Below is an example of what is required in this text field:
List other “My Business Procurement Requirements” not listed above
Enter details on our “Supplier Interest Register” via anchors website
An audit is required to become a pre-qualified supplier
0 – $500 No formal process needed
$500 – $3,000 Direct purchase permitted, written, verbal quote
$3,000 – $5,000 Request written quotes from two suppliers
$5,000 – $50,000 Three quotes, competitive assessment
$50,000 – $150,000 Three written quotes, competitive RFQ process required
$150,000 > Formal public tender required that is advertised in media, website, online tender platforms
For specific procurement requirements, panel arrangements are run with multiple suppliers, who are then approved and asked to provide quotations for the work.
?? % Weighing in tender evaluations that favours local SMEs
