DEPARTMENT OF BUDGET AND MANAGEMENT BUDGET CIRCULAR No. 2007-03 November 29, 2007
TO     :   Heads of Departments, Bureaus, Offices and Agencies of the National Government Including State Universities and Colleges, Government-Owned or Controlled Corporations, Local Government Units; anf All Others Concerned
1.1 To ament no. 6.1 of BC 2004-5A which provides the funding source for payment oh honoraria and overtime pay to government personnel involved in government propurement as authorized under Republic Act No. 9184 (Government Procurement Reform Act), as follows: 1.2 To identify additional funding source for payment of honoraria and overtime pay to aforecited personnel and; 1.3 To Revise other related provisions of BC No. 2004-5A (i.e., items 6.3 and 6.4) in order to clarify to the manner of payment of said benefits. 2.0     Coverage This Circular shall apply to all national government agencies (NGAs) including state univesties and colleges (SUCs), government-owned or controlled corporations (GOCCs) and lcal government units (LGUs) |