Award warning
Friday, September 05, 2008
Every year Wine Spectator magazine awards prizes to restaurants around the world for the quality of the wine they serve. This year they gave an "Award of Excellence" to a very fancy restaurant in Milan in Italy called Osteria L'Intrepido.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...