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Periodic Assessment. -Every three (3) years after the effectivity of this Act, the Philippine Institute for Development Studies (PIDS) shall conduct an impact assessment to evaluate the effectiveness of the 4Ps, the veracity of the list of household-beneficiaries and the program implementation.
The amounts indicated in Section 7 of this Act shall be made available to the qualified household-beneficiaries during the first three (3) years of the implementation of this Act: Provided, That every six (6) years after the effectivity of this Act, the PIDS shall recommend to the NAC whether the cash grants shall be adjusted to its present value using the consumer price index, as published by the PSA: Provided, further, That the NAC shall ensure that the grant amounts are sufficient to make a positive impact on the health, nutrition, and education of the beneficiaries and are timely received and spent by the beneficiaries.
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