Understanding Vendor Grades in Trestle
Selecting the right partner for your projects begins with understanding the grades vendors receive during the prequalification process. Trestle categorizes vendor grades into three types: Pass, Conditional, and Fail. Each grade provides clear insight into how well a vendor aligns with your organization’s requirements.
1. Pass Grade
A passing grade signifies that the vendor has:
- Met or exceeded all the criteria questions you set.
- Submitted all required documentation and supporting information.
What This Means:Vendors with a passing grade are fully qualified to partner with your organization based on your predefined standards. No further review is necessary for their compliance or qualifications.
2. Conditional Grade
A conditional grade indicates that:
- The vendor has at least one question where they scored below the passing threshold but above the failing threshold.
What This Means:Vendors with a conditional grade may still be suitable to work with your organization, but additional attention is needed. Review the specific areas where the vendor scored conditionally to determine whether adjustments or further actions are required.
3. Fail Grade
A fail grade means that:
- The vendor has at least one question where they scored below your lowest acceptable threshold.
- They did not meet the minimum requirements for the corresponding prequalification criteria.
What This Means:Vendors with a fail grade are not qualified to partner with your organization based on your current requirements. Consider reaching out to the vendor to discuss the reasons for their failing grade and whether they can improve their submission for future consideration.
Key Takeaways
- Pass Grade: The vendor is fully compliant and ready to partner.
- Conditional Grade: The vendor may qualify but requires additional review or actions.
- Fail Grade: The vendor does not meet your requirements and cannot be qualified at this time.
By understanding and utilizing these grades, you can make informed decisions and build reliable partnerships that align with your organization’s standards.
