When selecting suppliers and contractors in, it is important to follow good practices to ensure the best outcomes for your club/ branch. Considerations when selecting a supplier or contractor should be:

Define requirements for supplier/ contractor: Clearly identify the club/branches needs, specifications, and desired outcomes before initiating the selection process. This will help you evaluate potential suppliers and contractors more effectively.
Conduct market research: Explore the market to identify potential suppliers and contractors who can meet your requirements. Research their reputation, track record, and experience in delivering similar projects or services.
Seek multiple quotes or proposals: Obtain quotes or proposals from multiple suppliers and contractors to compare their offerings, pricing, and terms. This will help you make an informed decision and ensure competitive pricing.
Evaluate capabilities and credentials: Assess the capabilities, expertise, and credentials of potential suppliers and contractors. Look for qualifications, certifications, relevant experience, financial stability, and references from past clients.
Consider value for money: While cost is an important factor, consider the overall value for money. Evaluate the quality of goods or services, reliability, customer support, and long-term benefits rather than solely focusing on the lowest price.
Review contracts and terms: Thoroughly review contracts, agreements, and terms proposed by suppliers and contractors. Ensure that they align with your requirements, cover key aspects such as delivery timelines, payment terms, warranties, and dispute resolution mechanisms.
Practice fair and transparent selection: Follow fair and transparent selection processes to avoid favoritism or bias. Clearly communicate the evaluation criteria to potential suppliers and contractors and ensure that all eligible parties have equal opportunities to compete.
Consider sustainability and social responsibility: Evaluate suppliers and contractors based on their commitment to sustainability, environmental practices, and social responsibility. Consider factors such as ethical sourcing, diversity, and community engagement.

The are many useful links and templates to use when looking to appoint a supplier or contractor.
Finding and working with suppliers:

Club Tip
Ensure that you are complying with the requirements of a related party transaction if you are choosing a supplier
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