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Higher Education Business Classification Scheme and Records Retention Schedules

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PROCUREMENT

The function of purchasing goods, works and services from external organisations. (N1)

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For acquiring ownership of land and buildings, use ESTATE MANAGEMENT - ACQUISITION.

For acquisition of goods by donation, use PUBLIC RELATIONS MANAGEMENT - DONATIONS.

Definitions

Notes

N1

This function is intended to cover purchasing of all types of goods, works and services by the institution, regardless of the type/quantity being purchased, the purchasing method or the business unit responsible.

 

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