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PIM 98-008, 7/1/01 July 1, 2001, MEMORANDUM TO: Purchasing Offices Departments, Institutions, Agencies Commonwealth of Virginia FROM: Ron Bell Director SUBJECT: Procurement Information Memoranda (PIM)

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What is agency procurement and surplus?

Agency procurement involves the process of acquiring goods, services, and works on behalf of a government agency. Surplus refers to the excess or unused items that are no longer needed by the agency.

Who is required to file agency procurement and surplus?

Government agencies and departments are required to file agency procurement and surplus reports.

How to fill out agency procurement and surplus?

The agency procurement and surplus reports can be filled out electronically through the designated online portal provided by the governing authority. The required information should be entered accurately and completely.

What is the purpose of agency procurement and surplus?

The purpose of agency procurement and surplus reporting is to promote transparency, accountability, and efficiency in the government procurement process. It allows for monitoring and evaluation of agency spending and the identification of surplus items for potential reutilization or disposal.

What information must be reported on agency procurement and surplus?

The reporting requirements may vary, but typically agency procurement and surplus reports should include details such as the description of procured items or services, associated costs, suppliers, procurement methods, and information about surplus items including condition, quantity, and estimated value.

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