oboloo Glossary

Procurement Route

oboloo Glossary

Procurement Route

Procurement Route Definition

There are many ways to procure goods and services, and the most appropriate route depends on the specific project requirements. The main types of procurement routes are open procedure, restricted procedure, competitive procedure with negotiation, competitive dialogue, innovation partnership, and framework agreement.

Open Procedure: An open procedure is the simplest and most straightforward type of procurement. In an open procedure, any supplier can submit a bid for the project in question. This makes it ideal for small projects with well-defined requirements.

Restricted Procedure: A restricted procedure is similar to an open procedure, but only selected suppliers are invited to submit a bid. This is usually done when there are a limited number of suppliers who can provide the required goods or services.

Competitive Procedure with Negotiation: A competitive procedure with negotiation (CPN) is a more complex type of procurement. In a CPN, bids are first submitted and evaluated based on set criteria. The criteria may include price, quality, and delivery time. The evaluation process may be conducted by a panel of experts or through an objective scoring system. After the bids have been evaluated, the procuring entity will negotiate with the bidders to get the best possible terms for the project.

Competitive Dialogue: A competitive dialogue (CD) is used when the requirements of a project are not fully known at the outset. In a CD procuresure process, potential suppliers are first invited to participate in a dialogue about the project requirements. This allows