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PROCUREMENT MANAGEMENT OFFICEREQUEST FOR QUOTATION / INVITATION FOR NEGOTIATION NEGOTIATED PROCUREMENT TWO FAILED BIDDING Date: 10 January 2024 RFQ No.: 10023034411. The CITY GOVERNMENT OF PSIG, through
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How to fill out negotiated procurement - two

01
Identify the goods or services needed for the project.
02
Determine the specifications and requirements for the goods or services.
03
Identify potential suppliers and conduct market research.
04
Prepare a request for proposal (RFP) document outlining the requirements and evaluation criteria.
05
Send the RFP to potential suppliers and allow time for them to submit their proposals.
06
Evaluate the proposals based on the specified criteria and select the supplier that offers the best value.
07
Negotiate the terms and conditions of the contract with the selected supplier.

Who needs negotiated procurement - two?

01
Government agencies that require specific goods or services that are not easily available through open competition.
02
Companies or organizations that need to establish a long-term partnership with a supplier for ongoing projects.
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Negotiated procurement is a method of procurement where the government negotiates the terms and conditions of a contract with a selected supplier rather than going through a public bidding process.
Government agencies and public institutions are required to file negotiated procurement when they procure goods, services, or works using this method.
To fill out negotiated procurement, one must complete the required forms, detailing the specifications, pricing, and terms agreed upon during negotiations.
The purpose of negotiated procurement is to expedite the purchasing process and to obtain favorable terms without the delays associated with formal bidding.
Reports on negotiated procurement must include details such as the rationale for choosing this method, the names of involved parties, and the final terms of the agreement.
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