Procurement Flashcards

1
Q

What are the two types of procurements?

A

Traditional and Parallel

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2
Q

What is the main purpose of Parallel procurement?

A

Shortening the method for higher efficiency

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3
Q

List the steps of a contract.

A
  • Procurement
  • Selection
  • Financial
  • Legal
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4
Q

Where do most problems normally occur in the contract steps?

A

Financial

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5
Q

What is procurement in the context of contracts?

A

One of the steps to a contract

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