A Procurement Plan is a document that sets out the intended strategy for how procurement will be carried out before any significant procurement actions are performed. A Procurement Plan defines the products, services and works that you will obtain from Read More …
Day: February 12, 2022
FRAMEWORK CONTRACTS/AGREEMENT
A procuring entity may enter into a framework agreement through open tender if- the procurement value is within the thresholds prescribed under Regulations to this Act; the required quantity goods, works or non-consultancy services cannot be determined at the time Read More …
SPECIALLY PERMITTED PROCUREMENT PROCEDURE
1. Specially Permitted Procurement Procedure if; A procuring entity may use a procurement procedure specially permitted by the Authority. 2. The Authority may allow the use of specially permitted procedures. where exceptional requirements make it impossible, impracticable or uneconomical to Read More …
LOW VALUE PROCUREMENT
A procuring entity may use a low-value used procurement procedure if- the entity is procuring low value items which are not procured on a regular or frequent basis and are not covered in framework agreement; the estimated value of the Read More …
RESTRICTED TENDERING
Restricted tendering is a procurement method that limits the request for tenders to a select number of suppliers, contractors or service providers. This method of procurement is also called: Limited Bidding and Selective Tendering. Although considered a competitive procurement method, Read More …
REQUEST FOR PROPOSALS
The Request for Proposal (RFP) is a two envelope procurement method that can be used for goods, services or works. It is used when suppliers, contractors or services providers are expected to propose a specific solution (methodology and workplan) to Read More …
