Guidelines on Index-Based Pricing for POL Procurement

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Title Supreme Court: Guidelines on Index-Based Pricing for POL Procurement

Law: Gppb No. 05-2005

Decision Date: Apr 1, 2005

Government Procurement Policy Board Resolution No. 05-05 provides guidelines on index-based pricing for the procurement of petroleum, oil, and lubricant requirements in the Philippines, allowing for fixed bid prices with exceptions under extraordinary circumstances and the approval of the Government Procurement Policy Board.

government procurement

policy board resolution

guidelines

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