Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
3 Comments on “What’s the difference between small value procurement and shopping?What’s the difference between small value procurement and shopping?”
what is the threshold for shopping and small value procurement
the word “off the shelf” – meaning goods, readily available (most of the time pertains to office supplies)
1. Small Value Procurement is applicable for Goods, Infrastructure Projects and Consulting services while Shopping is applicable for Goods only.
2. For SVP, you need to send your request for quotation/request for proposal to at least 3 suppliers, contractors or consultants and received of at least 1 quotation is sufficient while Shopping under Section 52. 1 (b) you need to send your request for quotation/request for proposal to at least 3 suppliers, contractors and consultants and you need to received at least 3 quotations.
3. For SVP, it is applicable for Goods including services such as trucking, hauling, janitorial, security, printing, repair and maintenance or analogous services while Shopping is limited for readily available off the shelf goods or ordinary/regular equipment.
what is the threshold for shopping and small value procurement
the word “off the shelf” – meaning goods, readily available (most of the time pertains to office supplies)
1. Small Value Procurement is applicable for Goods, Infrastructure Projects and Consulting services while Shopping is applicable for Goods only.
2. For SVP, you need to send your request for quotation/request for proposal to at least 3 suppliers, contractors or consultants and received of at least 1 quotation is sufficient while Shopping under Section 52. 1 (b) you need to send your request for quotation/request for proposal to at least 3 suppliers, contractors and consultants and you need to received at least 3 quotations.
3. For SVP, it is applicable for Goods including services such as trucking, hauling, janitorial, security, printing, repair and maintenance or analogous services while Shopping is limited for readily available off the shelf goods or ordinary/regular equipment.