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REQUEST FOR Quotation Philippine Statistics Authority through its Regional Bids and Awards Committee (RAC) will undertake alternative mode of procurement, Small Value Procurement for Accommodation
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How to fill out small value procurement for
How to fill out small value procurement for
01
Determine the goods or services needed for the small value procurement.
02
Research potential suppliers who can provide the required goods or services.
03
Prepare the documentation required for the procurement process, such as a Request for Quotation (RFQ) or Invitation to Bid (ITB).
04
Issue the RFQ or ITB to the selected suppliers and provide them with clear instructions on how to submit their proposals.
05
Receive and evaluate the proposals received from the suppliers based on criteria such as price, quality, and delivery time.
06
Select the supplier with the most favorable proposal and negotiate the terms and conditions if necessary.
07
Prepare the contract or purchase order with the selected supplier, specifying the agreed-upon terms and conditions.
08
Monitor the supplier's performance and ensure that the goods or services are delivered as agreed upon.
09
Process the payment to the supplier upon successful delivery and acceptance of the goods or services.
10
Keep records of the procurement process for future reference and audit purposes.
Who needs small value procurement for?
01
Small value procurement is needed by organizations or individuals who are looking to acquire goods or services that have a relatively low value.
02
This procurement method is often used for purchasing non-critical items or services, such as office supplies, minor equipment, maintenance services, or small-scale repairs.
03
It is commonly used by small businesses, government agencies, educational institutions, and non-profit organizations that have limited budgets or do not require complex procurement procedures.
04
Small value procurement allows for a simplified and streamlined purchasing process, making it suitable for entities that do not have the resources or need for larger-scale procurement methods.
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What is small value procurement for?
Small value procurement is for the purchase of goods, services, or construction projects that are below a certain threshold set by the organization.
Who is required to file small value procurement for?
Any individual or organization that is undertaking a procurement process for goods, services, or construction projects below the threshold set for small value procurement.
How to fill out small value procurement for?
Small value procurement forms can be filled out by providing information about the vendor, the items being procured, the cost, and any other relevant details required by the organization.
What is the purpose of small value procurement for?
The purpose of small value procurement is to streamline the purchasing process for low-value items, services, or projects and ensure transparency in the procurement process.
What information must be reported on small value procurement for?
Information such as vendor details, item descriptions, quantities, costs, and any approvals or authorizations related to the procurement must be reported on small value procurement forms.
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