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Canada Student Loans Program
Service Provider ReprocurementAPPENDIX J: ADDITIONAL FEDERAL FUNCTIONAL REQUIREMENTS INFORMATION
Introduction
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How to fill out service provider re-procurement
How to fill out service provider re-procurement
01
To fill out service provider re-procurement, follow these steps:
02
Review the current service provider agreement and evaluate the need for re-procurement.
03
Identify the specific requirements and objectives for the re-procurement process.
04
Conduct market research and identify potential service providers.
05
Develop a Request for Proposal (RFP) or Request for Quotation (RFQ) document.
06
Clearly outline the scope of work, evaluation criteria, and contractual terms in the RFP/RFQ.
07
Publish the RFP/RFQ and invite qualified service providers to participate.
08
Evaluate the proposals received and shortlist the potential service providers.
09
Conduct interviews and presentations with the shortlisted service providers.
10
Perform due diligence on the finalists, including reference checks and site visits.
11
Finalize the selection and negotiate the terms of the new service provider agreement.
12
Award the contract to the selected service provider.
13
Monitor the performance of the new service provider and ensure compliance with the agreed-upon terms.
14
Review and evaluate the effectiveness of the re-procurement process for future improvements.
Who needs service provider re-procurement?
01
Service provider re-procurement is needed by organizations or businesses that have existing service provider contracts and wish to reassess their options.
02
This can include government agencies, corporations, non-profit organizations, and other entities that rely on external service providers for various services.
03
By undergoing re-procurement, these organizations can potentially find better service providers, negotiate improved terms, or address changes in their service needs.
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