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STANDARD BIDDING DOCUMENT Procurement of Goods (Above Nu. 0.500 million)Royal Government of Bhutan Ministry of Finance 202311st July, 2023PREFACE One of the principal mandates and powers of the Ministry
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Procurement of goods small refers to the process of acquiring goods valued at a lower monetary threshold, typically involving less formalized purchasing procedures.
Entities such as small businesses, local governments, and organizations that engage in low-value procurement activities are usually required to file for procurement of goods small.
To fill out procurement of goods small, complete the designated form by providing required details such as vendor information, item descriptions, quantities, and costs, ensuring all sections are filled accurately.
The purpose of procurement of goods small is to streamline the acquisition process for low-cost items, allowing organizations to efficiently manage their purchasing needs without extensive bureaucratic procedures.
Information typically reported includes the vendor's name, contact information, description of goods, quantity purchased, date of purchase, and total cost.
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