Procurement Procedure
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Definition
Procurement Procedure is formal and defined sequence of steps that is followed by organizations in their Procurement activities.[1]
- Flexible Procedures
- Pre-commercial Procedure (PCP)
- Innovation Partnership
- Competitive Dialogue
- Competititve Procedure with Negotiation
EU Materiality Threshold
If a public procurement contract is valued above the EU threshold[2] the EU Procurement Directives apply. A notice must be placed in the Official Journal and the rules for each stage must be followed.
