Vendor Risk Assessment Services

The University of Kansas is seeking proposals for Vendor Risk Assessment Services. The solicitation is for an open-ended contract between a bidder and the university to furnish an undetermined quantity of a good or service in a given period of time. The evaluation of proposals will be based on the best interest of the university, and the contract price will be determined by the Procurement Negotiation Committee. Bidders are required to submit their proposals electronically via the KU eBid system. The proposal should include all requested information in the format specified and in a manner that is as concise, complete, and clear as possible. • The university reserves the right to request additional information from bidders as needed. • Bidders may be required to appear before the Procurement Negotiation Committee to explain their understanding and approach to the project. • The contract will be awarded based on the best interest of the university, and the university reserves the right to reject any or all proposals or part of a proposal. • The contract will be for an indefinite period, with the quantities ordered being those actually required during the contract period. • The bidder will be responsible for all costs associated with developing and submitting their proposal. • The university reserves the right to determine and approve or deny "equivalency" in comparison of alternate bids.