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PHILIPPINE BIDDING DOCUMENTS (As Harmonized with Development Partners)Procurement of GOODS Government of the Republic of the PhilippinesFifth Edition October 2016Preface These Philippine Bidding Documents

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What is procurement of goods?

Procurement of goods is the process of obtaining goods or products from suppliers or vendors for the purpose of reselling, using or incorporating into a project.

Who is required to file procurement of goods?

Any individual or organization that purchases goods for resale or for use in their operations is required to file procurement of goods.

How to fill out procurement of goods?

To fill out procurement of goods, one must provide details of the goods purchased, the supplier/vendor information, quantity, price, and purpose of purchase.

What is the purpose of procurement of goods?

The purpose of procurement of goods is to ensure that organizations obtain the necessary products or materials needed for their operations in a cost-effective and efficient manner.

What information must be reported on procurement of goods?

Information such as the name of the supplier/vendor, description of the goods purchased, quantity, price, date of purchase, and purpose of purchase must be reported on procurement of goods.

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