Page 145 - ADMINISTRATIVE MANUAL

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CHAPTER XI

SUPPLY AND PROPERTY

Legal Bases:
1) Republic Act No. 9184 – Government Procurement Reform Act
2) COA Circular No. 94-006
3) National Budget Circular No. 415, s 1990
4) Other pertinent COA, DBM and ISU issuances

OBJECTIVES:

1) General

It is the policy of ISU to strictly adhere to the principles of economy, efficiency and
effectiveness in the management of its material resources. The procurement, proposal and
reporting system is based on what is most advantageous to the government service, and in
pursuance of existing rules and regulations.

Hence, procurement of goods shall be undertaken according to the approved Annual
Procurement Plan (AAP) of the Campus/Units concerned. The APP shows the itemized
quantity, description and estimated cost of supplies/materials/equipment required for the
ensuing fiscal year must be submitted to the Department of Budget & Management on or
before the last working day of November of every year.

2) Specific

2.1 Establish a system that is based on economy, efficiency and effectiveness in the
aspects of procurement, disposal and reporting of material resource
requirements of the ISU;
2.2 Ensure transparency in the conduct of bidding and other financial transactions;
and
2.3 Provide equal opportunity to all legitimate and reputable establishments who may
to do business with the ISU.

SCOPE

This Supply and Property Management Program covers all transactions pertaining to
procurement, disposal and reporting of material resources, regardless of the source of funds
in all the campuses of the University.