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PROCUREMENT FORECAST According to Article 8 of Law No.04/L042, Law on Public Procurement For the Fiscal Year insert year In case of a public authority or a public undertaking, a preliminary Procurement
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Procurement forecast is a prediction of the goods and services that an organization expects to purchase in a specified future period.
Government agencies and organizations that engage in significant procurement activities are required to file procurement forecasts.
Procurement forecasts can be filled out by gathering information on upcoming procurement needs and entering them into the designated form or system.
The purpose of procurement forecast is to help organizations plan ahead for their purchasing needs, budget effectively, and ensure timely delivery of goods and services.
Information such as the quantity, type, and estimated cost of goods and services to be procured, as well as the timeline for procurement activities.
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