Which of the following is not a tool or technique for a Source selection?
A.
Contract negotiation
B.
Weighting system
C.
Payment system
D.
Screening system
Explanation:
The Source Selection process uses several tools and techniques to select the final vendor. This is usually a complicated process, except for the cases where price is the only determining factor. Lets examine each of the tools and techniques of this process.Contract Negotiation
In contract negotiation, both parties come to an agreement regarding the contract terms. Negotiation skills are put into practice here as the details of the contract are ironed out between the parties. At a minimum, contract language should include price, responsibilities, regulations or laws that apply, and the overall approach to the project.Weighting Systems
Weighting systems assign numerical weights to evaluation criteria, then multiply this by the weight of each criteria factor to come up with total scores for each vendor. Weighting systems are useful when you have multiple vendors to choose from, as they allow you to rank order the proposals to determine the sequence of negotiations.
There is an example of a weighted scoring system in Chapter 3. These systems are commonly used to evaluate vendor proposals.Screening Systems
Screening systems use predetermined performance criteria to screen out vendors. Perhaps your project requires board-certified engineers. One of the screening criteria would be that vendors propose project team members who are board-certified engineers. If they dont, theyre eliminated from the selection process.
Weighting systems and screening systems are often used in combination to come up with a selection.Independent Estimates
Your procurement department might conduct an independent estimate of the costs of the proposal and use this to compare to the vendor prices. If there are large differences between the independent estimate and the proposed vendor cost, one of two things is happening: The SOW, or the terms of the contract, was not detailed enough to allow the vendor to come up with an accurate cost, or the vendor simply failed to respond to all the requirements laid out in the contract or in the SOW.