
06-16-2011, 08:11 PM
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Regular Member
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Join Date: Jan 2007
South Africa
Posts: 56
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Procurement Plans by August 2011
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Procurement plans must be submitted to provincial and national treasuries on an annual basis.
The first plans, covering the 2011/2012 period must be submitted to National and Provincial Treasuries by 31 August 2011.
Extract follows:
Accounting officers of departments and constitutional institutions must submit to the relevant treasury by 30 April of each year, a procurement plan containing all planned procurement for the financial year in respect of the procurement of goods, works and/or services which exceed R500 000 (all applicable taxes included). This procurement plan must be approved by the accounting officer orhis or her delegate prior to its submission. For the 2011/2012 financial year, the said plan must be submitted to the relevant treasury by not later than 31 August 2011.
Accounting Authorities of public entities listed in Schedules 3A and 3C to the Public Finance Management Act, 1999 (PFMA) must submit the procurement plans referred to in paragraphs 3.1.1 to the relevant treasury through their parent departments within the same timeline.
Attached is the template issued by National Treasury (with slight format improvements).
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