E-system to speed up procurement process

PRESIDENT Ferdinand Marcos Jr. has approved the rollout of an electronic procurement system at the Department of Budget and Management (DBM) to address transparency and competition issues, eliminate collusion and political interference, and reduce delays.

Budget Secretary Amenah Pangandaman told reporters in Malacañang that the e-Marketplace platform — set for a July or August launch — would further streamline the acquisition of common-use supplies of agencies and local government units.