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Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman put the spotlight on the upcoming launching of the Electronic Marketplace, or eMarketplace — an additional feature of the modernized Philippine Government Electronic Procurement System (PhilGEPS) of the Procurement Service-DBM (PS-DBM) — at the Public Financial Management Competency Program (PFMCP) for local government units (LGU) in Tagaytay City.

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President Ferdinand “Bongbong” R. Marcos, Jr. highlighted in his third State of the Nation Address on July 22, 2024 the recently signed New Government Procurement Act (NGPA), which he believes would level up the country’s public procurement practices to international standards.

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The Procurement Service - Department of Budget and Management (PS-DBM) is pleased to inform its stakeholders that the government procurement reform bill has been signed into law, following President Ferdinand "Bongbong" Marcos Jr.'s (PBBM) signing of Republic Act (R.A.) 12009, otherwise known as New Government Procurement Act (NGPA), on July 20, 2024.

 

 

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