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REQUEST FOR QUOTATION Mode of ProcurementRepublic of the Philippines Department of Agriculture BUREAU OF FISHERIES AND AQUATIC RESOURCES BIDS AND AWARDS COMMITTEE (BAC) OFFICE Pearanda Street,Barangay

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How to fill out mode of procurement

01

Identify the type of procurement need and the budget available.

02

Determine the procurement method that best suits the need (e.g. competitive bidding, sole sourcing, etc.).

03

Gather all necessary information and documentation for the procurement process.

04

Advertise the opportunity if required by regulations.

05

Receive and evaluate bids or proposals from vendors.

06

Select the winning bid or proposal based on criteria such as price, quality, and vendor qualifications.

07

Negotiate and finalize the contract with the selected vendor.

Who needs mode of procurement?

01

Government agencies at various levels

02

Private companies

03

Non-profit organizations

04

Any entity looking to purchase goods or services through a formal procurement process

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What is mode of procurement?

The mode of procurement refers to the method or process by which goods, services, or works are acquired by an organization or agency, including procedures such as open bidding, direct contracting, or competitive negotiation.

Who is required to file mode of procurement?

Organizations, agencies, and entities that are subject to public sector procurement laws and regulations are required to file the mode of procurement, typically including government departments, public institutions, and certain private entities.

How to fill out mode of procurement?

To fill out a mode of procurement, one must provide details such as the type of procurement, selected procurement method, justification for the choice, estimated costs, and any relevant documentation required according to the specific procurement guidelines.

What is the purpose of mode of procurement?

The purpose of mode of procurement is to ensure that procurement processes are conducted transparently, efficiently, and in compliance with legal requirements, while obtaining the best value for money.

What information must be reported on mode of procurement?

Information that must be reported typically includes the procurement method used, the rationale for selection, estimated budget, timeline, and any applicable regulations or policies followed during the procurement process.

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