These present an independent opinion on your financial statements & helps procuring entities be sure of your business’ financial standing.
Most procuring entities require proof that your business has successfully done similar work either in terms of capacity or of a similar value.
May involve either direct community participation or organized community participation through the appointment of community based service providers.
Saves time through reduced negotiation times as a set auction date increases the bidder’s ability to meet the procurement deadlines.
Utilized where the public entity requires goods, works or non-consultancy services but is not able to determine the exact quantities required at the time of entering into the agreement.
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