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| Simple Procurement Plan Template Excel |
Simple Procurement Plan Template Excel Free Download
What is a procurement plan?
The Procurement Plan is an annual document which defines the products and services that a Public Body will obtain from external suppliers. A sound procurement plan helps a Procuring Entity to define their procurement requirements and to decide where and when to procure.
What are the components of a procurement plan?
- Initiating a request.
- Development of requirements (technical, timing, quality, constraints)
- Request approval.
- Purchasing authority.
- Bid / proposal review.
- Contract management responsibility.
- Contract closure requirements.
- Procurement process flowchart.
What is the purpose of procurement plan?
It allows planners to determine if expectations are realistic; particularly the expectations of the requesting entities, which usually expect their requirements met on short notice and over a shorter period than the application of the corresponding procurement method allows.
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