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STATE OF DELAWARE Office of Management and BudgetBUDGET AND ACCOUNTING POLICY ProcurementTable of Contents: Chapter 5 Procurement Chapter 5 Procurement ................................................................................................................
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To fill out chapter 5 procurement, follow these steps:
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Begin by providing the necessary details of the procurement process, including the project description, objectives, and timeline.
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Clearly outline the criteria for selecting potential suppliers, including any specific qualifications or certifications required.
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Identify the procurement method to be used and provide a detailed explanation of the process.
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Include all relevant documentation, such as request for proposals, bid forms, and contract templates.
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Clearly outline the terms and conditions of the procurement, including payment terms, delivery schedules, and any penalties for non-compliance.
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Chapter 5 procurement is typically required by organizations or project managers who are involved in procurement activities.
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It helps to ensure that the procurement process is well-documented and follows a structured approach.
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This chapter is particularly useful for government agencies, construction companies, and businesses that regularly engage in procurement for goods or services.
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