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ZAMBOANGA CITY WATER DISTRICTREQUEST QUOTATION FORM NNEGOTIATED PROCUREMENT (SMALL VALUE) Zamboanga CityDate prepared : 11/29/2021Tel. No. (062) 991155657PR No.: 210120 Dated: 10/07/2021SUPPLIER:
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How to fill out nnegotiated procurement small value

01
Determine if the procurement falls under the small value threshold set by the organization.
02
Identify potential suppliers who could fulfill the procurement requirements.
03
Prepare a justification for why negotiated procurement is necessary for this small value procurement.
04
Create a negotiation strategy with clear objectives and limits.
05
Engage in negotiations with the selected supplier to finalize terms and conditions.
06
Document the entire procurement process for audit and compliance purposes.

Who needs nnegotiated procurement small value?

01
Government agencies or organizations that have set small value procurement thresholds.
02
Organizations looking for a more efficient and flexible procurement process for small value purchases.
03
Suppliers who specialize in certain goods or services and may benefit from direct negotiations.

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Negotiated procurement small value refers to a procurement method used for acquiring goods and services below a certain monetary threshold without the need for a competitive bidding process. It is often quicker and less formal.
Government agencies and entities involved in procurement processes are typically required to file for negotiated procurement small value, especially when the contract value falls under the specified small value threshold.
To fill out negotiated procurement small value, the procuring entity must complete the necessary forms that document the details of the procurement, including the provider's information, the reason for negotiation, the terms of agreement, and the approval signatures required.
The purpose of negotiated procurement small value is to streamline the procurement process for small-scale acquisitions, reducing administrative burdens and allowing for quicker purchase decisions to meet immediate needs.
Information that must be reported includes the description of the goods or services procured, the contract amount, the supplier's details, the basis for negotiation, and any other required documentation as per regulatory guidelines.
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