Month: February 2022

1. Employees in charge of disposable item shall bring the matter to the attention of the disposal committee through the head of the procurement function. 2. The employee will create the above attention within reasonable time after the asset becomes Read More …

1. Requisition. All requests for issuance of goods from stock shall be covered by the requisition and issue venture (RIV) from which is the official document designed for this purpose. All the requests for issuance of the requirements shall be Read More …

Types: 1. Firm fixed price. Also known as Lump sum. It is generally utilized in government based project. Here the seller and the purchaser make a deal on a fixed price on a certain project. Furthermore the seller is objected Read More …

Similarities. 1. Provides goods, works and services to the public. Contrast. 1. Funding government funds public, private is funded. 2. Public procurement is governed by PPRA. Private is not. 3. Open tendering is the preferred method for public procurement while Read More …

1. Lack of proper experts to develop or understand proper documents e.g. specifications contract documents. 2. Compliance with the contract requirements. 3. Collaboration and cross-function with other departments. 4. Competition e.g. technology. 5. Change in Business environment i.e. prices fluctuate.

1. Ensure that store rooms are kept clean, properly ventilated and in good condition, and that the stores are well arranged and easy to access. 2. Inspect the store regularly for any loss, damage, leakage etc. and report to the Read More …