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Republic of the PhilippinesPHILIPPINE STATISTICS AUTHORITY Region 7 Central VisayasREQUEST FOR QUOTATION RFQ #0761RFQ2022 11027 07 November 2022The Philippine Statistics AuthorityRegion 7 (PSAR07)
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How to fill out small value procurement for

01
Determine the threshold amount set by your organization for small value procurement.
02
Identify the goods or services needed and obtain quotes from potential suppliers.
03
Fill out the small value procurement form provided by your organization, including details such as supplier information, item description, quantity, unit price, and total cost.
04
Submit the completed form to the appropriate department or individual for approval.
05
Once approved, proceed with ordering the goods or services from the chosen supplier.

Who needs small value procurement for?

01
Small value procurement is typically used by organizations or departments within organizations that need to purchase low-cost items or services quickly and efficiently.
02
It is commonly used for routine purchases such as office supplies, maintenance services, or small-scale projects where the cost does not exceed a certain threshold.
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Small value procurement is typically used for purchasing goods or services that are below a certain monetary threshold, usually in order to streamline the procurement process.
Anyone in charge of procurement within an organization may be required to file small value procurement forms, depending on the internal policies and procedures of the organization.
Small value procurement forms are typically filled out with information such as the description of the goods or services being procured, the cost, the vendor information, and any other relevant details.
The purpose of small value procurement is to simplify the procurement process for low-cost goods or services, and to ensure transparency and accountability in the purchasing process.
Information that must be reported on a small value procurement form may include the description of goods or services, cost, vendor information, date of purchase, and any other relevant details.
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