Vendor Contracting Process is the process of identifying, recruiting, negotiating, and executing contracts with vendors to provide goods and services. This involves assessing the suitability of each vendor in terms of cost, capability, and reliability; selecting the best candidate; negotiating the terms of contract; and executing a formal agreement that protects both parties. The goal of this process is to ensure that the most suitable vendors are selected for any given project, helping to create value for money, reduce risk, and maximize operational efficiency.