Single Sourcing definition

Single Sourcing means the procurement of Goods/Services from a particular Bidder/Proponent rather than through the solicitation of Bids from multiple Bidders/Proponents who can also provide the same/similar Goods/Services.

Single Sourcing means a procurement decision whereby the purchasing of Goods and Services or Construction are directed towards a particular vendor without solicitation of bids from other vendors because of standardization, warranty, or other factors.

Single Sourcing means awarding a Procurement opportunity to a Vendor without competition for reasons specific to the situation (i.e. an Emergency), although competitive bids may be available;

Examples of Single Sourcing in a sentence

• Single Sourcing is a method of procurement whereby there is more than one vendor able to supply and a purchase order is issued or contract awarded without a competitive bidding process.

• Single Sourcing will be permitted if one or more of the following circumstances apply: 1.

• The Company and the Union recognize that the manufacturing operations of the Company are highly and completely integrated with Single Sourcing and Just In Time delivery requirements of the Company’s customers which may from time to time require emergency overtime.

• The use of Sole and Single Sourcing with a particular vendor exceeding $25,000 must be reported to Council.

• Single Sourcing – where purchases are made through a selected supplier, even though there are other suppliers that provide similar supplies or service.

More Definitions of Single Sourcing

Single Sourcing means the procurement of a good or service from one particular vendor for over three years with no competitive process having occurred, while knowing that there are other potential vendors in the marketplace. While common practice in the past, single sourcing is not considered an acceptable practice today.

Single Sourcing means a non-competitive procurement method for goods or services from a Supplier in situations when more than one source is available;

Single Sourcing means the procurement of Goods and/or Services from a particular supplier rather than through a Bid Solicitation from multiple suppliers who can provide the same/similar goods and/or Services.

Single Sourcing means the procurement of goods and/or services from a particular Vendor rather than through the solicitation of Bids from multiple Vendors who can also provide the same/similar Goods and/or Services;

Single Sourcing means the non-competitive procurement process to acquire goods and/or services from a specific Supplier even though there may be more than one Supplier capable of delivery of the same goods and/or services;

Single Sourcing means a Non-Competitive Procurement in which the Goods and/or Services are purchased from a particular Vendor rather than through a Competitive Procurement notwithstanding that there are other Vendors who can also provide the same Goods and/or Services.

Single Sourcing means the process of procuring Goods and or Services from a particular Vendor without the utilization of a Bid Request issued to other potential Vendors;