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SOLE SOURCE JUSTIFICATION A waiver from the competitive solicitation process may be granted when based upon operational compatibility with existing equipment, strong technological grounds, a unique

How to fill out sole source justification fact

How to fill out sole source justification fact

1. To fill out the sole source justification fact, follow these steps:
2. Start by providing the name of the sole source supplier or vendor.
3. Briefly describe why this particular supplier or vendor is the only available option for the required goods or services.
4. Include any relevant information about the supplier's expertise, unique capabilities, or past performance that makes them the most suitable choice.
5. Provide details on the specific goods or services being procured and explain why they cannot be obtained from any other source.
6. If applicable, demonstrate how attempting to obtain competitive bids would result in a delay or disruption in the project timeline or would pose a significant risk to the organization.
7. Clearly state the estimated cost of the goods or services and explain why this cost is reasonable and justifiable.
8. Attach any supporting documents or evidence that validate the sole source decision, such as market research, expert opinions, or previous contracts.
9. Finally, review the completed sole source justification fact for accuracy and completeness before submitting.

Who needs sole source justification fact?

1. Sole source justification fact is needed by organizations or individuals who want to procure goods or services from a specific supplier or vendor without going through a competitive bidding process.
2. This may include situations where the required goods or services are only available from a single source, such as patented or proprietary products, or when it is determined that a sole source supplier provides the best value and meets all the necessary requirements.
3. The need for a sole source justification fact may vary depending on the organization's policies and regulations governing procurement processes.

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What is sole source justification fact?

Sole source justification fact is a document that provides justification for purchasing goods or services from a single provider without competitive bidding.

Who is required to file sole source justification fact?

The person responsible for procurement, typically a purchasing manager or officer, is required to file the sole source justification fact.

How to fill out sole source justification fact?

To fill out the sole source justification fact, the person responsible for procurement must provide details on why a single provider is being selected, the benefits of choosing this provider, and any cost or time savings.

What is the purpose of sole source justification fact?

The purpose of the sole source justification fact is to provide transparency and accountability in the procurement process, ensuring that the decision to choose a single provider is justified.

What information must be reported on sole source justification fact?

The sole source justification fact must include the reasons for selecting the single provider, the benefits of this selection, and any potential cost or time savings.