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Comprehensive Overview of Release Strategies and Contract Creation Processes

This document provides a detailed overview of various release strategies, including approvals, bid creation, contract creation, and purchase order creation. It outlines important acronyms used within the context, such as RFQ (Request for Quote), IT (Information Technology), ITQ (Invitation to Qualify), and roles like ACM (Associate Commodity Manager) and CPO (Chief Procurement Officer). It serves as a valuable resource for understanding procurement processes, ensuring compliance, and facilitating effective communication among stakeholders.

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Comprehensive Overview of Release Strategies and Contract Creation Processes

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  1. Release Strategies (Approvals) SRM Bid Creation SRM Contract Creation SRM Purchase Order Creation Rev. November 2013

  2. Description of Acronyms RFQ – Request for Quote IT- Information Technology ITQ –– Invitation to Qualify ACM – Associate Commodity Manager CM – Commodity Manager CPO – Chief Procurement Manager OGC – Office of General Counsel DGS – Dept. of General Services Rev. November 2013

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