In the spite of the latest scandals that has rocked our national experience, specifically, the National Broadband Network (NBN) supposed contract with the Chinese firm, ZTE, the President issued Executive Order No. 662, creating the Procurement Transparency Group (PTG).
The PTG is composed of the Presidential Anti-Graft Commission (PAGC), National Economic and Development Authority (NEDA), Department of Justice (DOJ), Department of Budget and Management (DBM), Department of Interior and Local Government (DILG), Bishops-Businessmen Conference for Human Development, Transparency and Accountability Network, Volunteers Against Crime and Corruption (VACC), and two other NGOs involved in training procurement observers and/or procurement reforms.
As mandated by EO 662, the PTG shall monitor and evaluate all proposed and awarded contracts entered into by all national government agencies (NGAs), government owned and controlled corporations (GOCCs), government financial institutions (GFIs), state universities and colleges (SUCs) and local government units (LGUs), amounting to P100 million or more.
The PTG shall recommend remedial actions, improvements in procurement, contract implementation and monitoring processes to ensure compliance with contractual terms and to safeguard government and public interest.
If the contract is found non-compliant, the PTG shall recommend to the PAGC the imposition of sanctions, implementation of remedial measures, and the filing of criminal, civil and/or administrative charges if warranted.
