Saturday, July 20, 2024

Gov’t increases spending in FY: 2014/15

The Public Procurement and Asset Disposal Board (PPADB) awarded tenders worth P8.98 billion in the financial year 2014/15, up from P5.7 billion in the previous year. Inclusive of micro procurement, which was valued at P278million, the total value of government procurement rose up to P9.25bln, representing 76 percent of the P12.24 billion budgeted for development in the financial year 2014/15.

In her statement on the PPADB annual report, Chief Executive Officer (CEO) Bridget Poppy John revealed that during the 2014/15 financial year, the board adjudicated on 735 submissions, an increase of 10.2 percent from the 667 submissions during 2013/14. In terms of value, the tenders awarded in 2014/15 amounted to P5.04 billion as opposed to P2.17 billion awarded in 2013/14.

“The significant increase in the value of tenders resulted from implementation of carry over projects that were budgeted for in 2013/14,” said John.

The various PPADB committees, including the special procurement and asset disposal committee, ministerial tender committees and the district administration tender committees, also adjudicated on tenders at their different financial thresholds.  The special procurement and asset disposal committee adjudicated on a total 143 submissions valued at P639m, while the ministerial tender committees adjudicated on 5664 bids valued at P2.96 bln. On the other hand, the district administration tender committees adjudicated on 2150 bids valued at P308m during the financial year 2014/15.

59 tenders from Ministries, valued at P5.04bln were awarded by the board in 2014/15. The Ministry of Minerals, Energy and Water resources had the highest value of awarded tenders at P1.3bln; followed by the Ministry of Education at P1.1bln. the Ministry of Labour and Home Affairs had the least value of awarded tenders. During 2014/15, PPADB did not award tenders for six Ministries of Environment Wildlife and Tourism, Trade and Industry, Foreign Affairs, Agriculture, Youth, Sports and Culture as well as Lands and Housing.

“This implies that during the period under review these Ministries did not have tenders that exceeded the ministerial tender committee thresholds,” said John.

PPADB also greatly improved contractor registration in the year 2014/15, as the number of registered contractors rose from 8, 239 in 2013/14 to 12, 335 in 2014/15. P11, 2 m was generated through contractor registration during the period, exceeding the set revenue target of P5.85m by 95.3 percent.

“The increase in revenue from contractor registration was a result in increased demand for the service,” said John.


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