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US PROCUREMENT APPROVAL FORM (For expenditure in excess of ?50k ex vat)Name of ProcurementProcurement ReferenceMonth Years PROCUREMENT APPROVAL SIGN-OFF Forename of Procurement/TenderRelevant CampusBrief
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How to fill out form 118 sole source

01
Obtain a copy of form 118 sole source from the relevant authority or website.
02
Fill in your personal information, such as name, address, and contact details.
03
Provide details about the product or service being sourced from a sole supplier.
04
Specify the reasons for needing a sole source for this particular product or service.
05
Include any supporting documents or information that may be required.
06
Review the form for accuracy and completeness before submission.
07
Submit the completed form to the appropriate authority for processing.

Who needs form 118 sole source?

01
Individuals or organizations who require a specific product or service that can only be sourced from a single supplier.
02
Government agencies or departments that have established contracts or agreements with particular vendors.
03
Companies or businesses that have proprietary products or services that are not available from other sources.

What is 118 Sole Source Procurement Approval Request for ... Form?

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Form 118 Sole Source is a tax form used by certain entities in order to report and claim sole source purchases for goods or services that are not available from other vendors.
Entities or individuals that have made sole source purchases and need to report these for tax purposes are required to file Form 118 Sole Source.
To fill out Form 118 Sole Source, you need to provide the entity's name, address, details of the sole source procurement, as well as any relevant financial information associated with the purchases.
The purpose of Form 118 Sole Source is to document purchases made from a sole source vendor for tax reporting and compliance purposes.
Form 118 Sole Source must report the purchasing entity's identification details, description of the goods or services acquired, justification for the sole source choice, and the total amount paid.
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