Manila, Feb. 11 -- The Implementing Rules and Regulations (IRR) of Republic Act (RA) 12009, or the New Government Procurement Act (NGPA) has set out the procurement strategies and the rules for the digital procurement to ensure a more streamline, responsive and modernized procurement process.

Based on the IRR uploaded on the Official Gazette on Monday, the procuring entities are required to assess market conditions, supplier capabilities and industry trends in preparing their project procurement management plans to optimize resource allocation and ensure effective implementation.

During the planning stage, the procuring entity should take into account the 10 strategic considerations laid out in the IRR.

These include the life cycle ass...