BID SPECIFICATION COMMITTEES Case study: you are required to prepare a bid invitation for an institution for the procurement of fire fighting equipment for the emergency services directorate. the following information is applicable to the case study: 1. bids were invited by an instiitution for the supply of two "Hydraulic Universal Pliers machines at a total estimated cost of R 550 000.00 2. The closing date is 29 February 2017 at 11:00 Task: 1. Bid Specification Committee Composition - Recommend the composition, functions of the Bid Specification committee to procure the equipment 2. Demand Management - Motivate how the need is aligned to mission, vision and strategic objectives of the institution - conduct market and supplier analysis: Provide details on historical procurement for similar requirement Analyse the manucipality's supplier base and determine the number and nature of providers in the market. determine sourcing strategy/bidding method. indicate which preferential procurement system will be utilised compile the specifications for hydraulic universal pliers determine the validity period for price proposal decide on possible breifing meetings decide if firm or non firm prices will be requested decide on the advertisement strategy that should be followwed decide which incidental services must be included as part of the specifications so as to adhere to the policy of total cost of owwnership stipulate special conditions of contract make a list of all the documents that will be sent to the sipplier as part of the invitation to bid