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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 procurement requirements and identify if it falls under the small value procurement category.
02
Obtain the necessary approval and funding for the procurement.
03
Prepare a list of potential suppliers and obtain their price quotations.
04
Evaluate the quotations based on the specified criteria such as cost, quality, and delivery time.
05
Select the most suitable supplier and negotiate the terms and conditions of the procurement.
06
Prepare the procurement contract or purchase order and ensure all necessary details are included.
07
Obtain the appropriate signatures and approvals for the contract.
08
Monitor the procurement process and ensure timely delivery of the goods or services.
09
Perform a final inspection and acceptance of the goods or services.
10
Process the payment to the supplier as per the agreed terms.
11
Maintain proper documentation and records of the procurement process for future reference.

Who needs undertake small value procurement?

01
Small organizations or government agencies that require goods or services of lower value can undertake small value procurement. This method is suitable for smaller projects or purchases where the overall value is relatively low and does not require a complex procurement process.
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