Every year, the Philippine governmentspends hundreds of billions of pesos to buy the goods andservices it needs to carry out projects and deliver servicesto its citizens. This money comes from the budget that itfunds out of its own revenues and from loans and grantsextended by foreign sources such as multilateral developmentbanks and bilateral donors. Deciding how to spend this moneyis a very important responsibility on the part of governmentleaders and officials, not only because of the large amountsbut also the public trust involved. Citizens and taxpayershave a right to expect that their government will spendthese funds wisely and honestly, for the greatest publicgood. Procurement is a key step in the process of gettingthe best value for the people's peso. The processinvolves announcing or advertising what the governmentneeds, inviting qualified parties or individuals to offertheir bids, evaluating those bids, awarding contracts to thechosen bidders, monitoring their delivery and performance,paying them and recording the results of the whole processfor others to see. It also involves making sure that thebidding is fair and transparent to all, and that anyone witha legitimate complaint can be given speedy justice.
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