What is a sole source award?

Sole source awards can be made to vendors when one or more of three criteria are met. The item/service is available only from one source (Brand Name Justification). The public exigency or emergency for the requirement will not permit a delay resulting from competitive solicitation.

How do you get sole source awards?

WOSB sole source awards They are laid out in FAR 19.1506. First, the acquisition must be assigned a NAICS code in which WOSBs are substantially underrepresented (as determined by the SBA). Second, the contracting officer needs to not have a reasonable expectation that two or more WOSBs will bid on the work.

What is required for a sole source justification?

Sole Source Justification Criteria Only one manufacturer makes the item meeting required specifications; that manufacturer only sells direct or exclusively through one regional/national distributor; Describe the steps taken to determine only one source exists.

What does sole source mean in government contract?

A “sole source” procurement can be defined as any contract entered into without a competitive process, based on a justification that only one known source exists or that only one single supplier can fulfill the requirements.

How does sole source work?

Definition. A sole source purchase means that only one supplier (source), to the best of the requester’s knowledge and belief, based upon thorough research, (i.e. conducting a market survey), is capable of delivering the required product or service.

When can you sole source?

Sole source procurement should be used only when competitive solicitation procedures like sealed bids or competitive proposals are not applicable to the requirements or are impracticable.

What does it mean to sole source?

A sole source purchase is one where there is only one vendor capable of providing an item or service, and therefore it is not possible to obtain competitive bids.

What is the difference between single source and sole source?

In purchasing sole sourcing take place when only one supplier for the required item is available, whereas with single sourcing a particular supplier is purposefully chosen by the buying organisation, even when other suppliers are available (Larson and Kulchitsky, 1998; Van Weele, 2010).

Who provides a sole source letter?

Sole Source Procurement – Sole source purchases are made only when items are unique and possess specific characteristics that can be filled by only one source. The vendor must furnish a letter indicating that it is the sole source and the letter must be signed by an authorized company representative.

What are the benefits of single sourcing?

Benefits of Single Sourcing

• Lower pricing due to consolidation of all requirements with one supplier.
• More consistent quality.
• Lower purchasing workload due to communication with fewer suppliers.
• Easier to manage supplier performance because you are tracking fewer suppliers.

How do you deal with a sole source supplier?

Here are some advices for true sole source situations:

1. Modify/Redesign, or at least give the supplier the perception that there is a real intention to do so to open the market.
2. Identify the consequences for the supplier to lose your account.
3. Determine the short- and long-term impact for the supplier of no-agreement.

Why is single sourcing risky?

Relying on single sourcing can expose you to the possibility of not being able to get critical supplies if the supplier’s operations are disrupted. Common drawbacks of this strategy include: increased vulnerability of supply. increased risk of supply interruption.