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CALIFORNIA COMMUNITY COLLEGES Approved ASSESSMENT INSTRUMENTS Spring 2014 MIS CONDESCEND PARTY ASSESSMENT INSTRUMENT NAME ACT COMPASS (COMPUTERIZED)1038 1039 1040 1041 1087 1088 1070 1085 1086ACT
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Who needs second party assessment instrument?

01
Companies or organizations seeking to assess the performance or capabilities of their second-party suppliers or service providers.
02
Auditors or assessors responsible for evaluating the compliance or suitability of second-party suppliers.
03
Government agencies or regulatory bodies requiring assessment of certain entities or industries.
04
Parties involved in partnership or contract agreements that include obligations for ongoing assessment of performance.
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Second party assessment instrument is a tool used to evaluate the performance and compliance of a supplier or contractor by the organization that has direct contractual relationship with them.
The organization that has a direct contractual relationship with a supplier or contractor is required to file the second party assessment instrument.
The second party assessment instrument should be filled out by collecting data on the supplier or contractor's performance, compliance, and any relevant information based on the organization's requirements.
The purpose of second party assessment instrument is to ensure that the supplier or contractor is meeting the organization's expectations in terms of performance, compliance, and any other specific requirements.
The information reported on the second party assessment instrument should include details about the supplier or contractor's performance, compliance with contractual obligations, any issues or concerns, and any corrective actions taken or required.
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