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REPUBLIC OF THE PHILIPPINESPHILIPPINE STATISTICS AUTHORITY REQUEST FOR QUOTATION The Philippine Statistics Authority (PSA) through its Bids and Awards Committee (BAC) will undertake small value procurement

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How to fill out undertake small value procurement

01

Determine the goods or services required for the small value procurement.

02

Prepare the procurement documents, including the invitation to bid or request for quotations.

03

Advertise the procurement opportunity through appropriate channels, such as public notice boards or online platforms.

04

Receive and evaluate bids or quotations from interested suppliers or service providers.

05

Select the supplier or service provider who meets the necessary requirements and offers the best value for money.

06

Negotiate and finalize the procurement contract with the selected supplier or service provider.

07

Ensure proper documentation and record keeping of the procurement process for audit and compliance purposes.

08

Monitor the performance of the supplier or service provider and address any issues or concerns that arise.

09

Close the procurement process by completing all necessary administrative and financial tasks.

10

Conduct a post-procurement review to identify areas for improvement in future small value procurements.

Who needs undertake small value procurement?

01

Organizations or individuals who need to procure goods or services of low monetary value often opt for undertaking small value procurement.

02

Small value procurement is suitable for organizations with limited budgets or those who require immediate procurement without going through lengthy and complex procedures.

03

Government agencies, non-profit organizations, small businesses, and individuals may all need to undertake small value procurement at various times.

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What is undertake small value procurement?

Undertake small value procurement is the process of purchasing goods or services at a lower cost without having to go through a formal bidding process.

Who is required to file undertake small value procurement?

Government agencies, departments, or organizations that are authorized to make purchases on behalf of the government are required to file undertake small value procurement.

How to fill out undertake small value procurement?

Undertake small value procurement can be filled out by providing details of the goods or services to be purchased, the estimated cost, justification for not going through a formal bidding process, and approval from the appropriate authorities.

What is the purpose of undertake small value procurement?

The purpose of undertake small value procurement is to streamline the purchasing process for lower-cost items or services and to save time and resources by avoiding the formal bidding process.

What information must be reported on undertake small value procurement?

Information such as the description of goods or services, estimated cost, justification for not bidding, approval from authorities, and any other relevant details must be reported on undertake small value procurement.

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