Vendor Neutral definition
Vendor Neutral means a quality of CWM’s business model that promotes competition among its Subcontractors through an absence of CWM’s controlling financial or management interest in any Subcontractor while being entirely reliant on their services in order to perform the Work.
Vendor Neutral means that the company act as a third party, they are not a direct employer and provider of agency staff but act as a matching service between a company need for temporary staff and an agency’s ability to provide workers. The benefits of a vendor-neutral arrangement are: -
Examples of Vendor Neutral in a sentence
The parties have agreed that the Agreement is a framework agreement, the terms and conditions of which are accessible to other public bodies as provided for by the tender (the “Tender”) for the provision of a Vendor Neutral Temporary Staffing service on a Managed Service Basis.