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Procurement Intake Form
The Small Business Asset Purchase Agreement is essential when acquiring or selling business assets in England and Wales. It's particularly suited for transactions involving small to medium-sized enterprises where a complete share purchase is not desired or appropriate. The agreement covers the transfer of specific assets such as equipment, inventory, intellectual property, and customer contracts, while clearly defining excluded assets and liabilities. It incorporates necessary protections under English law and is typically used for transactions valued below £1 million.
1. Basic Information: Requestor details, department, date, contact information and reference numbers
2. Procurement Requirements: Detailed description of goods/services needed, quantities, and specifications
3. Budget Information: Available budget, cost center, funding source, and any financial constraints
4. Timeline Requirements: Required delivery dates, project milestones, and implementation schedule
5. Technical Requirements: Specific technical specifications, standards, and compliance requirements
1. Sustainability Requirements: Environmental and social responsibility criteria, used when procurement has environmental impact
2. Security Requirements: Special security considerations and compliance requirements, used for sensitive procurements
3. TUPE Considerations: Employee transfer details and implications, used when service contracts involve staff transfers
4. Social Value Requirements: Requirements related to social value creation, used for public sector procurement above certain thresholds
1. Technical Specifications Schedule: Detailed technical requirements, standards, and specifications
2. Pricing Schedule: Detailed budget breakdown and cost estimates
3. Risk Assessment: Evaluation of procurement risks and mitigation strategies
4. Market Analysis: Overview of potential suppliers and market conditions
5. Compliance Checklist: List of regulatory requirements and compliance criteria
Authors
Budget Holder
Business Case
Business Day
Commencement Date
Confidential Information
Contract Value
Cost Centre
Delivery Date
Delivery Location
Department Code
Goods
Key Performance Indicators
Payment Terms
Procurement Category
Project Code
Purchase Order
Requesting Department
Requirements Specification
Services
Specification
Supplier
Technical Requirements
VAT
Requirements Description
Budget Information
Timeline Requirements
Technical Specifications
Quality Requirements
Delivery Requirements
Health and Safety
Environmental Requirements
Sustainability Requirements
Risk Assessment
Compliance Requirements
Security Requirements
Data Protection
Confidentiality
Insurance Requirements
Performance Standards
Warranty Requirements
Payment Terms
Contract Duration
Approval Requirements
Supplier Evaluation Criteria
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