The New Government Procurement Act (NGPA) or Republic Act 12009 underscores the critical importance of modernizing government procurement processes to ensure transparency, efficiency, and effectiveness in the utilization of public funds.
The NGPA introduces the comprehensive implementation of Electronic Government Procurement, which encompasses the complete digitization and automation of the procurement process—from procurement planning to contract payment. This includes the use of data analytics in procurement-related decision-making, the implementation of an electronic marketplace and other online tools on the Modernized PhilGEPS website, and the interconnectivity of procurement systems with other government agencies.
By adopting emerging technologies, innovative solutions, and integrated systems across government agencies, we can achieve significant improvements in procurement efficiency and effectiveness.
Stay tuned as we delve into how these modern innovations are transforming the government procurement landscape!
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