRR of RA No. 9184

To propose new amendments to Annexes “D” and “E” of the 2016 revised IRR of RA No. 9184

To defer the decision on the amendments to Annexes “D” and “E” of the 2016 revised IRR of RA No. 9184

To consider adopting the amendments to Annexes “D” and “E” of the 2016 revised IRR of RA No. 9184 (correct)

What date did the resolution mentioned in the text take effect?

08 March 2019

27 February 2020

05-2019

27th day of February 2020 (correct)

Which department issued the GPPB Resolution No. 05-2019 dated 08 March 2019?

Department of Budget and Management (correct)

Department of National Defense

Department of Finance

Department of Education

What are Annexes “D” and “E” related to in the context of the 2016 revised IRR of RA No. 9184?

Contract Implementation Guidelines for procurement of goods and infrastructure projects Signup and view all the answers

Which sector does the PRIVATE SECTOR REPRESENTATIVE belong to?

Private sector Signup and view all the answers

What was mentioned as being attached hereto as Annex “A'' in the resolution?

"Amendments to Annexes D and E'' Signup and view all the answers

Who confirmed, adopted, and approved the amendments to Annexes “D” and “E'' in the text?

Members of the GOVERNMENT PROCUREMENT POLICY BOARD Signup and view all the answers

What does IRR stand for in "2016 REVISED IMPLEMENTING RULES AND REGULATIONS (IRR) OF REPUBLIC ACT (RA) NO. 9184''?

"Implementing Rules and Regulations" Signup and view all the answers

"Contract Implementation Guidelines for the Procurement of Goods, Supplies and Materials'' are covered in which annex of the 2016 revised IRR of RA No. 9184?

"Annex D" Signup and view all the answers

"Contract Implementation Guidelines for the Procurement of Infrastructure Projects'' are covered in which annex of the 2016 revised IRR of RA No. 9184?

"Annex E" Signup and view all the answers