Chapter 34

Procurement

Abstract

This chapter covers procurement from the strategy through tender documentation and evaluation, bidder selection, requests for quotations, letters of intent, purchase orders, contract types and documents, subcontracts, conditions of contract, bonds, ascertainable liquidated damages, discounts, monitoring, expediting, inspection, shipping, insurance, incoterms, commissioning and final handover procedures and documentation.

Keywords

ALDs; Bids; Bonds; Contracts; Expediting; Inspection; Procurement; Purchase order; Shipping; Subcontracts; Tender documents

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