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The Procurement Process
Shown below are the basic stages of a procurement process. Each stage requires careful management to ensure that it does not have to be repeated causing a delay to the decision and the project.

Premium Technology Inc. provides proven practices and templates to support every stage of the process thus enabling a successful and timely decision-making process.
Issue Request for Information

Select candidates for RFP
Issue Request for Proposal

Evaluate proposals and create Shortlist
Evaluate Shortlist and select best-value proposition

Negotiate and contract with winning proponent
The Stages of a Procurement  Process
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