Source Selection

Source selection is the process organizations use to choose the best supplier or vendor for a project or service. It involves evaluating different options based on factors like cost, quality, experience, and capability to ensure the organization gets value and meets its needs. The goal is to make an informed decision by comparing proposals, reviewing credentials, and assessing risks, ultimately selecting the partner that offers the best overall solution. This process helps ensure transparency, fairness, and that resources are used effectively to achieve successful outcomes.