Your Guide to a Seamless Procurement Journey with the Central Bank of Trinidad and Tobago: Discover the New Purchase Order Format, Step-by-Step Process, and Key Terms and Conditions.
New Purchase Order Format
New Purchase Order Format Update
The Central Bank of Trinidad and Tobago (CBTT) wishes to advise the public of amendments to its current Purchase Order (PO) format.
The layout of the Purchase Order (PO) will change and will now include the following:
- Header
- Delivery address
- Space for vendor’s authorized signature
- Insurance requirements (as applicable)
- Specified acceptance criteria (as applicable)
- Warranties (as applicable)
- Contact number (as applicable)
- Terms and conditions (Goods)Terms and conditions (Services)
The revised PO format allows vendors to review the details of the order along with the general terms and conditions. Vendors are now required to communicate acceptance of the PO by signing and returning to Central Bank.
The sample of the authorized signature(s) supplied by the Vendor via upload to eboxTENDERS will be used to validate the Vendor’s authorised representative when the Purchase Order is executed and returned to Central Bank.
Steps to CBTT New Purchase Process
Step 1
Receive the Purchase Order
Step 2
Review the Purchase Order Details
Step 3
Review the Terms and Conditions
Step 4
Sign the Purchase Order and Return to CBTT
New Purchase Process Video Tutorial
The video below provides and overview of the features of the Bank’s Purchase Order
Steps to Upload Authorized Signatures
Setting Up Authorized Signatures in eboxTENDERS: A Step-by-Step Guide
Step 1: Begin by logging in to eboxTENDERS.
Step 2: Go to My Account and choose Authorized Signatures from the drop-down list
Step 3: Click on Add to create a new Signature. Keep in mind that multiple Authorized Signatories can be added to a Vendor’s eboxTENDERS account
Step 4: The Authorized Signature Bank will now be visible. That’s it – you’re done!
Terms & Conditions
Standard Terms and Conditions are incorporated into, and form part of the Purchase Order contained on the overleaf and along with any change orders, addenda, revisions, amendments and supplementary agreements mutually agreed to in writing by the Central Bank of Trinidad and Tobago (“the Bank”) and the Supplier (“the Parties”) to the Purchase Order. This Purchase Order shall be deemed accepted by and binding on the Supplier upon execution of the Purchase Order by an authorised signatory of the Supplier.