President Ferdinand Marcos Jr. approves the Electronic-Marketplace Procurement System (e-Marketplace) for government procurement.

President Ferdinand Marcos Jr. approves the Electronic-Marketplace Procurement System (e-Marketplace) for gov't procurement. Launching end-July or early Aug., the digital platform streamlines procurement, increases transparency, and improves efficiency. It aims to reduce procurement time from 26-136 days to 3-1 week, save costs via bulk procurement discounts, and doesn't replace traditional bidding but is an additional option.

May 14, 2024
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