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TOWN OF COLONIES
PROCUREMENT POLICIES
AND
PROCEDURES September 21, 2017Town of Colonies
Purchasing Policy and Procedures
Mission Statement
The Town of Colonies General Services Department dedicates
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What is procurement policies?
Procurement policies are guidelines and rules that govern the process of purchasing goods and services.
Who is required to file procurement policies?
All organizations, companies, or entities that engage in purchasing goods and services are required to have and follow procurement policies.
How to fill out procurement policies?
Procurement policies are typically filled out by outlining the rules and procedures for purchasing goods and services, including steps for approval, supplier selection, and budget considerations.
What is the purpose of procurement policies?
The purpose of procurement policies is to ensure transparency, fairness, and efficiency in the purchasing process, while also preventing fraud, corruption, and conflicts of interest.
What information must be reported on procurement policies?
Information that must be reported on procurement policies includes the procurement process, vendor selection criteria, pricing terms, and any exceptions or waivers to the policy.
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