REQUIREMENT DOCUMENTATION

 

STREAMLINING THE VENDOR SOURCING AND EVALUATION PROCESS 

 

Last Energy helps infrastructure project developers define vendor requirements in order to streamline the vendor sourcing and evaluation process. We start by identifying the categories of vendors needed, ranging from service providers and supply chain partners to manufacturing. We then work to define stakeholder needs, including technical and business specifications to form the basis of an RFP process.

 

From here, we develop a list of vendor requirements including the features or detailed services needed from providers in each category. We'll review the requirements and then prioritize them to create a weighting system that allows for easy and accurate scoring of vendor offerings.

SERVICES / VENDOR SELECTION

REQUIREMENT DOCUMENTATION

 

STREAMLINING THE VENDOR SOURCING AND EVALUATION PROCESS 

 

Last Energy helps infrastructure project developers define vendor requirements in order to streamline the vendor sourcing and evaluation process. We start by identifying the categories of vendors needed, ranging from service providers and supply chain partners to manufacturing. We then work to define stakeholder needs, including technical and business specifications to form the basis of an RFP process.

 

From here, we develop a list of vendor requirements including the features or detailed services needed from providers in each category. We'll review the requirements and then prioritize them to create a weighting system that allows for easy and accurate scoring of vendor offerings.

PROPOSAL REVIEW

 

TAKING A HOLISTIC APPROACH TO THE VENDOR SELECTION PROCESS


Last Energy will review all proposals from vendors in each category, starting with a high-level review for completeness and clarity. If any omissions or ambiguities are identified, we'll clarify with the submitting vendor to help streamline the evaluation and selection process.

 

We then begin a thorough review of each proposal, ranking responses against previously define requirements criteria to create an overall performance score. We'll look for things like lead times and potential scheduling conflicts to minimize the likelihood of delays in the construction process the offer recommendations on vendor selection.

CAPABILITY & QUALITY EVALUATION

 

THOROUGH VENDOR CANDIDATE ANALYSIS

 

Last Energy conducts a thorough capability and quality analysis of all potential vendors. We use our years of experience working with both global and local providers to determine how well vendors can execute on their skill sets to provide the products and services needed to build a nuclear power plant.

 

We research potential vendors' history and experience, conduct reference checks to validate quality and take a critical look at cost and pricing, recognizing that the most economical option is not always the most efficient option. We aim to minimize complexity in the supply chain by understanding which products are available "off-the-shelf" as opposed to custom orders.

VENDOR SOURCING

 

IDENTIFYING THE BEST PARTNERS FOR YOUR PROJECT 

 

Last Energy is committed to engaging with local supply chain industries and partnering with relevant institutions where possible to enable a swift selection and deployment process. We follow best practices around strategic sourcing to develop a proactive and continuous evaluation approach.

 

We rely on our extensive network to source vendor options for each category based on the identified requirements. We'll organize suppliers, their profiles and core capabilities then coordinate supplier days for stakeholders to meet with individual vendors and begin developing collaborative relationships.

CONTRACT NEGOTIATION

 

ENSURING THE BEST VALUE ONCE THE RIGHT VENDOR IS IDENTIFIED 


Once vendors have been identified, Last Energy will assist with contract negotiations to drive accountability among suppliers and partners. We help structure contracts with performance incentives to encourage vendors to meet deadlines and quality specifications. We also structure contracts to remove any misleading terminology that could cause ambiguity as well as offer price protection.

 

We'll conduct an in-depth review of all contract terms that involve compliance, supplier service obligations, pricing and other conditions and offer recommendations to develop a comprehensive contract that offers protection for all stakeholders. Should any issues arise, we'll take the measures necessary to resolve them equitably and expeditiously.

inside view of a nuclear power plant
turbine in a nuclear power plant

VENDOR SELECTION