Get the free (SMALL VALUE PROCUREMENT SEC 53

Name of the Procuring Entity Project Reference Number Name of the Project Location of the Project REQUEST TO SUBMIT PRICE QUOTATION (SMALL VALUE PROCUREMENT SEC 53.9/SHOPPING SEC 52) The BFP Region

How to fill out small value procurement sec

How to fill out small value procurement sec?

1. Start by reviewing the necessary procurement guidelines and regulations to ensure compliance.
2. Identify the specific goods, services, or works that fall under the small value procurement category.
3. Prepare a detailed description or specifications for the required goods, services, or works.
4. Determine the estimated value of the procurement, ensuring it falls within the designated threshold for small value procurements.
5. Decide on the appropriate procurement method and procedure to be followed, based on the established guidelines.
6. Create a procurement request document, including all relevant details such as the description, estimated value, procurement method, and any additional requirements or conditions.
7. Seek necessary approvals from relevant authorities or departments within the organization, as per the established approval process.
8. Publish or circulate the procurement request, ensuring it reaches potential suppliers or contractors.
9. Set a reasonable deadline for submission of bids or proposals, allowing sufficient time for interested parties to respond.
10. Evaluate the received bids or proposals according to predefined criteria and select the most suitable supplier or contractor.
11. Complete the necessary documentation, including the procurement contract or agreement, and any additional paperwork as required.
12. Communicate the awarded contract to the chosen supplier or contractor and provide any necessary instructions or requirements.
13. Monitor the procurement process and ensure the successful delivery of the goods, services, or works as agreed upon.
14. Maintain proper records of the procurement process, including all relevant documentation and correspondence.

Who needs small value procurement sec?

1. Small businesses or organizations that require goods, services, or works of relatively low value.
2. Government agencies or departments tasked with procuring small-scale items or services.
3. Non-profit organizations or charitable institutions that engage in small-scale procurement activities.
4. Educational institutions or schools that regularly purchase low-cost supplies, equipment, or services.
5. Individuals or households seeking to hire small-scale services or purchase low-value goods.

For pdfFiller’s FAQs

What is small value procurement sec?

Small value procurement sec refers to a section in the procurement guidelines that outlines the process for purchasing goods or services below a specified threshold.

Who is required to file small value procurement sec?

Any organization or individual involved in procuring goods or services below a certain threshold is required to file small value procurement sec.

How to fill out small value procurement sec?

To fill out small value procurement sec, one must provide details of the goods or services being procured, the supplier information, the cost, and any other relevant information.

What is the purpose of small value procurement sec?

The purpose of small value procurement sec is to ensure transparency and accountability in the procurement process for goods or services below a specified threshold.

What information must be reported on small value procurement sec?

The information that must be reported on small value procurement sec includes details of the goods or services being procured, the supplier information, the cost, and any other relevant information.

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