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What is a Sole Source Letter? (And When Do You Need One?) When an agency determines only one vendor can meet their requirements, they turn to a process called sole source procurement, which begins with one critical document: the sole source letter
Pharmacy Surveillance and Compliance Software - Wolters Kluwer Simplifi+® and Sentri7® applications on one powerful technology platform—SoleSource®—helps to standardize clinical, pharmacy and compliance programs Customers access evidenced-based content, tailored workflows, and robust analytics to improve patient care, quality and safety
Single sourcing vs. sole sourcing - CIPS Sole sourcing is where there is only one supplier available for the required product or service that your organisation needs It’s also sometimes referred to as monopolistic supplier Single sourcing decisions are typically made at top management level
Single Sourcing vs. Sole Sourcing: Understanding the Difference Sole sourcing is an approach where businesses are using only one supplier to procure products or services It helps cut risks and costs by limiting the number of suppliers to deal with However, it also means having less choices when the current supplier goes out of business or underperforms
What is a Sole Source? | Idaho State University A sole source purchase means that only one supplier (source), to the best of the requester's knowledge and belief, based upon thorough research, (i e conducting a market survey), is capable of delivering the required product or service
Sole Sourcing — Definition Examples - Procurement Tactics Sole sourcing refers to the practice of purchasing supplies or products from one supplier Sole sourcing is often the preferred choice for new companies as it is easier to manage and maintain a positive relationship with a single supplier for all your supply needs
County of Los Angeles INTERNAL SERVICES DEPARTMENT Expand criteria for sole source contracts selected without a competitive solicitation performed by the County to include contracts solicited by outside entities, such as other municipalities, public agencies, State federal government or non-profit organizations