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Republic of the Philippines NATIONAL FOOD AUTHORITY Region XI General Santos City REGIONAL BIDS AND AWARDS COMMITTEE Tel. Nos. (083) 5545242; Fax No. (083) 5526206Small Value Procurement No. NFARXI201705July
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How to fill out small value procurement no

01
To fill out small value procurement no, follow these steps:
02
Determine the threshold: Check the regulations or policies of your organization to determine the maximum value for small value procurement.
03
Collect necessary information: Gather all the relevant information about the procurement, including the items or services required, quantities, specifications, delivery timelines, and any specific requirements.
04
Identify potential suppliers: Research and identify potential suppliers who can meet your procurement needs for small value items or services.
05
Prepare the procurement document: Create a procurement document, such as a purchase order or request for quotation, with all the necessary details about the procurement.
06
Send the document to suppliers: Send the procurement document to the identified suppliers, either by email or through an online procurement system.
07
Evaluate supplier responses: Review and evaluate the responses received from the suppliers, considering factors such as price, quality, delivery terms, and any additional requirements.
08
Select the supplier: Based on the evaluation, select the supplier who offers the best value for small value procurement.
09
Finalize the procurement: Complete any required documentation, negotiate the terms if necessary, and finalize the procurement with the selected supplier.
10
Monitor and evaluate: Monitor the delivery and performance of the supplier to ensure compliance with the procurement agreement and evaluate their performance for future reference.
11
Maintain records: Keep records of the small value procurement process, including the procurement document, supplier responses, selection criteria, and any related correspondence.
12
Note: It is important to adhere to the procurement policies and regulations of your organization throughout the process.

Who needs small value procurement no?

01
Small value procurement no is needed by organizations or individuals who require to make purchases of low-value items or services.
02
It is typically used when the procurement value falls below a certain threshold specified by the organization's policies or regulations.
03
Small businesses, government agencies, non-profit organizations, educational institutions, and individuals may all need small value procurement no for their respective procurement needs.
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By following the small value procurement process, they can efficiently and effectively purchase the required items or services while ensuring transparency and accountability.

What is Small Value Procurement No template Form?

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Small Value Procurement No template template instructions

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Small value procurement no refers to the process of purchasing goods or services below a certain monetary threshold set by an organization.
Any organization or individual that is conducting small value procurement is required to file a small value procurement no.
To fill out a small value procurement no, you need to provide information such as the name of the vendor, description of goods/services, quantity, price, and payment terms.
The purpose of small value procurement no is to ensure transparency and accountability in the procurement process for small purchases.
Information such as the name of the vendor, description of goods/services, quantity, price, and payment terms must be reported on small value procurement no.
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