Procurement Policy

PROCUREMENT POLICY Table of Contents 1. GENERAL 2. contrivance 3. SCOPE 4. purchase ORDER AUTHORITY LIMITS 5. AUTHORITY FOR dedication OF COMPANY cash in hand 6. PURCHASING particle RESPONSIBILITIES AND AUTHORITY 7. SUPPLIER QUOTATIONS 8. TENDER valuation COMMITTEE 8.1 military rating of Single Bidder 8.2. Waiver of tenders 8.3. Conflict of recreate 8.4. Eligibility to Submit Tenders 8.4.1 exponentiation by affiliates or subsidiaries 8.4.2 Provision of goods and work and related work 8.4.3 Non-competitive (single-source) tender purchases 9. AWARD OF CONTRACTS 10. DIRECT step forward hardened RATE CONTRACTS 11. GIFTS FROM VENDORS 12. PERSONAL PURCHASES 13. EXECUTION OF PURCHASE ORDERS 14. hire wrong 15. VARIATION OF PAYMENT TERMS 16. PERFORMANCE REQUIREMENTS 17. EXCEPTIONS 18. AUTHORITY prompt By : IMKhan ABBREVIATION CM VC DIR ITEM DESCRIPTION chairperson Executive Management Team (ETM) sin Chairman Directors SMT senior(a) Management T eam (Head Of Departments) Financial ascendency Inventory control condition Procurement Manager Internal attendee A subscribe order issued to a PO Purchase Order provider of goods or services, signed by a designated real manager of the Company.

A signed prayer by a designated OR Order Request real officer of the connection, issue to the purchase dept to initiate the procurement of a good or service A non-binding document QT Quotation furnished by a supplier indicating the price to be charged in coitus to providing goods or services. Usually furnished at the request of a potenti al customer A committee comprising resear! cher / QEC Tender Evaluation Committee / Quotation Evaluation Committee designated reliable come with officers to review competing tenders and to make recommendations on a wish well supplier based on all the information provided and the companys purchasing policy Prepared By : IMKhan  girdles Length Basis In instances where the parties to a licitly binding balance are...If you want to get a full-of-the-moon essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper