Used to record all receipts and issues of supplies and the balance in quantity at any time.

It shall be maintained by the Supply and Property Unit.

(a)  

An ocular verification of the existence and condition of the property under audit

(a)  

The “immediate delivery”, “as soon as possible”, other words and phrases having similar imports or without stating a particular period shall be understood to mean (a)   calendar days after receipt by the supplier or contractor of PO or contract

The procuring entity simply requests for the submission of price quotations for readily available off-the-shelf goods or ordinary/regular equipment to be procured directly from suppliers of known qualifications

(a)  

Refers to a method of procurement which is open to participation by any interested party

(a)  

Agencies shall procure common-use supplies and materials from the (a)   of the DBM, in accordance with LOI No. 755

(a)   shall be issued to end-user of Semi-Expendable Property to establish accountability.

(a)   used for costing inventories. This method calls for the recalculation of the average cost of all items in stock after every purchase.

Tangible items below the capitalization threshold of P15,000.

(a)