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Steps for shopping (works/goods)
Now that we are aware of the requirements for shopping, let us understand the steps involved in shopping:
1. Issue requests for quotation (RFQ) to selected contractors/suppliers.
2. Collect quotations by the selected contractors/suppliers.
3. Public opening of quotations.
4. Evaluate quotations by preparing comparative statement as per method of evaluation given in RFQ.
5. Select lowest responsive and qualified contractor/supplier.
6. Issue of work order (for works)/supply order (for goods).
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ordinary share capital
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