
Source Selection Procedures
Source selection procedures are the structured processes organizations use to choose the best supplier or contractor for a project or purchase. They involve evaluating proposals based on criteria like price, quality, experience, and ability to meet deadlines. The goal is to ensure a fair, transparent, and objective decision-making process that results in selecting the vendor offering the best value. These procedures often include issuing a request for proposals, reviewing submissions, conducting negotiations if needed, and making an informed choice aligned with the organization's needs and goals.