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What makes the sole sourcesingle sourceexemption formprocuremen legally binding?
As the society ditches in-office work, the execution of paperwork more and more happens electronically. The sole sourcesingle sourceexemption formprocuremen isn’t an any different. Handling it utilizing electronic tools differs from doing so in the physical world.
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People also ask
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What justifies sole supplier sourcing?
Justifications for Sole Source Only a particular brand or "make" is compatible with existing equipment or inventory. Only one source is known for a specialized item of equipment or material. Only one contractor is capable of providing the required service.
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How do you justify sole source procurement?
Sole Source Justification Criteria Item must be identical to equipment already in use to ensure compatibility with existing equipment or systems, and that item is only available from one source. Provide a previous po number or equipment inventory tag number in your sole source justification.
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What is the difference between sole source and single source procurement?
Single sourcing is where a particular supplier is chosen by an organisation, even when other suppliers are available. Sole sourcing is where there is only one supplier available for the required product or service that your organisation needs. It's also sometimes referred to as monopolistic supplier.
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What is a sole source justification requirement?
For federally funded procurements, a sole source justification must fit into one of the categories below: the item is available only from a single source. the public exigency or emergency for the requirement will not permit a delay resulting from competitive solicitation.
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What is the justification for a single source supplier?
The two most often cited reasons for a sole or single source justification are uniqueness and timeframe. These are often confused and inappropriately interchanged. If a supplier is unique and if their uniqueness is adequately substantiated, a discussion of timeframe is inappropriate.
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Which of the following justifies sole supplier sourcing?
Final answer: Sole-supplier sourcing can be justified by factors such as a supplier offering discounts, concerns about exposing trade secrets, consistent past performance, or a project sponsor's request.
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What is an example of a sole source procurement?
An example of a sole source might include proprietary chemicals sold only directly by the manufacturer, for which no other functional equivalents exist.
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How do you write a good sole source justification?
GUIDANCE FOR WRITING SOLE SOURCE JUSTIFICATIONS Be specific and thorough in the memo. One-of-a-kind - The product has no competitive product and is available from only one supplier. Includes proprietary products, patented products, and prototypes.
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