Thursday, June 14, 2007
The Procurement Service is committed to assist government in the
judicious management of its financial resources.
In fulfillment of this commitment, the Service dedicates itself
to the implementation and maintenance of an integrated procurement system
so designed as to ensure economy, convenience and efficiency in the acquisition of goods for the government.
It shall provide government agencies service of the highest standard.
The Service shall maintain a dynamic team of motivated and goal-driven professionals
united in vision and action and working in an atmosphere that fosters personnel development.
The Procurement Service (PS) was created on October 18, 1978 by virtue of Letter of Instructions (LOI) No. 755 which directed the establishment of an integrated procurement system for the national government and its instrumentalities. The mechanics of the PS system were earlier tested and validated from 1976 to 1978 in an experimental implementation of a centralized form of procurement on a limited basis.
On July 28, 1987 the President issued Executive Order No. 285 reiterating the mandate of LOI 755 by abolishing the General Services Administration and transferring the procurement and price monitoring functions of the Supply Coordination Office to the PS. Subsequently, on June 02, 1989 the President issued Executive Order No. 359 which prescribed the systematic expansion of the PS through a network of regional depots under a governing Procurement Policy Board.