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What is a framework agreement?
A framework agreement is a type of contract that establishes the terms and conditions for doing business between two parties. It is a pre-approved agreement that outlines the prices, goods or services, and other critical details that will be used in future contracts. A framework agreement is typically used by businesses or government agencies to streamline procurement processes and reduce the overall costs associated with acquiring goods or services.
What is the PPRA?
The Public Procurement Regulatory Authority (PPRA) is an independent regulatory body established under the Public Procurement Act of 2004. The PPRA is responsible for promoting and regulating public procurement practices in Tanzania, ensuring that government agencies and businesses comply with procurement laws and regulations.
Under the PPRA, businesses can enter into framework agreements with government agencies for the supply of goods or services. These agreements are designed to create a streamlined procurement process that is efficient, effective, and transparent.
What are the benefits of a framework agreement?
1. Streamlined procurement process: The framework agreement process reduces the time and resources required to procure goods or services. As a result, businesses can focus on other tasks that are critical to their success.
2. Cost-effective: Framework agreements can help businesses negotiate better terms and prices for goods or services, resulting in cost savings.
3. Improved quality: By establishing pre-approved suppliers and terms, framework agreements ensure that goods or services are of consistent quality.
4. Reduced risk: Framework agreements reduce the risk of non-compliance with procurement laws and regulations by ensuring that all agreements are pre-approved.
Conclusion:
In conclusion, the framework agreement PPRA is an essential tool for businesses looking to streamline their procurement process and reduce costs. By working with the PPRA to establish a framework agreement, businesses can ensure that they are complying with procurement laws and regulations while still achieving their business objectives. As a professional, it is essential to ensure that your content is optimized for search engines so that it can reach your target audience. By using relevant keywords, you can increase the visibility of your content and improve your website`s search engine ranking.