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Oakton College District 535Procurement Department, Room 1240 1600 E. Golf Rd., Des Plaines, IL 60016 8476351635 Invitation to Bid #02082303 Addendum#1 Issue Date: February 8, 2023Mandatory PreBid
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To fill out procurement - purchasing, follow these steps:
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Determine the items or services that need to be procured.
03
Create a list of potential suppliers or vendors.
04
Evaluate the suppliers based on factors like price, quality, and delivery time.
05
Negotiate terms and conditions with the selected suppliers.
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Create a purchase order or contract specifying the details of the procurement.
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Review and approve the purchase order or contract.
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Arrange for payment to the supplier.
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Monitor the delivery of the procured items or services.
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Verify the quality and quantity of the delivered items or services.
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Close the procurement process by updating records and reconciling payments.

Who needs procurement - purchasing?

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Procurement - purchasing is needed by organizations or individuals who require goods or services from external sources.
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This includes businesses, government agencies, non-profit organizations, and individuals who need to acquire products or services that are not produced or provided internally.
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Procurement helps ensure the sourcing of necessary items or services in a cost-effective and efficient manner.
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Procurement - purchasing refers to the process of acquiring goods and services, typically involving steps such as identifying needs, selecting suppliers, negotiating contracts, and making purchases.
Businesses and organizations that engage in procurement activities, particularly those receiving government contracts or funding, are generally required to file procurement - purchasing reports.
To fill out procurement - purchasing, gather necessary information about purchased items or services, supplier details, contract terms, and complete the relevant forms according to the specified guidelines or regulations.
The purpose of procurement - purchasing is to obtain goods and services efficiently and cost-effectively while ensuring compliance with legal and policy requirements.
Information that must be reported includes details of the items or services procured, the suppliers, the total costs, the contract dates, and compliance with procurement policies.
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