Preferred vendors: Overview
Preferred vendors are accredited suppliers with whom UCT has negotiated best price, quality and service. Preferred vendors must be used wherever possible.
Preferred vendors are identified on the basis of:
- financial stability
- BEE status: The university is required by law to ensure that a certain amount of spend is directed to BEE vendors. All merchants are asked to provide their BEE status when applying to become vendors.
- price, quality and service offerings as per tender or RFP process.
Some preferred vendor agreements originate from collaborative purchasing by universities resulting from tender processes.
Preferred vendor pricing is reviewed by an independent benchmarking company quarterly or bi-annually but PPS is dependent on the UCT community for feedback on service and quality.
Note: Listing on SAP does not automatically imply preferred vendor status.
For more information please click on the link on the right.