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What is procurement?
Procurement is the orderly process of obtaining good and/or services by either lease or purchase the Basics of procurement for bids, plans and your CE.
Learning Objectives:
Explain the importance of procurement procedures and adherence to federal, state, and local regulations.
Distinguish between different procurement methods (micro-purchases, small purchases, sealed bids, and competitive proposals) and when to apply each based on aggregate cost and other factors.
Develop and manage solicitations and contracts, including creating clear and accurate specifications, evaluating proposals, and ensuring contract performance in accordance with established procurement standards.