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Leadership On-Line Guides

e-tool® Management Guides

The e-tool® On-Line Management Guides are provided electronically to your email address in an Abobe® .pdf format for your immediate use.

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Supplier/Price Justification

A key question throughout the Purchasing process is why a particular source (supplier) was selected and how the price from that source was determined to be fair and reasonable. This is frequently referred to as Source and Price Justification.

This guide provides the terms and definitions that can be used in explaining the source and price determinations used in a particular award process. The company can use or modify the following definitions in developing its source and price justification process.

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