Get the free Certificate of Sole Source Procurement - ifs guamcc

This document serves as a formal statement justifying the need for sole source procurement of specific items at the College. It includes sections for describing the item, the necessity for sole source

How to fill out certificate of sole source

How to fill out certificate of sole source

1. Obtain a copy of the Certificate of Sole Source form from the relevant authority.
2. Carefully read the instructions providing guidance on completing the form.
3. Fill in the name and address of the entity requesting the sole source certification.
4. Clearly state the specific goods or services that are being procured.
5. Provide detailed justification for why the procurement can only be sourced from a single supplier.
6. Include any supporting documentation that reinforces your argument for sole sourcing.
7. Review the form for accuracy and completeness before submission.
8. Submit the completed Certificate of Sole Source to the appropriate approving authority.

Who needs certificate of sole source?

1. Government agencies that require sole source procurement.
2. Businesses or organizations attempting to justify a sole source purchase.
3. Contractors and suppliers seeking to receive approval for exclusive contracts.

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What is certificate of sole source?

A certificate of sole source is a document that certifies that a specific product or service is available from only one supplier, thus justifying the procurement without a competitive bidding process.

Who is required to file certificate of sole source?

Typically, government agencies or organizations that are procuring goods or services must file a certificate of sole source when they determine that only one vendor can fulfill their procurement needs.

How to fill out certificate of sole source?

To fill out a certificate of sole source, provide details such as the description of the product or service, the name of the supplier, the justification for sole sourcing, and any relevant pricing or contract information.

What is the purpose of certificate of sole source?

The purpose of a certificate of sole source is to provide a formal justification for not utilizing a competitive bidding process, ensuring transparency and accountability in procurement practices.

What information must be reported on certificate of sole source?

The certificate must report information such as the vendor's name, the product or service description, the basis for claiming sole source, and any alternative suppliers contacted.