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  • Contract Flowchart

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    Sauban Ahmed
    82 views2 pages
    The document outlines the process for revising an existing contract. It shows that JV approval is not required for revisions to the original contract value if the enhancement value is less than $100K. For enhancements that increase the original contract value to over $500K, JV approval is required. It also notes that for contract validity extensions, only reporting to the OCM is necessary.

    Original Description:

    Contract preparation flowchart of an organization

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    The document outlines the process for revising an existing contract. It shows that JV approval is not required for revisions to the original contract value if the enhancement value is less than $100K. For enhancements that increase the original contract value to over $500K, JV approval is required. It also notes that for contract validity extensions, only reporting to the OCM is necessary.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    82 views2 pages

    Contract Flowchart

    Uploaded by

    Sauban Ahmed
    The document outlines the process for revising an existing contract. It shows that JV approval is not required for revisions to the original contract value if the enhancement value is less than $100K. For enhancements that increase the original contract value to over $500K, JV approval is required. It also notes that for contract validity extensions, only reporting to the OCM is necessary.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Contract Revision Strategy

    Revision of
    Contract

    JV approval not
    JV approval taken for
    required for Original
    Original Contract
    Contract

    ACV Enhancement Validity Extension ACV Enhancement Validity Extension

    Enhancement No JV Approval Enhancement +


    Value < $
    No JV Approval
    Original Contract
    100K Required Required
    Value < $ 500K

    Yes Yes
    Only report to
    Only report to Only report to OCM Only report to OCM required
    OCM required required OCM required

    1
    Contract Preparation Flowchart for Tajjal
    New Contract/Purchase Order (PO)
    Preparation

    PR Initiation

    No Competitive bidding
    PR Va l ue> $75K Contract Award
    is not mandatory

    Yes

    Competitive bidding
    is mandatory Contract Expired

    Technical &
    Commerecial Revsion of
    New Contract
    Evaluation done Existing Contract

    No
    Contract Award ACV > $ 300K ACV
    Validity Extension
    Enhancement

    Yes

    JVs Approval
    Report to OCM taken via CR No
    ACV > $ 75K Contract Revised

    Yes

    2 Contract Award /
    Revised

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