Common use of CONTRACT CREATION / Clause in Contracts

CONTRACT CREATION /. The contract is created through three key stages of tender namely: pre-tender, tendering and post tender contract management. All of these must be governed by rigorous governance principles. The pre-tender stage includes needs assessment, planning and budgeting, development of specifications and selection of the most suitable procurement strategy. The tendering stage includes the invitation to tender, evaluation and adjudication of bids. Post-tender includes contract management, ordering and payment. It is important that efficient governance principles be applied to all these stages of the contract. 5.1 The Pre-Tender or Demand Management Stage

CONTRACT CREATION /. The contract is created through three key stages of tender namely: pre-tender, tendering and post tender tender/contract management. All of these must be governed by rigorous governance principles. The pre-tender stage includes needs assessment, planning and budgeting, development of specifications and selection of the most suitable procurement strategy. The tendering stage includes the invitation to tender, evaluation and adjudication of bids. Post-tender includes contract management, ordering and payment. It is important that efficient governance principles be applied to all these stages of the contractcontract creation. 5.1 The Pre-Tender or Demand Management Stage

CONTRACT CREATION /. The contract is created through three key stages of tender namely: pre-tender, tendering and post tender / contract management. All of these must be governed by rigorous governance principles. The pre-tender stage includes needs assessment, planning and budgeting, development of specifications and selection of the most suitable procurement strategy. The tendering stage includes the invitation to tender, evaluation and adjudication of bids. Post-tender includes contract management, ordering and payment. It is important that efficient governance principles be applied to all these stages of the contractcontract creation. 5.1 The Pre-Tender or Demand Management Stage