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SOLE SOURCE PROCUREMENT CHECKLISTDepartment: Treasury Department Contractor: The Vanguard Group Agency Purchase Requisition No. A) Reason(s) for Sole Source Procurement:Only a single contractor is
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How to fill out sole source procurement checklist

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How to fill out sole source procurement checklist

01
To fill out the sole source procurement checklist, follow these steps:
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Begin by providing the name and contact information of the organization requesting the sole source procurement.
03
Next, outline the justification for why the procurement needs to be sole sourced. This can include reasons such as unique specifications, proprietary rights, or compatibility requirements.
04
Specify the product or service being procured and provide a detailed description.
05
Include any relevant supporting documentation, such as quotations, market research, or technical specifications.
06
Indicate the estimated cost of the procurement and any associated costs, such as installation or maintenance.
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Provide a timeline for the procurement process, including any key milestones or deadlines.
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Finally, review the checklist to ensure all necessary information has been provided and submit it to the appropriate authority for approval.

Who needs sole source procurement checklist?

01
The sole source procurement checklist is needed by organizations or individuals who are seeking to procure a product or service through a sole source method. This means that the procurement cannot be done through a competitive bidding process due to various reasons, such as unique requirements or proprietary rights. The checklist helps ensure that the procurement process is transparent and follows the necessary guidelines and regulations.
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Sole source procurement checklist is a document that outlines the steps and requirements for procuring goods or services from a single source without a competitive bidding process.
Government agencies and organizations that are subject to procurement regulations are required to file sole source procurement checklist.
To fill out the sole source procurement checklist, organizations need to provide details about the required goods or services, justification for choosing a single source, and other relevant information.
The purpose of the sole source procurement checklist is to ensure transparency and accountability in the procurement process, especially when using a single source for goods or services.
The sole source procurement checklist should include details about the vendor, reason for selecting them, pricing information, and any approvals obtained.
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