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Understanding public/private procurement policies as well as tendering processes.
Common Tendering Mistakes, Scale, ·
These present an independent opinion on your financial statements & helps procuring entities be sure of your business’ financial standing.
Common Tendering Mistakes, Scale, ·
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.
Getting work done by a public entity or semi-autonomous government agency using its own personnel & equipment (or hired labour).
Allows different bidders to provide competitive quotations for products and services, among which the best will be selected.
Usually the least preferred method as it sets aside the rules that ensure there’s competition among the suppliers. Only used under exceptional circumstances.
Business, Procurement Methods, ·
Useful when a public procuring entity needs to purchase low-value items that are not frequently procured and are not covered in a framework agreement.
The submission of the technical and financial proposals happens in 2 different stages and at completely separate times as opposed to the same time.