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19.PURCHASING AND TENDER POLICY AND PROCEDUREPolicy number:Finance Committee 24/04/2009Scope:The policy contains financial guidelines and procedures with regard to purchasing of goods and services
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How to fill out purchasing and tender policy

01
Understand the scope and purpose of the purchasing and tender policy.
02
Identify the key stakeholders involved in the purchasing and tender process.
03
Establish clear guidelines and procedures for requesting and approving purchases.
04
Define the criteria for selecting suppliers and vendors through a tender process.
05
Document all purchasing and tender activities for transparency and accountability.

Who needs purchasing and tender policy?

01
Businesses and organizations that regularly engage in purchasing goods and services.
02
Government agencies that need to adhere to strict procurement regulations.
03
Non-profit organizations that need to demonstrate ethical and responsible spending.
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Purchasing and tender policy outlines the procedures and guidelines for acquiring goods and services through a competitive bidding process.
All organizations that engage in procurement activities are required to have a purchasing and tender policy.
Purchasing and tender policy can be filled out by outlining the procurement procedures, bidding process, evaluation criteria, and other relevant information.
The purpose of purchasing and tender policy is to ensure transparency, fairness, and efficiency in the procurement process.
Information such as procurement procedures, bidding process, evaluation criteria, and vendor selection criteria must be reported on purchasing and tender policy.
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