Get the free Sole Source Justification Form (2)

FINANCE&ADMINISTRATION SOLESOURCEJUSTIFICATION Name___Department___Date___ Item/ServiceBeingPurchased___ Price___ ContractDuration(inapplicable)___IndexforPayment___ ThisformshallbeusedtodocumentallsolesourcepurchasesmadeatEasternOregonUniversityinaccordancewith

How to fill out sole source justification form

How to fill out sole source justification form

1. Start by providing a brief description of the product or service being procured.
2. Explain why the product or service is unique and only available from one source.
3. Include information on any negotiations that took place with the supplier.
4. Justify the need for the sole source procurement and outline any potential cost savings or benefits.
5. Obtain necessary approvals from relevant stakeholders before submitting the form.

Who needs sole source justification form?

1. Government agencies
2. Organizations with specific requirements that can only be met by one supplier
3. Entities looking to streamline their procurement process by eliminating unnecessary competition

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What is sole source justification form?

The sole source justification form is a document used to request approval to purchase goods or services from a specific supplier without a competitive bidding process.

Who is required to file sole source justification form?

Any organization or individual within a company who wishes to procure goods or services from a sole source vendor.

How to fill out sole source justification form?

The form typically requires information such as the reason for selecting the sole source vendor, details of the goods or services to be purchased, and justification for not going through a competitive bidding process.

What is the purpose of sole source justification form?

The purpose of the sole source justification form is to ensure that purchases from sole source vendors are legitimate and necessary, and that the best interests of the organization are being served.

What information must be reported on sole source justification form?

The form typically requires details about the supplier, the goods or services to be purchased, the reason for selecting the sole source vendor, and justification for not going through a competitive bidding process.