Budget Secretary Amenah Pangandaman and LandBank president and chief executive Lynette Ortiz signed the agreement on Aug. 3, 2023. READ MORE:
a government purchase card that simplifies, in a faster and cost-efficient way, the purchase of goods and services by government agencies.
The GPC—a charge/credit card to be issued and facilitated by LandBank to authorized government personnel and programmed with pre-assigned credit limits and merchant restrictions—is part of DBM’s pursuit of the government’s digital transformation program for the entire bureaucracy. Pangandaman said this was an important collaboration with LandBank, which could be considered a milestone for cost savings and another step towards the achievement of bureaucratic efficiency and ease of doing business.
Ortiza said DBM would benefit from the use of GPC to eliminate procurement lead time, facilitate quicker payments and lowered administrative costs for purchases.
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