# Event Details

- **Event Name**: Financial Accountability in Procurement and Contract Payments under RA 12009
- **Event Start and End Date**: Sun, 13 Sep, 2026 at 03:00 am – Sun, 13 Sep, 2026 at 06:00 am (+00:00)
- **Event Description**: Strengthen your understanding of procurement financial accountability and audit compliance under RA 12009 by applying practical controls for budgeting, contract payments, liquidation, and COA audit requirements.

Course Description:
This course provides a comprehensive analysis of public financial accountability and audit compliance under Republic Act No. 12009 (the New Government Procurement Act) and its Implementing Rules and Regulations. Participants will examine the legal requirements governing procurement planning, strategic budgeting, contract execution, and supplier payments while aligning with Department of Budget and Management (DBM) execution rules and Government Accounting Manual (GAM) standards. By examining common audit observations, participants will gain the technical expertise needed to establish internal controls, prevent suspensions and disallowances, and defend procurement payments during Commission on Audit (COA) post-audits.

Terminal Learning Outcome:
By the end of this webinar, participants will be able to execute procurement disbursements and contract payment liquidations in compliance with RA 12009, relevant DBM budget execution circulars, and GAM guidelines, while implementing internal control frameworks to mitigate COA audit findings, suspensions, and disallowances.

Enabling Learning Outcomes:
� Evaluate procurement payment documentation under RA 12009 against GAM requirements, DBM rules, and COA standards.
� Establish key internal control checkpoints across the procurement cycle to prevent illegal, irregular, unnecessary, excessive, extravagant, or unconscionable (IUEEU) expenditures.
� Assess legal and financial liabilities of certifying and approving officers in procurement payments to ensure compliance with the Administrative Code of 1987 and COA rules.
� Formulate technically accurate responses and corrective action plans for Audit Observation Memoranda (AOM), Notices of Suspension (NS), and Notices of Disallowance (ND) related to contract implementation and payments.

Webinar Outline:
� Module 1: Legal Framework of Financial Accountability in Procurement Under RA 12009
� Key shifts from RA 9184 to RA 12009 (New Government Procurement Act) affecting financial management, budgeting, and accountability.
� The interplay between RA 12009, P.D. No. 1445 (Government Auditing Code of the Philippines), and DBM National Budget Circulars.
� Mandatory alignment of Strategic Procurement Planning with the Early Procurement Activities (EPA) and Multi-Year Contractual Authority (MYCA) guidelines.
� Open Contracting Practice, Beneficial Ownership Transparency, and mandatory video recording threshold compliance for COA audit trails.

� Module 2: Pre-Audit Checkpoints, Budget Allocation, and Fund Availability Certification
� Section 85 & Section 86 of P.D. 1445: Proper certification of availability of funds prior to contract entering and signing.
� Earmarking, Obligation Request and Status (ORS), and Disbursement Voucher (DV) processing under GAM for National Government Agencies.
� Accounting treatment of multi-year contracts, advance payments (mobilization fees), and progress billings.
� Risk management in contract variations, price escalation, and supplemental agreements under RA 12009.

� Module 3: Disbursement Protocols, Contract Implementation, and Liquidation Controls
� Standardizing payment rules, framework agreement utilization, and digital transactions via mandatory PhilGEPS integration.
� Documentary requirements for Goods, Infrastructure Projects, and Consulting Services under updated COA Circulars and GAM Chapter 6.
� Retention money, performance security, and warranty security accounting and release protocols.
� Liquidated damages computation, termination of contracts, and forfeiture of guarantees.

� Module 4: COA Audit Findings in Procurement: IUEEU Sanctions and Common Deficiencies
� Analysis of COA Circular No. 2012-003: Identifying Irregular, Unnecessary, Excessive, Extravagant, and Unconscionable (IUEEU) expenditures in procurement.
� Red flags in contract payments: Splitting of contracts, artificial urgency, ghost deliveries, non-compliance with technical specifications, and improper subcontracting caps.
� Audit issues surrounding Most Economically Advantageous Responsive Bid (MEARB) vs. Lowest Calculated Responsive Bid (LCRB) evaluation standards.
� Strengthening agency Internal Control Systems (ICS) using National Guidelines on Internal Control Systems (NGICS) to prevent procurement-related audit findings.

� Module 5: Legal Remedies and Liability Management: Handling AOMs, NS, and NDs
� Anatomy of COA actions: Differentiating Audit Observation Memoranda (AOM), Notice of Suspension (NS), Notice of Disallowance (ND), and Notice of Charge (NC).
� Determining statutory liabilities of the Head of the Procuring Entity (HoPE), BAC members, Technical Working Group (TWG), Accountant, Treasurer, and Payee under Section 43, Chapter 5, Book VI of the Administrative Code of 1987.
� Procedural requirements for settling Notice of Suspension (NS) and lifting of audit requirements.
� Drafting effective Appeals, Motions for Reconsideration, and Petitions for Review under the 2009 Revised Rules of Procedure of the Commission on Audit (RRPC).

Target Rank/Position:
Procurement Officers, BAC Members, BAC Secretariat, Accountants, Budget Officers, Finance Officers, Disbursing Officers, and government personnel involved in procurement and contract payments.

Type of LD: Technical

Training Fee: Free
Certificate of Participation: ₱250 (Optional)
Slots Left: 700

Please fill out the form below to register:
https://forms.gle/Mkqhzo5342rW9oQn6
- **Event URL**: https://allevents.in/caloocan/financial-accountability-in-procurement-and-contract-payments-under-ra-12009/200030576640048
- **Event Categories**: Workshops, virtual, Business
- **Interested Audience**: 
  - total_interested_count: 136

## Ticket Details


## Event venue details

- **city**: Caloocan
- **location**: Online event
- **full address**: Online event, Casimiro 22-7, 1420 Caloocan City North, Philippines, Caloocan

## Event gallery

- **Alt text**: Financial Accountability in Procurement and Contract Payments under RA 12009
  - **Image URL**: https://cdn-az.allevents.in/events1/banners/e63fd1e5e25d0ec3bd75c2d941b5690f02b4cbf0029397da36179871c8def530-rimg-w1200-h1200-dcf8f8f8-gmir?v=1788584971

## FAQs

- **Q**: When and where is Financial Accountability in Procurement and Contract Payments under RA 12009 being held?
  - **A:** Financial Accountability in Procurement and Contract Payments under RA 12009 takes place on Sun, 13 Sep, 2026 at 03:00 am to Sun, 13 Sep, 2026 at 06:00 am at Online event, Casimiro 22-7, 1420 Caloocan City North, Philippines, Caloocan.
- **Q**: Who is organizing Financial Accountability in Procurement and Contract Payments under RA 12009?
  - **A:** Financial Accountability in Procurement and Contract Payments under RA 12009 is organized by GovLearn.PH.
- **Q**: Who is this event for? Is it right for me?
  - **A:** Financial Accountability in Procurement and Contract Payments under RA 12009 is ideal for curious learners, students, and skill-builders looking to gain hands-on knowledge and practical expertise in a focused, interactive setting. Whether you're a first-time attendee or a longtime enthusiast in Caloocan, this event is thoughtfully curated to deliver a standout experience worth every moment. With 130+ people already showing interest, this is clearly an event worth adding to your calendar - don't miss out.

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