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SOUTHERN METHODIST UNIVERSITY SPONSORED RESEARCH ADMINISTRATIONSPONSORED PROJECTPROCUREMENT POLICY AND PROCEDURE May 1, 2015TABLE OF CONTENTS DESCRIPTIONPAGEIntroduction ....................................................................................................................1 Acronyms
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- Legal departments
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The summary of procurement procedure is a document outlining the steps and process involved in obtaining goods or services through purchasing.
Government agencies and organizations involved in procurement are generally required to file a summary of procurement procedure.
The summary of procurement procedure can be filled out by providing details on the procurement process, such as the goods or services being procured, the suppliers involved, and the evaluation criteria.
The purpose of the summary of procurement procedure is to provide transparency and accountability in the procurement process, ensuring that it is fair and competitive.
Information such as the procurement method used, the estimated cost of the procurement, the selection criteria, and any conflicts of interest must be reported on the summary of procurement procedure.
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