Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)RegulationsMunicipal Supply Chain Management Regulations, 2005Chapter 2: Framework for Supply Chain Management PoliciesPart 2: Acquisition management18. Procedures for procuring goods or services through formal written price quotations |
[Regulation 18 heading substituted by section 5(a) of Notice No. 4198, GG49863, dated 14 December 2023]
A supply chain management policy must determine the procedure for the procurement of goods or services through formal written formal written price quotations, and must stipulate—
[Words preceding regulation 18(a) substituted by section 5(b) of Notice No. 4198, GG49863, dated 14 December 2023]
| (a) | that all requirements in excess of R30 000 (VAT included) that are to be procured by means of formal written price quotations must, in addition to the requirements of regulation 17, be advertised for at least seven days on the website and an official notice board of the municipality or municipal entity; |
| (b) | that when using the list of accredited prospective providers the accounting officer must promote ongoing competition amongst providers, including by inviting providers to submit quotations on a rotation basis; |
| (c) | that the accounting officer must take all reasonable steps to ensure that the procurement of goods and services through formal written price quotations is not abused; |
[Regulation 18(c) substituted by section 5(c) of Notice No. 4198, GG49863, dated 14 December 2023]
| (d) | that the accounting officer or chief financial officer must on a monthly basis be notified in writing of all formal written price quotations accepted by an official acting in terms of a subdelegation; and |
[Regulation 18(d) substituted by section 5(c) of Notice No. 4198, GG49863, dated 14 December 2023]
| (e) | requirements for proper record keeping. |