Steps for shopping (works/goods) , Other Management

Steps for shopping (works/goods) 

Now that we are aware of the requirements for shopping, let us understand the steps involved in shopping: 

1.  Issue requests for quotation (RFQ) to selected contractors/suppliers. 

2.  Collect quotations by the selected contractors/suppliers. 

3.  Public opening of quotations. 

4.  Evaluate quotations by preparing comparative statement as per method of evaluation given in RFQ. 

5.  Select lowest responsive and qualified contractor/supplier. 

6.  Issue of work order (for works)/supply order (for goods).  

Posted Date: 9/27/2012 8:36:26 AM | Location : United States

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