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Sole Source Contract between the State of Washington Office of Financial Management/ Office of the Chief Information Officer and Finley Mumbles, LLC. This Contract is made and entered into by and

How to fill out sole source contract

How to fill out sole source contract:

1. Gather all necessary information: Before filling out the sole source contract, gather all relevant information such as the company's name, address, contact details, and any specific requirements or specifications for the contract.
2. Identify the sole source justification: Determine the reason why the contract is being awarded as a sole source. This could be due to unique expertise, proprietary technology, or any other valid justification that distinguishes the supplier from other competitors.
3. Describe the goods or services required: Clearly outline the goods or services that are being procured through the sole source contract. Provide detailed descriptions, specifications, quantities, and any other relevant information to accurately define the requirements.
4. Determine the contract terms and conditions: Establish the terms and conditions that will govern the sole source contract. This includes factors such as the duration of the contract, payment terms, delivery or performance dates, warranties, and any other contractual aspects that are necessary.
5. Include pricing and cost details: Specify the pricing structure and any associated costs for the goods or services being procured. This may include unit prices, quantity discounts, any applicable taxes or fees, and any other relevant financial information.
6. Fill in the required forms: Use the appropriate contract forms provided by the contracting authority or organization. Ensure that all required fields are filled out accurately and completely. Attach any supporting documents or certifications as needed.

Who needs sole source contract:

1. Government agencies: Government entities often require sole source contracts when there is a genuine need to procure goods or services from a specific supplier.
2. Companies with proprietary products or technology: Companies that possess unique products, technologies, or intellectual property may seek sole source contracts to protect their competitive advantage.
3. Non-profit organizations: In certain cases, non-profit organizations may need sole source contracts to acquire specialized services or expertise that are only available from a specific source.
4. Emergency situations: In urgent situations where time is of the essence, sole source contracts may be necessary to quickly secure goods or services from pre-selected suppliers.
5. Highly specialized industries: Industries that require highly specialized knowledge or resources may rely on sole source contracts to ensure the availability of the required expertise.

Note: It is essential to consult with legal and procurement professionals to ensure compliance with applicable laws, regulations, and organizational policies when filling out sole source contracts.

For pdfFiller’s FAQs

What is sole source contract?

A sole source contract is a contract awarded without competitive bidding because it is believed that only one supplier can provide the required goods or services.

Who is required to file sole source contract?

Government agencies and organizations that require goods or services not available from multiple vendors.

How to fill out sole source contract?

To fill out a sole source contract, you must provide detailed justification for why the contract should be awarded without competitive bidding.

What is the purpose of sole source contract?

The purpose of a sole source contract is to expedite the procurement process when only one supplier can meet the requirements.

What information must be reported on sole source contract?

The sole source contract must include justification for why competitive bidding is not feasible, a description of the goods or services being procured, and the terms and conditions of the contract.

How do I make changes in sole source contract?

The editing procedure is simple with pdfFiller. Open your sole source contract in the editor, which is quite user-friendly. You may use it to blackout, redact, write, and erase text, add photos, draw arrows and lines, set sticky notes and text boxes, and much more.

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