Strategic Sourcing
A VPF Business Unit that finds and sources the most appropriate suppliers of goods and services to met MIT's complex purchasing needs.
Definition
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Sole Source
An acquisition where, after a search, only one supplier is determined to be reasonably available for the required product, service or construction item.
Definition
PDFW-9 Form
A blank W-9 Form for MIT suppliers.
Forms and Resources
- Buying and Paying
Business
A contractor, subcontractor, supplier, consultant, or provider of technical, administrative, or physical services organized as a sole proprietorship, partnership, association, corporation, or other entity formed for the purpose of doing business for profit.
Definition
Buying and Paying
At VPF, we are eager to help you navigate the Institute’s shopping landscape and obtain the goods and services that make your DLCI’s operations productive and efficient. Call on us to help you comply with MIT policies and to leverage our purchasing tools and know-how.
Topic
Linde Gas and Equipment to Provide Packaged Gas Services to MIT
MIT has awarded a contract for packaged gas services to Linde Gas and Equipment effective July 1, 2023, following a formal request for proposal process conducted with community input by the Strategic Sourcing and Contracts team in the Office of the Vice President for Finance. As MIT’s Preferred supplier, Linde…
Publication Date
5/3/2023
News
Update Your Image
If you need images for a website, social media post, print project, or event, you can hire a photographer, purchase images, or find a collection of MIT-owned images online. Check out the details below. Hire a Photographer VPF Strategic Sourcing has added Photography to the list of commodities of the…
Publication Date
12/19/2019
News
VPF Essentials
VPF uses these key platforms to enable the MIT community to conduct business and perform financial functions throughout the Institute.
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Why do I need a Selection of Source & Price Justification form?
For purchases of $10,000.01 and up to $250,000, the Selection of Source & Price Justification form documents why you chose the supplier you selected to ensure that you have met MIT’s requirements for competition; see Buying and Paying Policies, Section 6.00.
FAQ
Strategic Sourcing
The VPF Strategic Sourcing team proactively addresses MIT’s complex purchasing needs, by finding and sourcing the most appropriate suppliers of goods and services. This helps DLCs take a strategic approach when making purchasing decisions.
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