For high-value contracts or specialized services, a formal Request for Proposal (RFP) process must be initiated. 4. Supplier Selection and Evaluation Suppliers will be evaluated based on: Quality: Consistency of products or services. Cost: Competitive pricing and favorable payment terms. Reliability: Proven track record of on-time delivery.
Commitment to environmental and social responsibility. 5. Approval Hierarchy Download POLITICA COMPRA pdf
All Purchase Orders (POs) must be approved according to the following limits: Up to $[Insert Amount] Finance Director: Up to $[Insert Amount] CEO/Board: Above $[Insert Amount] 6. Payment Terms For high-value contracts or specialized services, a formal
For low-value items (under $[Insert Amount]), employees may purchase directly from approved vendors. For high-value contracts or specialized services
