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FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

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FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

Post by joyie on Wed Apr 25, 2012 9:23 pm

Good day to all..

What if the Funding Instrument (a mandatory field in creating a notice at PhilGEPS website) the funds available for a particular procurement is from the Trust Fund of the Procuring Entity which is not included in the given options, what then should we choose in this particular case?
Question
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Re: FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

Post by sunriser431 on Thu Apr 26, 2012 4:44 pm

joyie wrote:Good day to all..

What if the Funding Instrument (a mandatory field in creating a notice at PhilGEPS website) the funds available for a particular procurement is from the Trust Fund of the Procuring Entity which is not included in the given options, what then should we choose in this particular case?
Question
Excerpts taken from the HELP menu of the Philgeps portal. For your guidance
Select the funding instrument from the list. Funding instruments for bids funded by the GOP includes the following
1. General Appropriations Act (GAA) for NGAs,
2. Corporate Operating Budget for GOCCS,
3. Budget for the Contract approved by the Sanggunian for (LGUs).
4. For MDB funded operations the funding instrument is "Loan/Grants".

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Re: FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

Post by joyie on Thu Apr 26, 2012 10:13 pm

Thanks sunriser431 Very Happy
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Re: FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

Post by engrjhez® on Fri Apr 27, 2012 6:09 pm


Regardless of being a general or trust fund, the agency type will dictate the manner how budget is approved, as elaborated by sunriser.

Please also view this LINK.
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http://www.bacoor.gov.ph

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Re: FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

Post by sunriser431 on Sat Apr 28, 2012 10:24 pm

joyie wrote:Thanks sunriser431 Very Happy
As always you are welcome. bounce
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Re: FUNDING INSTRUMENT (NOTICE CREATION AT PHILGEPS)

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