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Total Procurement Value Calculator

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Use this calculator to determine the estimated procurement value (i.e. total cost) of an intended purchase.

Prior to determining the appropriate procurement method for a good or service, the total procurement value should be well understood. This should be based on a “reasonably foreseeable spend”  for the duration of the agreement between the University and the Supplier.

Depending on the type of purchase, associated costs may include:

Equipment Software as a Service
  • Equipment Price
  • Delivery, Site Preparation, Installation
  • Training
  • Maintenance & Support
  • Consumables, Reagents
  • Warranty
  • After-sales services
  • Initial purchase
  • Implementation Costs
  • Training (Initial and Ongoing)
  • Hosting and Storage Fees
  • Maintenance & Support
  • Additional Licences
  • New modules / Features / Reporting Requirements