Major departmental procurement requires a level of analysis and research to ensure that the financial delegate is satisfied that the approach to market is optimal. This effort should be commensurate with risk and materiality.

Depending on the level of opportunity and risk identified in a preliminary analysis, a business case can be developed.

It is necessary to obtain the appropriate written internal approval to undertake the procurement. When seeking approval to proceed with the purchase, ensure that there is an approved budget sufficient to cover the cost of the procurement.