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Republic of the Philippines QUEZON CITY GOVERNMENT BAC Goods and Services2nd floor, Procurement Department, Finance Building, Quezon City Hall CompoundREQUEST FOR QUOTATION NEGOTIATED PROCUREMENT
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How to fill out small value procurement

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How to fill out small value procurement

01
Identify the need for a small value procurement
02
Determine the requirements and specifications for the goods or services needed
03
Obtain quotes or bids from multiple suppliers or service providers
04
Select the supplier or service provider based on the quotes or bids received
05
Complete the necessary paperwork or documentation for the procurement process
06
Obtain approval from the appropriate authority, if required
07
Finalize the procurement and follow up with the supplier or service provider for delivery

Who needs small value procurement?

01
Small businesses
02
Non-profit organizations
03
Government agencies
04
Educational institutions
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Small value procurement is a simplified procurement method used to acquire goods, services, or works that are of low value.
Small value procurement is typically required to be filed by government agencies or organizations following procurement regulations.
Small value procurement can be filled out by completing the necessary forms provided by the procuring entity and providing all required information.
The purpose of small value procurement is to facilitate quick and efficient procurement of low-value goods, services, or works.
Information such as the description of the goods/services, the value of the procurement, the date of procurement, and the supplier/vendor information must be reported on small value procurement.
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