Thursday, May 30, 2019

Typical sequence of activities for Procurement

Typical steps for Procurement:
  • Prepare the procurement (SOW) or terms of reference (TOR).
  • Prepare a high-level cost estimate
  • Advertise the opportunity.
  • Identify qualified sellers.
  • Prepare and issue bid documents.
  • Sellers prepare and submit proposals..
  • Conduct a technical evaluation of the proposals
  • Perform a cost evaluation of the proposals.
  • Prepare quality and cost evaluation of winning proposal.
  • Finalize negotiations and sign contract.

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