The NEDA-DBM Joint Memorandum Circular (JMC) No. 2016-01, entitled “Policy Guidelines and Procedures for the Formulation of the Three (3)-Year Rolling Infrastructure Program (TRIP)” is being issued to guide all concerned Departments, Bureaus, Offices and Agencies of the National Government (NG), including State Universities and Colleges (SUCs) and Government-Owned and -Controlled Corporations (GOCCs), in the development and updating of their respective lists of Tier 1 (ongoing) and Tier 2 (new and/or expanded) infrastructure programs/activities/projects (PAPs) for the FY2018 budget process.