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Republic of the PhilippinesPHILIPPINE STATISTICS AUTHORITY Region 7 Central Visayans REQUEST FOR QUOTATION RFQ #202206457 28 June 2022The Philippine Statistics AuthorityRegion 7 (PSAR07) through its
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Determine the procurement threshold set by the organization for small value procurement.
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Who needs small value procurement for?
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Small businesses or vendors who are looking to provide goods or services to an organization within the procurement threshold for small value procurement.
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Organizations or departments within an organization that need to make small purchases quickly and efficiently without going through the regular procurement process.
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What is small value procurement for?
Small value procurement is used for purchasing goods or services that fall below a certain monetary threshold set by an organization.
Who is required to file small value procurement for?
Anyone within an organization who is responsible for making small purchases may be required to file small value procurement forms.
How to fill out small value procurement for?
Small value procurement forms typically require information such as the description of the goods or services, the total cost, the vendor's information, and justification for the purchase.
What is the purpose of small value procurement for?
The purpose of small value procurement is to streamline the process of making small purchases and to ensure that they are made in a transparent and cost-effective manner.
What information must be reported on small value procurement for?
Information such as the description of the goods or services, the total cost, the vendor's information, and justification for the purchase must be reported on small value procurement forms.
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