What is a purchase specification?

What is a purchase specification?

The characteristics that are associated with an item or product to be purchased. It can include weight, size and dimensions, quality, safety requirements and the products performance parameters. States With The Death Penalty.

What are the objectives of purchase specification?

The specification is the total description of the purchase. Specification Purpose—The purpose of any specification is to provide purchasing personnel with clear guidelines to purchasing, and to provide vendors with firm criteria of minimum product or service accept- ability. of the buyer’s requirements.

What are the importance of specification in procurement?

Once the item is delivered the specification can be used to compare the delivered item to what was ordered. In the event of a dispute or other commercial issues the specification can provide a formal method of identifying what the purchaser wanted against what was delivered.

What is standard purchase specification and its uses?

Standard purchase specification are concise description of quality, size, weight , or count factor desired for a particular item, Specification buying will give uniformity and consistency to purchasing and receiving, that will aid to maintain a desire food cost and creat a standard product.

What is the purpose of a specification?

The purpose of a specification is to provide a description and statement of the requirements of a product, components of a product, the capability or performance of a product, and/or the service or work to be performed to create a product.

What is purchase specification and give two advantages of the same?

1) When a buyer has to purchase or is required to purchase a particular type of goods from more than one supplier, specifications ensure the identity of goods purchased. Thus, the materials with identical nature can be purchased from different suppliers on the basis of specifications only.

What are the advantages of purchase specification?

Precise specifications can: Reduce purchasing costs as higher quality products need not be accepted. Ensure constant quality in menu items. Allow for accurate competitive bidding among suppliers and so reduce costs.

What is the need of specification?

The necessity of specification is to verify and check the strength of materials for a work involved in a project. Specification is an essential contract document and is required for Arbitration or court cases.

What are the purpose of specifications?

What are the purpose of specification and give examples?

Purpose of Specification: A work is carried out according to its specification and the contractor is paid for the same. Any change in specification changes the tendered rate. The necessity of specification is to verify and check the strength of materials for a work involved in a project.

What is SPS in FNB?

Standard Purchase Specification (SPS) is concise descriptions of quality, size, weight or count factors desired for a particular item.

Why is specification needed and its importance?

1)The cost of the unit quantity of work is governed by it’s specification. 2)Specifications of a work are required to describe the quality and quantity of different materials required for a construction work and is one of the essential contract documents.

What is standard purchase specification?

standard purchase specifications. Written guidelines that precisely define the operational, physical, and/or chemical characteristics, as well as the quality and quantity of a particular item to be acquired.

What is the purpose of specification?

Purpose of specification is to highlight the necessary information which cannot be obtained from drawing. Further main purposes of writing specifications are; To show the strength of construction material or construction work. To show the ratio of concrete or mortar ingredients.

What is specification in procurement?

By definition, a specification sets limits and thereby eliminates, or potentially eliminates, items that are outside the boundaries drawn. However, a specification should be written to encourage, not discourage, competition consistent with seeking overall economy for the purpose intended. Procurement serves as the primary activity involved in developing specifications for items purchased under indefinite quantity term contracts and definite quantity scheduled purchases.

Why are specifications important?

Specifications play an important role in the ultimate success of any construction project. It is important that all of the goals and intents for the project are considered in the specifications including those of the client, a fully integrated design team, the builder and the eventual tenants.