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REQUEST FOR QUOTATIONS (RFQ) IN ACCORDANCE WITH PREFERENTIAL PROCUREMENT POLICY FRAMEWORK ACT, 2000 AND PREFERENTIAL PROCUREMENT REGULATIONS 2017,THIS RFQ IS SUBJECT TO A PREQUALIFICATION CRITERIA
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Read and understand the Preferential Procurement Regulations 2017.
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Preferential procurement regulations refer to policies and guidelines that promote the inclusion of historically disadvantaged individuals or companies in the procurement process.
Government entities, public institutions, and private companies that adhere to government procurement laws are required to follow preferential procurement regulations.
Preferential procurement regulations can be filled out by providing information regarding the procurement process, including the criteria used to evaluate bids and the measures taken to promote diversity and inclusion.
The purpose of preferential procurement regulations is to level the playing field for historically disadvantaged individuals or companies, promote economic transformation, and ensure fair competition in the procurement process.
Information such as the criteria for evaluating bids, the measures taken to promote diversity and inclusion, and the results of the procurement process must be reported on preferential procurement regulations.
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