Procurement Policy

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

A signed prayer by a designated OR Order Request real officer of the connection, issue to the acquire 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 sexual intercourse to providing goods or services. Usually furnished at the request of a potential customer A committee comprising ! researcher / QEC Tender Evaluation Committee / Quotation Evaluation Committee designated true corporation officers to review competing tenders and to make recommendations on a equal supplier based on all the information provided and the companys purchasing policy Prepared By : IMKhan  sections 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

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