I. Investment Programming
Investment Programming is the the process of matching the resource requirements of the LGUs priority programs and projects with available resources. It is undertaken to enable the LGU to effectively identify and provide proper funding sources to its pipeline of priority projects. The Regional Development Investment Program a document containing the programs, projects and activities that will realize the goals and targets of the Regional Development Plan (RDP). It is initially identified by government entities and private sector/NGO representatives duly approved and adopted by the Regional Development Council.
The Budget Call outlines the priorities of the national government (President Aquino’s Social Contract with the Filipino People). It aims to strengthen the linkages of planning, investment programming, and budgeting thru a participatory process involving the civil society and the RDC. The DBM also issues the budget ceiling or forward estimates based on the government’s expenditure framework.
A. Regional Development Investment Program
The yearly slice of the RDIP is called the Annual Investment Program (AIP) that guides the line agencies and state universities/ colleges in budget preparation and the RDC in its budget review. The DBM release of the National Budget Call (usually December) signals the preparation by all government entities of the budget for the upcoming year, i.e National Budget Memorandum No. 115 dated December 28, 2012 otherwise known as the National Budget Call for Fiscal Year 2014.
B. Private-Public Partnership
Public-Private Partnership (PPP) refers to a transaction where a private company implements a public sector project and is assured of a reasonable return on its investment. PPP is a contractual arrangement between parties with clear roles and obligations so that project cost is minimized without compromising the attainment of project development objectives. (The Philippine BOT Law)
Official Development Assistance are loans and grants to the Philippines provided by bilateral and multilateral institutions. ODA is concessional in character, ie. lower interest rates and longer maturity/grace periods. ODA seeks to promote economic development.
II. Project Tracking
The Project Tracking System was created to know the status of a project from conceptualization, programming, funding, implementation, completion and operation. The system covers all projects with different levels of preparedness. These may be project ideas, proposals, pre-investment studies, pre-feasibility studies, feasibility studies or pipeline projects. On-going and completed projects are also included in the system. The project tracking has two sub-systems. These are the sub-system for proposed projects and the sub-system for monitoring on-going and completed projects.
III. Project Monitoring and Evaluation
In line with the government’s policies on decentralization and administrative delegation. Regional Development Councils (RDCs) were reorganized and strengthened through Executive Order (EO) No. 308, which among others, tasked the RDCs with the coordination of project implementation, monitoring and evaluation. Moreover, Memorandum Order (MO) No. 175 was issued on 225 May 1988 which created Project Monitoring Committees at the provincial/city and municipal levels to monitor local government projects funded from national government and local government funds. In support of these policies and to facilitate project implementation, monitoring and evaluation at the regional and subregional levels, a Regional Project Monitoring and Evaluation System (RPMES) was established through EO 376 dated 2 November 1989. The system provides a scheme for monitoring and evaluating projects at the national, regional, provincial/city and municipal levels, with the extensive and active participation of various government agencies , local government units and nongovernment organizations (NGOs) at all levels.