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REPUBLIC OF THE PHILIPPINESPHILIPPINE STATISTICS AUTHORITY CANADA REQUEST FOR QUOTATION The Philippine Statistics Authority through its Regional Bids and Awards Committee (RAC) will undertake alternative

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How to fill out procurement small value procurement

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Identify the need for a small value procurement.

02

Determine the specifications and requirements for the goods or services needed.

03

Obtain quotes or bids from potential suppliers.

04

Evaluate the quotes or bids based on factors such as price, quality, and delivery time.

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Select the supplier that best meets the requirements and negotiate the terms of the procurement.

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Create a procurement request or purchase order.

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Monitor the delivery of the goods or services and ensure that all terms are met.

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Process payment to the supplier and close out the procurement.

Who needs procurement small value procurement?

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Small businesses or organizations that need to purchase goods or services with a value below a certain threshold.

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What is procurement small value procurement?

Procurement small value procurement refers to the process of purchasing goods or services through a simplified and streamlined procedure designed for purchases below a certain threshold amount.

Who is required to file procurement small value procurement?

Any entity or individual who needs to purchase goods or services below a certain threshold amount may be required to file procurement small value procurement.

How to fill out procurement small value procurement?

To fill out a procurement small value procurement, one typically needs to provide details about the goods or services being purchased, the vendor or supplier, the cost, and any other relevant information.

What is the purpose of procurement small value procurement?

The purpose of procurement small value procurement is to simplify and expedite the process of purchasing goods or services that are below a certain threshold amount, while still ensuring transparency and accountability.

What information must be reported on procurement small value procurement?

The information that must be reported on procurement small value procurement may include details about the goods or services purchased, the vendor or supplier, the cost, the payment method, and any other relevant information.

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