Procurement Reports Sample Clauses
The Procurement Reports clause requires one party, typically the supplier or contractor, to provide regular updates or detailed reports on the status of goods or services being procured. These reports may include information such as delivery timelines, quantities supplied, compliance with specifications, and any issues encountered during procurement. By mandating these reports, the clause ensures transparency and enables the purchasing party to monitor progress, address problems proactively, and maintain oversight of the procurement process.
Procurement Reports. (a) Where specified in the Deliverables and Milestones Schedule, the Organisation must undertake a competitive process to engage Subcontractors to undertake particular work specified in the Deliverables and Milestones Schedule (Competitive Procurement).
(b) The Organisation must undertake such a process in accordance with the following principles:
(i) a tender must be either an open, public tender or a select tender process;
(ii) where a select tender process is used, the Organisation must seek and receive not less than two (2) quotations;
(iii) the tender must be conducted fairly and transparently in accordance with commonly accepted principles of probity and in accordance with industry standards and practice; and
(iv) successful tenderers must be selected by the Organisation on the basis of the Value for Money the tendered offer provides;
(v) Value for Money must be the paramount principle applied by the Organisation in assessing tenders received; and
(vi) the Commonwealth may require that it finally approve the Organisation's selection of successful tenderer, such approval is not to be unreasonably withheld.
(c) On or before the date specified in the Deliverables and Milestone Table in respect of a Competitive Procurement, the Organisation must provide to the Commonwealth a Procurement Report signed by the Chair of the Organisation detailing:
(i) the type of competitive procurement process undertaken (i.e. open, public tender or select tender);
(ii) the name, address and (if applicable) any licence number of each subcontractor or third party who responded to the open, public tender or select tender;
(iii) how the principle of Value for Money was applied in selecting the successful tenderer;
(iv) a copy of the proposed contract between the Organisation and the subcontractor or third part; and
(v) identifying a preferred subcontractor or third pay.
(d) The Organisation must provide copies of all tender documents and any information in respect of the tender process to the Commonwealth when requested, within the timeframe stipulated in the request, or promptly if no timeframe is stipulated in the request. (ii)
Procurement Reports. Procurement Reports will set out:
(a) a description of the procurement process followed by the Recipient to acquire goods or services required to perform the Project; and
(b) a justification for the selection of the preferred proponent which evidences value for money, including, if applicable, confirmation from the supplier that they are the sole supplier of the goods.
Procurement Reports. Procurement Reports will set out:
Procurement Reports. CONTRACTOR shall maintain a mutually agreed upon procurement report and CONTRACTOR Management Scorecard (“SCORECARD”) for P&A UNIT SERVICES Contract in a Microsoft excel format.