Senate OKs bill expediting vaccine purchase, creating indemnity fund

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MANILA, Philippines — The Senate on Tuesday approved on third and final reading a bill seeking to expedite procurement of Covid-19 vaccines and to establish a national indemnity fund.

Voting 22-0, the chamber passed Senate Bill No. 2057 or the proposed Covid-19 Vaccination Program Act of 2021.

Under the bill, LGUs will be exempted from certain procurement rules under existing laws in purchasing vaccine doses for their constituents.

The measure also allows LGUs to make an advance payment of not more than 50 percent of the contract price “if required by the supplier, manufacturer, distributor, contractor or consultant.”

The Government Procurement Reform Act only allows ad…

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