Procurement

1.0 Introduction tp procurment

Procurement is acquiring services, material, or equipment. Good procurement is acquiring these items at the required quality at the right/lowest cost. For procurement of bulk material; quality, quantity, and delivery are the main criteria. Procurement of services, equipment or systems demands compliance with a variety of nonmaterial requirements such as personnel qualification, equipment or system configuration, installation interfaces, etc. Effective procurement is a prerequisite for successful project execution.

Bornemann Consultancy can provide procurement services by either handling, participating in, or supporting your procurement activities. A detailed procurement plan can be developed on request and may include:

● Vendor prequalification.

● Technical and commercial bid evaluation.

● Vendor selection, long and short listing.

● Recommendation for purchase.

● Purchase order follow up; delivery, and transportation.

2.0 Procurement plan

Following are some key items that must be addressed in a typical procurement plan.

● Development of the bid lists
● Preparing commercial evaluations
● Expediting vendor data
● Organize and monitor Inspection and expediting of purchase order items or equipment
● Monitoring and verification of receiving materials at jobsite