FINALS REVIEWER Flashcards
An Act Providing for the Modernization, Standardization and Regulation of the Procurement Activities of the Government and for other Purposes.
R.A 9184
R.A 9184 is also known as _____.
Government Procurement Reform Act
Refers to the budget for the contract duly approved by the HoPE.
Approved Budget for the Contract (ABC)
For Foreign-funded Procurement, the ABC refers to the _____
cost estimate of the procuring entity
Refers to a signed offer or proposal to undertake a contract submitted by a bidder in response to and in consonance with the requirements of the Bidding Documents.
Bid
Refers to a contractor, manufacturer, supplier, distributor and/or consultant who submits a bid in response to the requirements of the Bidding Documents.
Bidder
Refer to the documents issued by the Procuring Entity as the basis for bids,
Bidding Documents
Refers to the Committee established in
accordance with Rule V of the IRR.
Bids and Awards Committee (BAC)
Refer to those goods, materials and equipment that are used in the day-to-day operations of Procuring Entities in the performance of their functions.
Common-Used Supplies and Equipment (CSE)
Refers to a method of procurement which is open to participation by any interested party
Competitive Bidding
Other term for Competitive Bidding
Public Bidding
Refer to services for infrastructure projects and other types of projects or activities of the GoP requiring adequate external technical and professional expertise that are beyond the capability and/or capacity of the GoP
Consulting Services
Refers to any person or entity offering unmanufactured articles, materials or supplies of the growth or production of the Philippines
Domestic Bidder
Refers to an individual or a sole proprietor who is a citizen of the Philippines or a partnership, corporation, cooperative, or association duly organized under the laws of the Philippines and of which at least seventy five percent (75%) of the interest or outstanding capital stock belongs to citizens of the Philippines, habitually established in business and habitually engaged in the manufacture or sale of the merchandise covered by his bid,
Domestic Entity
Refer to International Agreements except that they do not require legislative ratification.
Executive Agreements
Refer to articles which are normally consumed in use within one (1) year or converted in the process of manufacture or construction
Expendable Supplies
Refers to any offer of articles, materials or supplies not manufactured or not to be manufactured in the Philippines
Foreign Bid
Refers to the acquisition of goods, consulting services, and the contracting for infrastructure projects by the GoP
Foreign Funded Procurement
Foreign Fund Procurement are wholly or partly funded by ___________
Foreign Loans
Other term for Foreign Fund Procurement
Foreign-Fund Projects or Foreign-Assisted Projects
Refer to grants with no repayment obligations and are provided in monetary form, goods, works, and consultancy services, among others.
Foreign Grants
Refer to loans, credits, and indebtedness with private foreign banks or with foreign governments, agencies, or instrumentalities of such foreign governments, foreign financial institutions
Foreign Loans