What is "source selection"?

Source selection refers to the detailed process used to evaluate proposals submitted by potential contractors and to select the most suitable contractor based on specific, predetermined criteria. This process is critical in contract management as it ensures that the selection is conducted in a fair, transparent, and methodical manner, ultimately leading to the best value for the organization.

In this phase, the criteria used for evaluation often include factors such as cost, technical capability, past performance, and other significant elements that align with the organization's needs and objectives. By adhering to a structured approach, organizations can mitigate risks, ensure compliance with regulations, and promote competitive pricing and quality services.

This understanding differentiates source selection from other contract-related processes. For instance, negotiating the final terms of a contract comes after a contractor has been selected, while assessing contractor performance occurs after the contract is awarded, and canceling a contract is a separate procedural action that may arise under different circumstances.