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Policies and Procedures for FTA ProcurementsJune 2024I.INTRODUCTION .................................................................................................................................................
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Policies and procedures are put in place to provide guidance and structure for how an organization operates and conducts its business activities.
Certain regulated industries or organizations may be required to file policies and procedures with relevant regulatory authorities.
Policies and procedures can be filled out by documenting processes, guidelines, and rules that govern the organization's operations.
The purpose of policies and procedures is to ensure consistency, compliance, and efficiency in how an organization operates.
Information such as key processes, roles and responsibilities, regulatory compliance requirements, and escalation procedures may need to be reported in policies and procedures.
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