Free template
Vendor Due Diligence Questionnaire
Assess third-party risks with this Vendor Due Diligence Questionnaire Template.
Downloaded 4220 times
Download template
Vendor Due Diligence Questionnaire Template
This Vendor Due Diligence Questionnaire (“Questionnaire”) is provided by [Company Name] to assess potential vendors’ qualifications, compliance, and risk factors before engagement. Vendors must provide accurate and complete responses to all sections.
1. Company Information
Legal Entity Name: ____________________________
Registered Address: ____________________________
Primary Contact Name/Title: ____________________
Years in Business: ____________________________
Parent Company / Affiliates: ____________________
2. Financial Information
Provide latest audited financial statements (last [2–3] years).
Annual revenue range: ____________________________
Credit references: ____________________________
Any history of bankruptcy or insolvency? ☐ Yes ☐ No
3. Legal and Compliance
Confirm compliance with applicable laws and industry regulations.
Disclose any pending or past litigation, regulatory investigations, or fines.
Provide licenses, certifications, or permits relevant to services offered.
4. Information Security and Data Protection
Do you comply with GDPR, CCPA, or other data privacy laws? ☐ Yes ☐ No
Describe data protection measures (encryption, access controls, data retention policies).
Provide details of cybersecurity certifications (e.g., ISO 27001, SOC 2).
Have you experienced a data breach in the last [X] years? If yes, provide details.
5. Business Continuity and Disaster Recovery
Do you maintain a business continuity plan? ☐ Yes ☐ No
Provide a summary of disaster recovery procedures.
Average recovery time objective (RTO) and recovery point objective (RPO).
6. Subcontractors and Third Parties
Do you subcontract any services? ☐ Yes ☐ No
If yes, provide names of subcontractors and describe oversight measures.
Confirm that subcontractors meet equivalent compliance standards.
7. Insurance Coverage
Provide proof of insurance, including general liability, professional liability, and cyber liability coverage.
Coverage limits: ____________________________
8. References
Provide at least [2–3] client references with similar service scope.
9. Certifications and Attestations
List all relevant industry certifications (e.g., PCI DSS, HIPAA compliance, SOC reports).
Attestation of compliance by an officer of the vendor.
10. Declaration
I, the undersigned, certify that the information provided is true, accurate, and complete.
Vendor Authorized Representative: ____________________________
Title: _______________________________________
Date: _______________________________________
Flash deal
Flash deal
Today
Today
No time to fill it up? Generate your custom agreement with AI Lawyer in seconds
What’s Included
Legal Research
Legal Research
Legal Research
Contract Drafting
Contract Drafting
Contract Drafting
Document Review
Document Review
Document Review
Risk Analytics
Risk Analytics
Risk Analytics
Citation Verification
Citation Verification
Citation Verification
Easy-to-understand jargon
Easy-to-understand jargon
Easy-to-understand jargon
Details
Learn more about
Vendor Due Diligence Questionnaire
Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.
Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.
VENDOR DUE DILIGENCE QUESTIONNAIRE FAQ
What is a Vendor Due Diligence Questionnaire?
A Vendor Due Diligence Questionnaire (DDQ) is a standardized form used by companies to collect information about a potential vendor’s business, finances, compliance, and security practices before establishing a contract.
Why is a Vendor Due Diligence Questionnaire important?
It helps organizations assess risks associated with outsourcing and ensures vendors meet legal, financial, and security standards. Without it, businesses risk compliance violations, data breaches, and reputational harm.
When should you use a Vendor Due Diligence Questionnaire?
Use it before onboarding new vendors, renewing contracts, or when vendor risk profiles change (e.g., mergers, acquisitions, regulatory updates).
What should a Vendor Due Diligence Questionnaire include?
It should cover company background, financial health, legal compliance, data protection, cybersecurity practices, subcontractor use, insurance, and business continuity measures.
Does a Vendor Due Diligence Questionnaire replace monitoring?
No. While it is an important onboarding tool, ongoing vendor monitoring and audits are essential for long-term risk management.
Need a customized Vendor Due Diligence Questionnaire?
Use our AI-powered builder to generate a tailored Vendor Due Diligence Questionnaire in minutes—professional, detailed, and ready to use.
Similar templates
Other templates from
Policy and Compliance Documents
Money back guarantee
Free trial
Cancel anytime
AI Lawyer protects
your rights and wallet
Money back guarantee
Free trial
Cancel anytime
AI Lawyer protects
your rights and wallet
Money back guarantee
Free trial
Cancel anytime
AI Lawyer protects
your rights and wallet
Money back guarantee
Free trial
Cancel anytime