Purchasing Process - Overview and Planning
The default procurement methodology for the purchase, lease or rental of goods and/or services valued at more than $50 000 but less than $250 000 is a written quotation process. A minimum of three quotes must be sought.
The flowchart below outlines the usual steps required to be undertaken when seeking quotes. It does not envisage direct sourcing.
Planning the purchase is essential to ensuring a successful outcome to the procurement process. Refer to the following pages for information on planning requirements.