Get the free (NEGOTIATED PROCUREMENT SMALL VALUE)

NATIONAL TRANSMISSION CORPORATION CORPORATE SERVICES GROUP TransCo Annex Bldg., Dalian, Quezon City Tel. Nos. 9021523/21 Fax Nos. 9146209/13 SUPPLIERS TECHNICAL /PRICE QUOTATION FORM (NEGOTIATED PROCUREMENT:

How to fill out negotiated procurement small value

How to fill out negotiated procurement small value:

1. Determine if you are eligible: Before filling out the form for negotiated procurement small value, ensure that you meet the criteria for this procurement method. Generally, this method is suitable for purchases below a certain value threshold, which may vary depending on the organization's policies or local regulations.
2. Gather relevant information: Collect all the necessary information that will be required to complete the form accurately. This may include details such as the description of the goods or services needed, the estimated cost, delivery requirements, and any specific terms and conditions.
3. Fill in the procurement form: Use the provided procurement form or template to enter the required information. Begin by providing your organization's details, including name, contact information, and any identification numbers that may be necessary. Then, proceed to fill in the necessary fields regarding the procurement itself.
4. Specify the requirements: Clearly describe the goods or services needed. Include as much detail as possible to ensure suppliers have a clear understanding of what is expected. Specify any technical specifications, quality standards, or certifications that may be required.
5. Estimate the cost: Provide an estimated budget for the procurement, including any applicable taxes or fees. This will help suppliers determine if they can meet your requirements within the given budget.
6. Delivery requirements: Indicate the desired delivery timeline or any specific milestones that need to be met. Be realistic in your expectations, taking into account factors such as production lead times, shipping, or service implementation.
7. Review and submit: Once you have completed filling out the form, carefully review all the entered information for accuracy and completeness. Make any necessary corrections before submitting the procurement form.

Who needs negotiated procurement small value?

1. Small businesses: Negotiated procurement small value can be beneficial for small businesses that may not have the resources or capabilities to compete in larger, more complex procurement processes. It provides them with opportunities to secure contracts for smaller value procurements.
2. Government agencies or organizations: Government agencies or other organizations may use negotiated procurement small value to streamline and expedite the procurement process for low-value acquisitions. It allows them to efficiently obtain the required goods or services within established guidelines.
3. Non-profit organizations: Non-profit organizations may also utilize negotiated procurement small value when seeking to acquire goods or services within budgetary constraints. This procurement method allows them to efficiently fulfill their needs while adhering to financial limitations.
4. Startups or entrepreneurs: Startups or entrepreneurs may find negotiated procurement small value helpful when looking for cost-effective options to fulfill their business requirements. It enables them to obtain the necessary goods or services without the complexities and higher costs associated with larger procurement processes.

In summary, negotiated procurement small value is suitable for small businesses, government agencies, non-profit organizations, startups, and entrepreneurs to efficiently and effectively fulfill their procurement needs within specific cost and resource constraints.

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What is negotiated procurement small value?

Negotiated procurement small value is the method of procurement where the procuring entity directly negotiates a contract with a supplier for the purchase of goods, services, or construction works with a value not exceeding a certain threshold.

Who is required to file negotiated procurement small value?

Government agencies and entities that need to purchase goods, services, or construction works with a value not exceeding the threshold set for negotiated procurement small value.

How to fill out negotiated procurement small value?

Negotiated procurement small value can be filled out by providing the necessary information about the procurement process, supplier selection, contract terms, and value of the procurement.

What is the purpose of negotiated procurement small value?

The purpose of negotiated procurement small value is to provide government agencies with a simplified and fast-tracked procurement process for small value purchases.

What information must be reported on negotiated procurement small value?

Information such as the procuring entity, supplier details, procurement method, contract terms, and value of the procurement must be reported on negotiated procurement small value.