In addition, the following information should incorporated into the sole source justification:
Table of Contents
How do you write a sole source justification?
In addition, the following information should incorporated into the sole source justification:
- A detailed explanation of how and why these “unique features” affect the function of the new item;
- Why an item without these functions and/or features are necessary for the use intended by the College;
Who writes a sole source letter?
Sole Source Procurement – Sole source purchases are made only when items are unique and possess specific characteristics that can be filled by only one source. The vendor must furnish a letter indicating that it is the sole source and the letter must be signed by an authorized company representative.
What is the purpose of a sole source letter?
Sole-source letters/affidavits and justification forms are used for both federal and local funds. A sole-source justification is a statement verifying that the product is not available from any other source, and that no other product serves the same purpose.
How do you sole a contract Source?
To be considered for a sole-source contract, register your business with the System for Award Management (SAM) and participate in any contracting program you may qualify for. In some cases, sole-source contracts must be published publicly, and will be marked with an intent to sole source.
What is a justification and approval?
A document required by the Federal Acquisition Regulation (FAR) that justifies and obtains approval for contract solicitations that use other than Full and Open Competition (FOC).
What is an intent to sole source?
A “sole source” procurement can be defined as any contract entered into without a competitive process, based on a justification that only one known source exists or that only one single supplier can fulfill the requirements.
What are the advantages of sole sourcing?
Benefits of Single Sourcing
- Lower pricing due to consolidation of all requirements with one supplier.
- More consistent quality.
- Lower purchasing workload due to communication with fewer suppliers.
- Easier to manage supplier performance because you are tracking fewer suppliers.
What is a sole source acquisition?
What is “sole source” procurement? Procurement by noncompetitive proposals, referred to as sole source procurement, is procurement through solicitation of a proposal from only one source.
What is a sole source document?
Definition. A sole source purchase means that only one supplier (source), to the best of the requester’s knowledge and belief, based upon thorough research, (i.e. conducting a market survey), is capable of delivering the required product or service.
What are the disadvantages of sole sourcing?
Disadvantages of single supplier strategy
- increased vulnerability of supply.
- increased risk of supply interruption.
- greater dependency between your business and the supplier.
What do you need to know about sole sourcing?
Single Source Procurement Definition.
What does sole source mean?
Definition. A sole source purchase means that only one supplier (source), to the best of the requester’s knowledge and belief, based upon thorough research, (i.e. conducting a market survey), is capable of delivering the required product or service. Similar types of goods and services may exist, but only one supplier, for reasons of expertise, and/or standardization, quality, compatibility with existing equipment, specifications, or availability, is the only source that is acceptable to meet
How do you use sole in a sentence?
– Your contract goes on for years. – It may be created by contract, by statute or by judgment. – They got a contract out on me! – There’s stuff I know – I issued the contract to Gabe. – Ol’ Arthur didn’t believe us when we told him there was a contract out on him and he went back out on the street.
What is the definition of sole source?
Sole Source Contracts are non-competitive procurements that allow a single supplier to fulfill the needs of the contractual requirements. Though Full and Open Competition is preferred in federal acquisitions, the use of a sole source can be highly valuable when specific circumstances are met.