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CORPORATE SERVICES SECTOR | PROCUREMENT MANAGEMENT SUBSECTION PROCUREMENT MANAGEMENT DEPARTMENT REQUEST FOR QUOTATION Negotiated Procurement Small Value Procurement BACH GS No. 20230710 dated 29 May
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How to fill out negotiated procurement small value

How to fill out negotiated procurement small value
01
Determine the specific requirements and specifications for the goods or services needed.
02
Identify potential suppliers or contractors who can provide the required goods or services.
03
Prepare a Request for Quotation (RFQ) document detailing the requirements, terms, and conditions.
04
Send the RFQ to the selected suppliers or contractors for them to submit their price quotations.
05
Evaluate the quotations received based on price, quality, and other relevant factors.
06
Negotiate with the selected supplier or contractor to agree on the final terms and pricing.
07
Once the negotiations are complete, prepare a Purchase Order or Contract for the selected supplier to sign.
Who needs negotiated procurement small value?
01
Government agencies or entities that are procuring goods or services with a value below a certain threshold set by their procurement regulations.
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What is negotiated procurement small value?
Negotiated procurement small value is a method of procurement where the contract is awarded to the supplier based on a negotiation process for goods, services, or construction projects with a value not exceeding a certain threshold.
Who is required to file negotiated procurement small value?
Government agencies, departments, or entities that need to procure goods, services, or construction projects within a small value threshold are required to file negotiated procurement small value.
How to fill out negotiated procurement small value?
To fill out negotiated procurement small value, the procuring entity needs to provide details of the procurement process, supplier selection criteria, negotiated terms, and other relevant information as stipulated in the procurement guidelines.
What is the purpose of negotiated procurement small value?
The purpose of negotiated procurement small value is to allow government agencies to efficiently and effectively procure goods, services, or construction projects from suppliers without the need for a lengthy and formal bidding process.
What information must be reported on negotiated procurement small value?
The information that must be reported on negotiated procurement small value includes the name of the supplier, description of the goods/services, value of the contract, justification for the negotiated procurement, and any other relevant details.
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