In a concerted effort to comply with current regulations, members of the Bids and Awards Committee (BAC) engaged in a detailed briefing hosted by the Department of Budget and Management (DBM). The session was led by Acting Chief Reynaldo R. Villon, who provided important updates on the latest issuances from the DBM as well as insights regarding the recently passed government procurement legislation.

This briefing served not just as an informative session but also as a vital opportunity for BAC members to familiarize themselves with the evolving landscape of public procurement policies. The new regulations aim to enhance transparency, efficiency, and accountability in government transactions, addressing some common challenges faced in prior procurement processes.

As part of the session, members were encouraged to ask questions and discuss practical implications of the new regulations, ensuring they are well-equipped to implement these guidelines effectively in upcoming projects. This proactive approach demonstrates a commitment to fostering a culture of compliance and best practices within governmental procurement operations.

By ensuring that all members are on the same page regarding these new regulations, the BAC aims to streamline processes and uphold standards that protect public resources and ensure fair opportunities for all stakeholders involved in government procurement.