Half marathon budget P27k short
Friday, August 26, 2022 | 0 Views |
Update: BDF Athletics Club’s press conference to announce plans for the race PIC: PHATSIMO KAPENG
The total budget for prize monies was P69,800 and the club had raised P42,800 by midweek. BDF Athletics Club sponsorship manager, Gerald Bashingi, said during a press briefing this week that in the event of a shortfall they will have to make plans. “We have a contingency plan for the shortfall.
If we do not get sponsors, we get closer to the prize money from the previous event. We do not intend to go below that or rather match the prizes we had in 2019,” he said. Bashingi said the P27,000 can be sourced from the money that was raised during registration.
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...