Section 38. Video Recording of All Procurement-Related Conferences for Competitive Bidding. - To enhance the transparency of the procurement process, the Procuring Entity shall keep a video recording of all procurement-related conferences for Competitive Bidding, which includes pre-procurement conference, pre-bid conference, bid opening, and other meetings of the BAC. All procurement-related conferences for Competitive Bidding shall not commence without a video recording initiated by the BAC. The Procuring Entity shall also livestream the preliminary examination and the opening of the bids to the public on its website, social media account, or any other form of livestreaming services.

The mandatory video recording shall only apply to the procurement of Goods costing above Ten million pesos (P10,000,000.00). Infrastructure Projects costing above Twenty million pesos (P20,000,000.00), and Consulting Services costing above Five million pesos (P5,000,000.00) using competitive bidding as the mode of procurement.

The Procuring Entity shall ensure that copies of the video recording shall be stored for not less than five (5) years and shall be made available to the public upon request and payment of a fee.

When national security to involved, the HoPE shall decide whether or not to video record all procurement related conferences, taking into consideration the nature, classification, sensitivity, and confidentiality thereof.

The GPPB is authorized to adjust the threshold amounts and the storage period as may be deemed appropriate.