Managing a Sourcing Event
A Sourcing Event is the most important part of a Sourcing Project. It is where the buyer can establish the bidding dates and time, as well as compile all pertinent information to which the vendors will need to respond, as guided by a template established by the State. Notification of this Event can then be posted in IPS so that interested vendors can respond electronically in a consistent format and that questions and answers can be exchanged through the Sourcing Event if further clarification is needed by either side. Finally, responses can be reviewed, and a contract can be awarded.
For more detailed step-by-step information regarding this topic in a printable format, see the following job aid.
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