RMO No. 03-2005: Prescribes the policies to effect the prompt payment of claims involving procurement of IT and non-IT supplies, materials, forms, equipment and other services

Summary

RMO No. 03-2005, issued February 9, 2005, sets policies for prompt payment of claims on procurement of IT and non-IT supplies, materials, forms, equipment and other services.

Key points

1. Supporting documents. Every claim must be supported by the documents listed in the Annexes of the Order before the Procurement Division transmits it to the Accounting Division.
2. Authentication of photocopies. The BIR official concerned, or his duly authorized representative, must authenticate all photocopied documents.

Who is affected

• Procurement Division and Accounting Division
• BIR officials authenticating documents

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