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BSM BIDS AND AWARDS COMMITTEE SUPPLEMENTAL BID BULLETIN NO. 1 CONTRACT: NEGOTIATED PROCUREMENT TWO FAILED BIDDINGSPROCUREMENT OF THREE (3) UNITS OF BSM RP VEHICLE FOR CY 2024 IB NO: BSM NP202401001 This
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Review the terms and conditions of the contract carefully.
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Contract negotiated procurement- two is a method of procurement where negotiations are conducted with one or more suppliers to determine the terms and conditions of a contract.
Contract negotiated procurement- two must be filed by the procurement officer or the designated individual responsible for procurement within the organization.
Contract negotiated procurement- two should be filled out with detailed information about the negotiation process, supplier selection criteria, terms and conditions of the contract, and any other relevant details.
The purpose of contract negotiated procurement- two is to ensure that the organization obtains the best value for money by negotiating favorable terms and conditions with suppliers.
Information that must be reported on contract negotiated procurement- two includes details of the negotiation process, supplier selection criteria, contract terms and conditions, and any other relevant information.
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