A competitive bidding procedure used for procuring external services.
In global percentage bidding, Purchasing specifies prices for services and provides descriptions of the services. Service descriptions and prices are sent to bidders as individual requests for quotations (RFQs).
Bidders indicate whether they can do the work for more or less than the rates estimated by Purchasing by submitting quotations showing a percentage addition to or deduction from the specified prices. This percentage addition or deduction is quoted for each group of services (outline level) or for all services.
The global percentage system simplifies the maintenance of service specifications.
Because the service descriptions in the bidders' quotations usually do not vary, and only the percentage addition or deduction needs to be entered in the quotation, Purchasing has less work to do than in the case of standard RFQ and quotation processing.
More terms such as global percentage bidding in Dictionary G.
- Manual Government Procurement:
- Help All the stages of the acquisition process of goods and services in the Public Sector global percentage bidding definition.
- Manual Generalization:
- Help A grouping of entity types with common features. The resulting entity type is renamed global percentage bidding explain.
- Manual Goods Receipt:
- Help inventory management denoting a physical inward movement of goods or materials. The SAP System differentiates between the following types of goods receipt: Goods receipt with reference to a purchase global percentage bidding what is.
- Manual Group Master Contract:
- Help contains only header data. Contracts for a customer are grouped as lower level contracts under one group master contract. The master contract data is valid for all lower level contracts global percentage bidding meaning.
- Manual Guideline:
- Help that helps you determine the default amount, percentage or number suggested in SAP Manager Self-Service. Additionally, you can define a minimum and/or a maximum limit to be checked against and tell global percentage bidding abbreviation.
