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Republic of the Philippines QUEZON CITY GOVERNMENT BAC Goods and Services2nd floor, Procurement Department, Finance Building, Quezon City Hall CompoundREQUEST FOR QUOTATION NEGOTIATED PROCUREMENT SECTION

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How to fill out small value procurement

01

Determine the threshold for small value procurement in accordance with the organization's policies and regulations.

02

Identify the required goods or services to be procured.

03

Prepare the necessary procurement documents such as a request for quotation or proposal.

04

Invite potential vendors to submit their bids or proposals.

05

Evaluate the received bids based on predetermined criteria such as price, quality, and delivery time.

06

Select the winning bid and negotiate the terms and conditions if necessary.

07

Award the contract to the selected vendor and proceed with the procurement process.

08

Monitor and manage the performance of the vendor to ensure compliance with the contract terms.

Who needs small value procurement?

01

Small businesses and organizations that require goods or services of relatively low value and do not have the resources or need to go through a formal and lengthy procurement process.

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What is small value procurement?

Small value procurement refers to the process of acquiring goods, services, or construction projects that are below a certain monetary threshold set by an organization.

Who is required to file small value procurement?

Any individual or organization that needs to purchase goods or services below the specified threshold set for small value procurement is required to file for it.

How to fill out small value procurement?

To fill out small value procurement, the requester needs to provide details such as the description of goods/services needed, estimated cost, supplier information, and any other relevant documentation.

What is the purpose of small value procurement?

The purpose of small value procurement is to streamline the process of acquiring goods and services quickly and efficiently for low-cost transactions.

What information must be reported on small value procurement?

Information such as item description, quantity, unit cost, total cost, supplier details, and any supporting documentation must be reported on small value procurement.

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