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PHILIPPINE BIDDING DOCUMENTS (As Harmonized with Development Partners)PROCUREMENT FOR THE CONTINUOUS FORMS FOR PAYROLL PRINTING FOR CY 2023 (EARLY PROCUREMENT) Government of the Republic of the Philippines
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How to fill out procurement of goods

01
Identify the products needed for procurement
02
Determine the quantity of each product required
03
Develop a procurement plan or schedule
04
Obtain quotes or proposals from potential suppliers
05
Evaluate the quotes or proposals based on price, quality, and other criteria
06
Select a supplier and negotiate the terms of the procurement
07
Issue a purchase order to the chosen supplier
08
Receive and inspect the goods upon delivery
09
Pay the supplier according to the agreed upon terms

Who needs procurement of goods?

01
Businesses looking to purchase goods for resale or internal use
02
Government agencies procuring goods for public projects
03
Nonprofit organizations acquiring supplies for their programs
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Procurement of goods refers to the process of acquiring goods and services from external sources, often through a systematic approach that includes identifying needs, sourcing suppliers, and negotiating contracts.
Typically, businesses and organizations that engage in the purchasing of goods for operational purposes are required to file procurement of goods, particularly if mandated by regulatory authorities.
To fill out procurement of goods, one must gather all relevant purchase information, complete the required forms with accurate details regarding the goods acquired, including quantity, supplier information, and costs, and then submit the forms to the designated authority.
The purpose of procurement of goods is to ensure that organizations can acquire the necessary resources efficiently and effectively while adhering to legal and regulatory standards.
Reportable information typically includes the description of goods, quantity, price, supplier details, purchase date, and any applicable terms and conditions.
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