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PHILIPPINE BIDDING DOCUMENTS Sixth Edition July 2020PROCUREMENT OF UTILITY SERVICES: EIGHTEEN (18) UTILITY PERSONNEL FOR THE REGIONAL OFFICE, DOCUMENT PROCESSING DIVISION, AND FOUR (4) REVENUE DISTRICT
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01
Gather all relevant procurement data including invoice details, supplier information, and purchase orders.
02
Review the procurement policies and guidelines to ensure compliance.
03
Start filling out the report by entering the date of the report and the reporting period.
04
List each procurement transaction along with associated details such as item descriptions, quantities, and unit prices.
05
Include columns for receiving dates and payment status to track the progress of each transaction.
06
Provide a summary of total expenditures and compare them against budgetary constraints.
07
Highlight any discrepancies or issues encountered during the procurement process.
08
Finalize the report by checking for accuracy and completeness before submission.

Who needs procurement monitoring report as?

01
Procurement managers and officers who oversee purchasing activities.
02
Finance departments that require oversight on spending and budget adherence.
03
Auditors who need to review procurement processes and transactions.
04
Senior management for strategic decision-making and financial planning.
05
Regulatory bodies or stakeholders who ensure compliance with procurement regulations.
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The procurement monitoring report is a document that tracks and evaluates the procurement activities and processes to ensure compliance with regulations and standards.
Entities engaged in government procurement, including public agencies and certain private sector organizations, are required to file the procurement monitoring report.
To fill out the procurement monitoring report, organizations should collect relevant data regarding their procurement activities, ensure accurate and complete entry of information in each required section of the report, and submit it by the deadline.
The purpose of the procurement monitoring report is to provide transparency, accountability, and oversight of procurement processes, ensuring that they are conducted fairly and efficiently.
Information that must be reported includes procurement project details, contract amounts, duration, supplier information, and the status of the procurement process.
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