{{notability|date=April 2017}}
'''Source selection criteria''' describes properties that are crucial for a purchaser when deciding on a supplier. Criteria can be subjective or objective. Individual judgment can be biased, which may require balancing with objective measures. One approach is to identify a list of criteria such as cost and financial stability, assign a weight to each one and to score each vendor on each criterion. Then multiply the score by the weight and sum to get a final score.<ref>{{cite journal|url=https://www.mitre.org/publications/systems-engineering-guide/acquisition-systems-engineering/source-selection-preparation-and-evaluation|title=Source Selection Preparation and Evaluation|date=18 July 2013}}</ref><ref>{{cite web|url=https://www.acquisition.gov/far/html/Subpart%2015_3.html|title=Source Selection|access-date=31 March 2017}}</ref>
== Criteria == Criteria can be specific to the desired item(s). Sample criteria: * Total costs (including works and maintenance) * Ability to finance * Capability for technical matters * The distribution of risks * The shape of business * Previous works and references * Providing Warranty
== See also == *Vendor bid analysis *Stock selection criterion *Government procurement in the United States
== References == {{reflist}}
== External links== * [http://www.ustranscom.mil/dbw/docs/Source_Selection_Procedures.pdf Department of Defense Source Selection Procedures - USTranscom]
Category:Procurement