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Contracts and procurement -Difference between Contracts & procurement?

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First published at 06:52 UTC on February 22nd, 2021.

ZabeelInstitute

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Contracts and procurement are the arrangements to utilize certain products and services on a project. The types of purchase agreements and also are typically either fixed-price, cost-reimbursable, or time as well as materials. Requirements that should be contracted out will go through the official procurement process.
This article discusses and explains to you Contracts and procurement, and the Difference between Contracts & procurement?

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Category	Education
Sensitivity	Normal - Content that is suitable for ages 16 and over

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