Amendment on Advance Payment in Procurement

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MEMORANDUM ORDER NO.172: Amendment on Advance Payment in Procurement

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Title Supreme Court: Amendment on Advance Payment in Procurement

Law: Memorandum Order No.172

Decision Date: May 19, 2005

An amendment to the Government Procurement Reform Act allows for advance payment of up to 15% of the contract amount, with exceptions for certain services and procurement related to calamities, and renumbers provisions in the law.

amendment

advance payment

contract amount

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