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Supplier Justification Worksheet
For all purchases $10,000 or greater, a Tufts University Supplier Justification Form must be completed online in FREQ for each
Purchasing Requisition.
When an item
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How to fill out supplier justification worksheet
How to fill out supplier justification worksheet
01
To fill out the supplier justification worksheet, follow these steps:
02
Start by gathering the necessary information about the supplier, such as their name, contact details, and relevant background.
03
Identify the purpose of engaging the supplier and the specific goods or services they will provide.
04
Evaluate the supplier's qualifications, experience, and past performance to ensure they are suitable for the job.
05
Assess the cost and pricing structure of the supplier's offerings, considering factors like affordability and value for money.
06
Analyze the potential risks associated with engaging the supplier, including financial, operational, and reputational risks.
07
Document your findings and justification for selecting or rejecting the supplier using the worksheet provided.
08
Review the completed worksheet for accuracy and completeness before obtaining any necessary approvals.
09
Submit the supplier justification worksheet to the relevant department or individual responsible for supplier selection.
10
Keep a copy of the worksheet for your records and reference in case of any future audits or inquiries.
Who needs supplier justification worksheet?
01
The supplier justification worksheet is typically required by procurement or purchasing departments within an organization.
02
It is used to assess and justify the selection of a supplier for a given purchase or contract.
03
Other stakeholders involved in the supplier selection process, such as project managers or finance departments, may also need access to this worksheet.
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What is supplier justification worksheet?
The supplier justification worksheet is a document used to provide rationale for selecting a particular supplier for goods or services.
Who is required to file supplier justification worksheet?
Any individual or department responsible for selecting suppliers and making purchasing decisions is required to file a supplier justification worksheet.
How to fill out supplier justification worksheet?
To fill out a supplier justification worksheet, one must provide detailed justification for choosing a particular supplier, including factors such as cost, quality, and reliability.
What is the purpose of supplier justification worksheet?
The purpose of supplier justification worksheet is to ensure transparency and accountability in the supplier selection process.
What information must be reported on supplier justification worksheet?
The supplier justification worksheet must include details on the supplier's qualifications, pricing information, and reasons for selecting them.
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