Repeat Orders
·
When
materials are required during a contract period in excess of the quantities
contracted for,
·
And
such excess is not sufficiently large to justify the invitation of fresh
tenders,
·
Then,
increasing the quantities suitably under the existing contract is called Repeat
Order.
·
However,
before placing repeat order, negotiations should be conducted with the supplier
for securing the favourable terms.
·
No
such Repeat orders to be placed on previously accepted rates obtained on
limited or single tenders. That means,
Repeat orders to be placed only in case of open tenders.
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