Procurement of Motor Vehicle thru lease to own agreement

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Procurement of Motor Vehicle thru lease to own agreement

Post by Lionheart on Wed Aug 12, 2015 9:11 am

Guys, gusto ko sana mag inquire regarding sa pag procure ng Motor Vehicle not thru direct payment but thru Lease to own agreement. Allowed ba na mode of acquisition ito?

Thanks in advance

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Re: Procurement of Motor Vehicle thru lease to own agreement

Post by regina avelino on Wed Aug 12, 2015 9:39 am

2013-06-27

NPM 063-2013

Requesting Entity: Department of Agriculture (DA) Regional Field Office (RFO) No. 2

Issues Concern: Use of Limited Source Bidding (LSB) or Lease-to-Own Agreement in the Acquisition of Motor Vehicle




Details

Whether the procurement of brand new utility motor vehicle through lease purchase or lease-to-own contract finds basis under Section 46 of the Implementing Rules and Regulations of Republic Act No. 9184.

The entire provision, x x x x pertains only to the lease of a specific class of subjects � construction and office equipment. As such, the motor vehicle under the planned procurement activity must fall within the class of construction and office equipment in order x x x to properly invoke Section 46.

This does not mean, however, that procuring entities cannot lease, or enter into a variety of lease agreements for motor vehicles. x x x a lease-to-own arrangement is a variant of lease which involves procurement as defined under Section 5(aa) of the IRR.

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Re: Procurement of Motor Vehicle thru lease to own agreement

Post by Lionheart on Wed Aug 12, 2015 1:51 pm

Thanks for the help Ma'am Regina

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Re: Procurement of Motor Vehicle thru lease to own agreement

Post by ROD on Thu Aug 11, 2016 11:53 am

May I ask Madam REgina the source of fund of lease-to-own arrangement especially equipment? Is it still from Capital Outlay or MOOE?

Thank you.
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Re: Procurement of Motor Vehicle thru lease to own agreement

Post by spicegrinder on Mon Aug 22, 2016 1:04 pm

Query: Lease To Own arrangement is subject to prior approval by the Office of the President?
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Re: Procurement of Motor Vehicle thru lease to own agreement

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