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SOLE SOURCE PROCUREMENT JUSTIFICATIONS ole source purchases are goods and services available from only one vendor. There may be just one vendor because o f patents or copyrights or simply because

How to fill out sole source justification fact

How to fill out sole source justification fact

1. To fill out the sole source justification form, follow these steps:
2. Start by providing the details of the intended purchase or service.
3. Clearly explain why this purchase or service cannot be obtained from any other source or vendor.
4. Provide any supporting evidence or documentation that backs up your claim.
5. Include the estimated cost of the purchase or service.
6. Outline the potential risks and benefits associated with selecting a sole source procurement.
7. Get the necessary approvals and signatures from the appropriate authorities.
8. Submit the completed sole source justification form to the relevant department or designated official.

Who needs sole source justification fact?

1. Sole source justification facts are typically required by organizations or government agencies when making a purchase or procuring a service without a competitive bidding process.
2. This may happen when there is only one qualified vendor, when an emergency situation arises, or when a product or service has unique features that cannot be obtained elsewhere.
3. The need for sole source justification may vary depending on the specific procurement regulations or policies of the organization or agency.

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What is sole source justification fact?

Sole source justification fact is a documentation that explains the reason for selecting a specific vendor or supplier without competitive bidding.

Who is required to file sole source justification fact?

Any individual or entity procuring goods or services through a sole source contract may be required to file the justification fact.

How to fill out sole source justification fact?

The sole source justification fact should include information on why the particular vendor is the only one capable of providing the goods or services required.

What is the purpose of sole source justification fact?

The purpose of the sole source justification fact is to ensure transparency and accountability in the procurement process.

What information must be reported on sole source justification fact?

The justification fact should include details on the vendor, the goods or services being procured, and the reasons for selecting the vendor without competition.