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Procurement Plan Template

ABOUT THIS DOCUMENT

This is a template that a company can use to specify a project procurement plan. Project procurement plans are an important step of a project when the company identifies and obtains the necessary goods or services from outside vendors that will work on the project. This template includes a procurement statement, the estimated cost, and the method for vendor selection. In addition, vendor selection and selection criteria can also be specified to ensure qualified vendors are selected. This template is ideal for small businesses or other entities that want to engage the services of external vendors for an ongoing business project.

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PROJECT PROCUREMENT PLAN



Project Name:

Prepared by:

Date (MM/DD/YYYY):



Project Initiation Phase – This portion of the Procurement Plan document is used to provide the

project selection team with general information about the possible purchase of goods and services. No

approval signatures are required.





1. Procurement company

This is a template that aStatement can use to specify a project procurement plan.

Describe, in general terms, are an important step considered for procurement:

Project procurement planswhat products or services are being of a project when the company

identifies and obtains the necessary goods or services from outside vendors that will

work on the project. This template includes a procurement statement, the estimated

cost, and the method for vendor selection. In addition, vendor selection and selection

can also be specified to ensure qualified vendors are selected. This template is

criteria 2. Estimated Cost

ideal for small businesses or other entities that want to engage the services of external

Provide an estimated total cost of all procurements in this project. Include confidence limits for your estimate (e.g.

for an dollars or percent of estimate). Example:

vendorsplus/minus ongoing business project. $1,567,000 +/- 20%









3. Vendor Selection

Describe what approach the project team will take to select a product or vendor (e.g. RFI, RFP, IFB).

Put your Put your Project Procurement Plan Template

logo here organization

name here





Project Planning Phase – This portion of the Procurement Plan document provides detailed

information about how vendors, products and services will be chosen, what kind(s) of contract(s) will be

used, how vendors will be managed and who will be involved at each stage of the process. This

document should be approved by appropriate individuals before the actual procurement process begins.





1. Procurement Definition

Describe, in specific terms, what items will be procured and under what conditions:









2. Selection Process & Criteria

Describe the selection process. List selection criteria. Describe any analytical selection tool that you will use. 









3. Project Procurement Team

List all stakeholders who are involved in the Procurement Process, along with contact information and a description

of their Procurement Role. Enter an [ X ] next to each project team member who is authorized to enter into contract

agreements or purchase for the Team (insert rows as needed):

X Name: Phone / email: Procurement Role: 

here



[ ]



[ ]



[ ]



[ ]







4. Contract Type

Document which types of contract(s) will be used and the actions required to initiate the contract. 









5. Contract Standards

Provide the standards for documentation that will be used for each contract. 









Page 2

Put your Put your Project Procurement Plan Template

logo here organization

name here









6. Vendor Management

Describe what steps the project team will take to ensure that the vendor provides all of the products and/or services

(and only the products and/or services) that were agreed upon, and that appropriate levels of quality are

maintained.









7. Links to related planning documents

Provide hyperlinks to related documents, such as the Change Request Management Plan, Vendor Payment Plan,

etc., or attach as addenda.









8. Project Procurement Plan / Signatures

Project Name:



Project Manager:

I have reviewed the information contained in this Project Procurement Plan and agree:



Name Role Signature Date

(MM/DD/YYYY)









The signatures above indicate an understanding of the purpose and content of this document by those

signing it. By signing this document, they agree to this as the formal Project Procurement Plan.









Page 3

Put your Put your Project Procurement Plan Template

logo here organization

name here





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