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Procurement Policies, Procedures and Controls Policies, Eliminiating fraud, spend limits, authorisations, transactional reporting.

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Old 08-30-2011, 01:09 PM
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Join Date: Aug 2011
South Africa
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prijay is on a distinguished road
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Good day,

1. Is there an act/law or regulation that dictates how procurement is to be managed (both process and procedures) within government institutions ? - for example what we are trying to ascertain is the following:
a. Should the procurement amount be less than R500 k then they do not to have to go on tender.
b. Also may one supplier of services/goods be appointed for an unlimited period? , if not, how long is maximum term allowed, if any.
c. Should there be a maximum term to supply goods/services from one company, may the original supplier tender again once the term lapses or are they excluded from the tender process at this stage?

Thank you.
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