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INTERNATIONAL COMPETITIVE BIDDING Procurement of Goods Bank of Sierra Leone Procurement of IT SYSTEMS Procurement Number: BSL/MID/2015/0001 ISSUE DATE: 2nd April 2015 1 Index of Contents Section I.
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How to fill out international competitive bidding procurement

01
First, gather all the necessary documentation required for the bidding process.
02
Next, familiarize yourself with the procurement guidelines and regulations specific to international competitive bidding.
03
Identify the project requirements and specifications, and conduct a thorough evaluation to determine the necessary criteria for selecting a vendor.
04
Prepare the bidding documents, ensuring they include all the necessary information and requirements for potential bidders.
05
Publish the bid notice in relevant publications or online portals to attract potential bidders.
06
Host a pre-bid meeting to provide potential bidders with an opportunity to ask questions and clarify any doubts regarding the bidding process.
07
Evaluate the received bids based on pre-determined criteria, such as price, experience, and technical capabilities.
08
Select the most suitable bidder based on the evaluation results and notify them of their successful bid.
09
Negotiate and finalize the contract with the selected vendor, ensuring all terms and conditions are agreed upon.
10
Monitor the implementation of the procurement contract to ensure compliance and quality standards are met.

Who needs international competitive bidding procurement?

01
Government entities and organizations involved in large-scale infrastructure projects often need international competitive bidding procurement.
02
Multinational corporations in need of outsourcing certain projects or procuring goods or services from foreign vendors.
03
International development agencies who prioritize transparency and open competition in procurement processes.
04
Non-profit organizations working on international projects that require fair and competitive procurement methods.
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International competitive bidding procurement is a process in which suppliers from various countries can submit bids to provide goods or services to a government or organization.
Any government agency or organization looking to purchase goods or services through a competitive bidding process may be required to file international competitive bidding procurement.
To fill out international competitive bidding procurement, suppliers must follow the guidelines set by the procuring entity and submit their bids in accordance with the specified deadline.
The purpose of international competitive bidding procurement is to ensure transparency, competition, and fairness in the procurement process, ultimately leading to better value for the procuring entity.
Information that must be reported on international competitive bidding procurement includes the name of the supplier, bid amount, proposed goods or services, and any relevant terms and conditions.
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