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There are four different types of procurement, though there can be some crossover between them: Direct procurement. Indirect procurement. Goods procurement. Services procurement. Open tendering. Restricted tendering. Two-stage tendering. Request for proposals (RFP)
The term procurement request or procurement intake usually refers to a project that is high-value, strategic or high risk. This form is more likely to be used to manage intake for indirect spend and kicks off a competitive bidding process like a request for proposal (RFP).
What is a procurement document? Procurement documents can be paper or electronic, but today, they are more commonly digital. They are formal, specific requests for a business to facilitate an equitable bidding process and protect the seller from claims of unfair procurement practices.
A procurement form is a document that is used to gather information about the needs of a company or organization when making purchasing decisions. This document can be used to help decide which products, services, or materials are needed and how much they should cost.
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