IEEE strives to obtain the highest-value goods and services at the lowest price. Competitive bidding is the formal process that allows IEEE staff and volunteers to properly survey the marketplace by stimulating competition and ensuring impartiality in buying decisions. For assistance with any bid process or to learn about methods for successful supplier selection and engagement, contact IEEE Strategic Sourcing.
Below is the Competitive Bidding Process in accordance with the Financial Operations Manual (FOM.8) – Contracts and Purchase Orders.
The contract manager shall document and recommend the vendor selection based on: