QUALIFIED VENDOR LIST Clause Samples
A Qualified Vendor List clause establishes a roster of suppliers or service providers that have met predefined standards or criteria set by an organization. This list is typically used to streamline procurement by ensuring that only vetted vendors are eligible to bid on or provide goods and services, often after a formal evaluation or approval process. By maintaining such a list, the organization can ensure quality, reduce risk, and expedite purchasing decisions by relying on trusted vendors.
QUALIFIED VENDOR LIST. Upon production release, VENDOR shall supply GTECH with a qualified vendor list (QVL) for all components used in the Products purchased under this Agreement. This QVL shall include the component manufacturers and vendors along with the corresponding part numbers for all components used in the Product, any of the assemblies, subassemblies, piece parts, components, or other items comprising the Products purchased under this Agreement. Updates to this list shall be forwarded to GTECH CORPORATION, 55 * Confidential treatment requested ▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Procurement Agent Responsible for this Commodity.
QUALIFIED VENDOR LIST. 14 12.7 DIAGNOSTICS............................................14 12.8