Manila, July 3 -- The Department of Budget and Management (DBM) has approved the use of Standard Forms for Procurement as part of government efforts to streamline processes and improve transparency under the new government procurement law.

Budget Secretary and Government Procurement Policy Board (GPPB) Chairperson Amenah Pangandaman announced the approval of the forms through GPPB Resolution No. 03-2025, as mandated by Republic Act 12009 or the New Government Procurement Act (NGPA), signed by President Ferdinand R. Marcos Jr. in July 2024.

"This is a crucial step in streamlining processes and promoting transparency and efficiency across all government procurement transactions," Pangandaman said, as quoted in a DBM news release Thursday....