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MODIFICATION OF ABC

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MODIFICATION OF ABC

Post by shark on Mon Apr 15, 2013 5:01 pm

is it okay to modify the ABC of a certain item to be procured considering that the market price decreases?

EXAMPLE:
Item: CEMENT
ABC (APP/POW): 230/bag
ABC (Purchase Request): 230/bag
ABC (bid document): 220/bag
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shark
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Re: MODIFICATION OF ABC

Post by regina avelino on Mon Apr 22, 2013 4:27 pm

"The ABC may be adjusted downwards if there is a need to reflect actual market prices and/or scope of work or suit actual field conditions of the project."

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