Prequalification is the process of up-front identification of top-quality suppliers able to compete for specific types of contract opportunities. Prequalified suppliers are those whose record of performance in the marketplace, whether commercial or governmental, demonstrates their ability to perform to consistently high standards of quality and reliability.
Selection of the right suppliers is critical to the Postal Service’s success. Having the right suppliers augments the Postal Service’s ability to deliver high-quality and innovative services to its customers and reduces operational risks. Prequalifying suppliers enhances competition, ensures quality performance, and can also shorten cycle time and strengthen relationships between the Postal Service and its suppliers.
Suppliers benefit from having a more comprehensive opportunity to familiarize themselves with the Postal Service’s requirements before an RFP is issued, which in turns yields lower proposal preparation costs.
Prequalification may be used: