local procurement


Also found in: Encyclopedia.

local procurement

The process of obtaining personnel, services, supplies, and equipment from local or indigenous sources.
References in periodicals archive ?
'Marami tayong supply ngayon dahil sa local procurement. Since nag-focus tayo sa pagbili sa mga local farmers, mas marami tayong naiipon (We have much supply because of the local procurement.
"Our procurement record, where we have been topping our targets since NFA's mandate was revised to focus on local procurement for buffer stocking, shows that we have been effectively fulfilling our new role and helping farmers earn a reasonable income while consumers enjoy lower rice prices as a result of the rice import liberalization law passed early this year," NFA administrator Judy Dansal said.
In a statement here on Wednesday, Punjab PFMA chairman Habib Leghari demanded that wheat grain produced in the province is sold to other federating units only after meeting the local procurement target.
She said EDD was a presidential directive that encouraged local procurement of goods and services by government departments.
Plaid Cymru's Arfon AM Sian Gwenllian and MP Hywel Williams added: "We are encouraged that the University continues to recognise the value of local procurement and hope it maintains a stable, longterm relationship with local firms and contractors, one which is mindful of both value for money but more importantly, local employment."
Under Duty and Tax Remission Scheme (DTRS) exporters are allowed for import and local procurement of inputs without payment of customs duty, excise duty, sales tax and withholding tax.
So right now we are intensifying our local procurement,' Pinol added.
"To protect the farmers, the NFA will be starting the local procurement program.
For smaller businesses across the region 2018 will hopefully be the year that a resolution to encourage more innovative local procurement will be kept.
This year the country scrapped a subsidy programme to curtail widespread fraud, which inflated local procurement figures last year.

Full browser ?