Dbm Government Fares Agreement
DBM Government Fares Agreement: Everything You Need to Know
The Department of Budget and Management (DBM) is responsible for ensuring that government agencies spend money efficiently and effectively. One way they do this is by negotiating favorable pricing agreements for government travel, including airfare. The DBM Government Fares Agreement is one such agreement that all government agencies must follow. In this article, we’ll take a closer look at what the agreement is all about and what it means for government travelers.
What is the DBM Government Fares Agreement?
The DBM Government Fares Agreement is a pricing agreement negotiated by the DBM on behalf of all government agencies in the Philippines. The agreement covers airfare for domestic and international travel, as well as hotel accommodations and other travel-related expenses.
The purpose of the agreement is to ensure that government agencies receive the best possible pricing on travel expenses, while also promoting transparency and accountability in government spending. By negotiating bulk pricing with airlines and other travel providers, the DBM is able to save the government money while still providing quality travel options for government employees.
Who is covered by the agreement?
All government agencies in the Philippines are covered by the DBM Government Fares Agreement. This includes national government agencies, local government units, and government-owned and controlled corporations.
The agreement also covers government-funded travel for official business, including travel by elected officials, civil servants, and government contractors.
What are the benefits of the agreement?
The DBM Government Fares Agreement provides several benefits for government agencies and their employees. These include:
1. Lower travel costs – By negotiating bulk pricing with airlines and other travel providers, the DBM is able to secure lower prices for government travel. This saves the government money while still providing quality travel options for government employees.
2. Transparency and accountability – The agreement promotes transparency and accountability in government spending by requiring government agencies to follow established pricing guidelines and report their travel expenses.
3. Streamlined processes – The agreement streamlines the travel booking process for government employees by providing access to a centralized booking system and travel portal.
4. Quality travel options – Despite the lower costs, the agreement still provides quality travel options for government employees, including access to premium airlines and hotel chains.
How does the agreement work?
Under the DBM Government Fares Agreement, government agencies are required to follow established pricing guidelines for travel expenses. These guidelines outline the maximum allowable prices for airfare, hotel accommodations, and other travel-related expenses.
To book travel, government employees must use the centralized booking system and travel portal provided by the DBM. This system ensures that all travel is booked through approved providers and at the negotiated rates.
Once travel is complete, government employees must submit a travel expense report that documents their expenses and compares them against the established pricing guidelines. This report is then reviewed by the agency’s accounting department and may be subject to audit by the Commission on Audit (COA).
Conclusion
The DBM Government Fares Agreement is an important tool for promoting efficiency and accountability in government spending. By negotiating bulk pricing for travel expenses, the DBM is able to save the government money while still providing quality travel options for government employees. If you work for a government agency, it’s important to be familiar with the agreement and follow its guidelines to ensure that your travel expenses are in compliance.