Difference between revisions of "Procurement"

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(Different types of procurement)
(Different types of procurement)
Line 9: Line 9:
 
More than RM 5,000 <br>
 
More than RM 5,000 <br>
 
2) Waiver of Tender <br>
 
2) Waiver of Tender <br>
3) Jawatankuasa Perolehan Terus <br>
+
3) Jawatankuasa Perolehan Terus (JPT) <br>  
 
4) Tender <br>
 
4) Tender <br>
 
5) Quotation <br>
 
5) Quotation <br>

Revision as of 15:45, 26 September 2023

Definition

The procurement process includes the preparation and processing of a demand and the end receipt and approval of payment. Comprehensively, this can involve purchase planning, standards, specifications determination, supplier research, selection, financing and price negotiation.

Different types of procurement

Less than RM 5,000
1) Direct Purchase

More than RM 5,000
2) Waiver of Tender
3) Jawatankuasa Perolehan Terus (JPT)
4) Tender
5) Quotation