|
|
The last step in checking a supplier’s references is to examine the supplier’s internal and external audits. Internal audits provide essential information regarding supplier methodology, which allows the CO, guided by the financial expertise provided by the pricing analyst, to determine the financial stability of the supplier and to ensure that the supplier can fulfill the Postal Service’s requirements in the case of an awarded contract. External audits provide essential objective information regarding the legal and strategic legitimacy of supplier processes, staff, technology, facilities, and finances. A supplier must be free of “going concern” problems to be considered for a contract award.
|
|
