Sunday, December 27, 2015

AFP Procurement Service reports P700-M savings

From the Manila Bulletin (Dec 27): AFP Procurement Service reports P700-M savings

The Armed Forces of the Philippines Procurement Service (AFPPS) reported more than P700 million savings in favor of the government from January to November 2015.

Brig. Gen. Alvin Francis A. Javier, AFPPS commander, said the amount saved is twice their recorded savings for the entire calendar year (CY) 2014.

In his report to AFP Chief of Staff Gen. Hernando DCA Iriberri through Brig. Gen. Job S. Yucoco, the Deputy Chief of Staff for Logistics, Javier said that the AFPPS, working in conjunction with various AFP Bids and Awards Committees (BAC), registered a total of P765,745,422.06 residuals or savings from January to November.

He said anount is equivalent to eight percent of the total approved budget for the contracts (ABC) accepted within CY 2015.

The residuals were derived from a total of 31,469 purchase orders (POs) or work orders and contracts processed and facilitated by AFPPS and AFP-BACs with the approved budget of P9,878,402,674.93, said Javier.

He noted that in 2014, the AFPPS had a P304,354,966.53 savings in favor of the national government.

Registering the highest savings through public bidding was the Philippine Air Force (PAF) BAC and through alternative modes of procurement from the PAF Procurement Center under Lt. Col. Rhossel R. Duque with P326,657,778.66. The amount represents 18 percent of the ABC facilitated and implemented in conjunction with the PAF BAC, headed by Brig. Gen. Nicolas C. Parilla.

Coming in at second was the Philippine Army Procurement Center (PAPC) under Col. Joel I. Enrile with a total residual of P139,331,440.89. The amount represents seven percent of the unit’s ABC facilitated and implemented in conjunction Army BAC under Brig. Gen. Ronald N. Albano.

http://www.mb.com.ph/afp-procurement-service-reports-p700-m-savings/

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.