13 Examples of Source Selection Criteria

Source selection criteria

13 Examples of Source Selection Criteria

 

In my previous articles, I have discussed what source selection criteria is. It is more of the conditions that you look at before you award a contract. This ensures that an awardee is not biased when awarding contracts. In this article, I want to look at some of the examples of source selection criteria that you need to know.

Source selection criteria

#1 Understanding of needs

Does the seller’s proposal effectively address the procurement Statement of Work while demonstrating a clear understanding of the needs?

 

#2 Overall or life-cycle cost

Does the selected seller produce the lowest total cost of ownership, which includes the purchase cost and operating cost?

 

#3 Technical capability

Does the seller have or is the seller expected to acquire the technical skills and knowledge needed for the project?

 

#4 Management approach

Does the seller have or can the seller reasonably develop the management processes and procedures to ensure a successful project?

 

#5 Technical approach

Does the seller’s proposed technical methodologies, techniques, solutions, and services meet the project’s requirements?

 

#6 Warranty

Does the seller provide a warranty for the final product and for what duration?

 

#7 Financial capability

Does the seller have or is the seller expected to obtain the necessary financial production capability and interest resources?

 

#8 Production capacity and interest

Does the seller have the capacity and interest to meet the project requirements?

 

#9 Business size and type

Does the seller’s company meet a specific category of business defined by the buyer, or established by a governmental agency, and included as a condition in the contract? Categories could include small, women-owned, or disadvantaged small business.

 

#10 Past performance of sellers

Does the company have past experience with selected sellers?

 

#11 References

Does the seller provide references from previous customers verifying the seller’s work experience and compliance with contractual requirements?

 

#12 Intellectual property rights

Are intellectual property rights established by the seller in work processes or services to be used for the project?

 

#13 Property rights

Are proprietary rights ensured by the seller in the work processes or services to be sure for the project?

 

 

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Adeniyi Salau PMP , CCNA R&S , CDMP, CEP, MOS, MCP, CSCU (Project 2016), Microsoft Certified Security and Networking Associate is a Google and Beingcert Certified Digital Marketer, Project Manager and SEO Expert of repute with about a decade of Blogging and online marketing experience. He is always ready to share his experience with others.

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