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RMC No. 10-2008: Publishes the full text of EO No. 645, which amends Section 4 of EO No. 423 prescribing the rules and procedures on the review and approval of all government contracts to conform to RA No. 9184 otherwise known as “The Government Procurement Reform Act”

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Summary

RMC No. 10-2008 publishes the full text of EO No. 645, which amends Section 4 of EO No. 423 on the approval of government contracts entered into through alternative methods of procurement, to conform to RA No. 9184.

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Key points

  1. Contracts of at least P500,000,000.00. When the Head of the Procuring Entity decides that a contract of at least Five Hundred Million Pesos (P500,000,000.00) falls under an exception to public bidding, the Head first obtains Government Procurement Policy Board (GPPB) approval. The GPPB must approve that the contract falls within the exceptions and that the specific alternative mode is appropriate.
  2. Final approval. After this, the Head of the Procuring Entity has full authority to give final approval and enter into the contract. The exception is a contract required by law to be acted upon or approved by the President.
  3. Certification. The Head must certify under oath that the contract was entered into in faithful compliance with all applicable laws and regulations.

Who is affected

  • Heads of Procuring Entities

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.