Refers to acquisition of goods, consulting services, and contracting for infra projects by the procuring entity.

• Procurement

• Purchasing

• Shopping

• Borrowing

RA 9184 is also known as

• Government Procurement Policy Board

• Government Procurement Reform Act

• Government Procurement Policy Refom Act

• Government Procurement Policy Law

Procurement of GOP shall be governed by Transparency, Competitiveness, Streamlined Process and Public Monitoring

• True

• False

The SBAC ensures the compliance of the procuring entity to the GAM

• True

• False

The SBAC is composed of the following except

• Technical Working Group

• School Accountant

• Regular Members

• Alternate Members

Procurement of goods amounting to 51,000.00 needs not to be posted on PHILGEPS.

• True

• False

The following are the processes involved in the conduct of Competitive Bidding, except ______

• Pre-procurement conference

• Contract Signing

• Bid Opening and Evaluation

• Opening of Bids

A Purchase of Order will constitute an accepted offer that will give rise to a perfected contract of sale.

• True

• False

Goods delivered may be accepted and reported through the IAR partially or completed.

• True

• False

Government Procurement is part of the Budget Execution Phase of the Budget Cycle.

• True

• False