Company Identity
Legal entity name, DBA, EIN, business structure, and primary business address for contract and tax purposes.
A well-prepared PQS speeds procurement reviews, lowers onboarding risk, and creates an auditable record of vendor qualifications. It standardizes evaluation, reduces requests for clarification, and helps teams compare bidders objectively while preserving compliance evidence for audits or dispute resolution.
The Business PQS is completed by prospective suppliers and reviewed by buyer-side stakeholders to determine eligibility and capability before contracting.
Multiple internal teams use PQS data — procurement, legal, finance, and operations — and external reviewers may validate certifications and insurance details.
Legal entity name, DBA, EIN, business structure, and primary business address for contract and tax purposes.
Recent financial statements, bank references, and credit information that demonstrate capacity to perform contracted work.
Proof of insurance types and limits, carrier names, policy numbers, and effective dates required by the buyer.
Project summaries, client references, contract values, and performance dates demonstrating relevant past work.
Relevant industry or regulatory certifications, licenses, and any required safety or quality management registrations.
Conflict-of-interest disclosures, non-collusion statements, and an executed signature block for authorized signers.
| Field | Configuration |
|---|---|
| Upload Template | Use a locked PDF or template to preserve field positions. |
| Assign Signers | Designate roles and signer order for authorization. |
| Authentication | Choose email link, SMS code, or KBA where required. |
| Routing Rules | Auto-forward completed PQS to legal and procurement. |
Confirm acceptable file formats and integration points before finalizing electronic submission to avoid rejection.
Ensure that attachments are searchable PDFs where possible, maintain original filenames, and verify automated routing to procurement and legal for retention.
Deadline specified in solicitation; late PQS may be rejected.
Buyers often set a last date for clarification requests.
Procurement evaluates PQS and verifies supporting documents.
Buyers issue prequalification results or shortlist notices.
Qualified vendors proceed to contract negotiation and signature.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |