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REQUEST FOR QUOTATIONS (RFQ) )Preference Points System IN ACCORDANCE WITH PREFERENTIAL PROCUREMENT POLICY FRAMEWORK ACT, 2000 AND PREFERENTIAL PROCUREMENT REGULATIONS 2017, THIS REQUEST IS SUBJECT
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How to fill out 2017 preferential procurement regulations

01
To fill out the 2017 preferential procurement regulations, follow these steps:
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Start by gathering all the necessary information and documents related to the procurement process.
03
Read through the regulations carefully to understand the requirements and guidelines.
04
Identify the preferences and criteria mentioned in the regulations that need to be considered during procurement.
05
Make sure to fill out all the necessary forms and provide accurate and complete information.
06
Double-check the filled-out forms for any errors or omissions.
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Submit the filled-out forms and supporting documents to the appropriate authority or department responsible for procurement.
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Keep a copy of the filled-out forms and supporting documents for your records.
09
Follow up with the authority or department regarding the status of your submission, if necessary.
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Comply with any additional instructions or requirements provided by the authority or department throughout the procurement process.
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Maintain transparency and fairness throughout the procurement process, adhering to the regulations and guidelines.
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Note: It is recommended to seek legal or professional advice if you have any doubts or concerns about filling out the regulations.

Who needs 2017 preferential procurement regulations?

01
Various entities and organizations need to comply with the 2017 preferential procurement regulations, including:
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- Government agencies and departments involved in procurement
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- State-owned enterprises
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- Private companies bidding for government contracts
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- Suppliers and service providers participating in government procurement
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- Procurement officers and officials responsible for purchasing goods and services on behalf of government entities
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- Any individual or organization involved in the procurement process governed by the regulations
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Preferential procurement regulations found refer to the set of rules and guidelines established to promote the procurement of goods and services from designated groups, such as small businesses, historically disadvantaged individuals, and local suppliers, to ensure equitable access to government and corporate contracts.
Entities that engage in procurement activities and are subject to governmental policies regarding supplier diversity, including public sector organizations and private companies that are mandated to report on their procurement practices.
To fill out the preferential procurement regulations, organizations must compile relevant procurement data, classify suppliers based on designated group status, complete prescribed forms accurately, and submit them by the due date.
The purpose of preferential procurement regulations is to foster inclusivity and economic empowerment by ensuring that disadvantaged groups have fair opportunities to participate in the procurement process.
Information that must be reported includes total procurement spend, amounts allocated to designated groups, details of contracts awarded, and the demographic profile of suppliers.
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