There are multiple sources in a single source contract, but the business chooses to buy from a single vendor, thus bypassing the competition. Possible Solutions to Sole & Single Source Procurement 1. SOLE SOURCE Sole source is a non-competitive purchase or procurement process accomplished after soliciting and negotiating with only one source, so-called sole source, thus limiting Full and Open Competition (FOC). Sole Source Purchasing 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. Although there may be many other suppliers that offer similar products, the business chooses to purchase from that particular vendor. This helps busin… In one industry, suppliers and distributors may be different, but they usually produce similar merchandise to sell. The top solution is not to enter into a sole or single source procurement situation in the first place. But if you are dealing with single source procurement, your options are much less restricted, since it is less difficult to change suppliers . Sole Source is also known as: sole source procurement, sole sourcing, sole-sourced contract, direct sourcing, sole supplier, Often, more than one of these factors led to the use of a bridge contract. A single source purchase is one where there are multiple sources of supply, but for specific reasons the item or service must be purchased from a specified vendor. This happens when there is more than one bidder or offeror for the one proprietary item, when an agency prefers a specific name branded product or at times, those aspect’s uniqueness alone will not be enough to be determined as a sole provider. means a contract resulting from a sole source procurement. The primary difference between a single source vendor contract and a sole source contract is choice. In a sole source contract, only one vendor is available to provide an item or service. Avoid Sole & Single Source Procurement. The vendor has no competition. Define Sole source contract. When an existing contract is set to expire but the follow-on contract is not ready to be awarded, the government can extend the existing contract or award a short-term sole-source contract … There will be situations where the Sole Source contract will not be accepted. In addition, the justifications can also result in disapproval if it is used to select a preferred vendor. Why GAO Did This Study.

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