Develop and follow a set of procedures and standards that is consistent with the business organization’s overall procurement process and acquisition strategy to acquire IT-related infrastructure, facilities, hardware, software and services needed by the business.

Set up a procedure for establishing, modifying and terminating contracts for all suppliers. The procedure should cover, at a minimum, legal, financial, organizational, documentary, performance, security, intellectual property, and termination responsibilities and liabilities (including penalty clauses). All contracts and contract changes should be reviewed by legal advisers.

There are no PSGs published for this topic; however, the topic is under review for future PSGs

Select suppliers according to a fair and formal practice to ensure a viable best fit based on specified requirements. Requirements should be optimized with input from potential suppliers.

There are no PSGs published for this topic; however, the topic is under review for future PSGs

Protect and enforce the organization’s interests in all acquisition contractual agreements, including the rights and obligations of all parties in the contractual terms for the acquisition of software, development resources, infrastructure and services.