Vendor of Record selection process definition

Vendor of Record selection process means the preferred process for selecting Vendor(s) of Record, where first an opportunity is communicated to approved or sourced vendors, or may be publicly advertised (Request For Expression of Interest). If required, a short listing may occur (Request for Pre- Qualification) and through the RFT or RFP process the award is made. RFEIs and RFPQs are optional processes. A second method of becoming a Vendor of Record would be as a result of being awarded one particular contract via a competitive process, and performing successfully, whereupon the Approved Vendor may be approached to enter into a Vendor of Record Agreement as approved by the Procurement Manager.
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Related to Vendor of Record selection process

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • Approved Vendor List means a list of approved vendors established under Section 63G-6a-507.

  • Approved Vendor means a person who has been approved for inclusion on an approved vendor list through the approved vendor list process.

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.