HIRC Standards

[Seller] agrees [to make commercially reasonable efforts] to satisfy the following HIRC standards:

1. Mapping and Monitoring
2. BCM Assessment
3. Transparency Badge
4. Resiliency Badge

www.hircstrong.com/standards

1.1 Mapping and Monitoring (Core)

[Supplier] agrees to satisfy level 1 of the HIRC standard, share the geographic information with [Provider], and refresh the information annually.

1.2 Mapping and Monitoring (Partner)

In addition to Section 1.1, [Supplier] agrees to satisfy level 2 of the HIRC standard, maintain the information in the Supply Risk Solutions platform (at no cost to the supplier), and participate in SRS event monitoring by responding to periodic impact notifications.

2.1 BCM Assessment (Core)

[Supplier] agrees to complete the Business Continuity Assessment per HIRC standard, share the results with [Provider], and refresh the information annually.  To satisfy this requirement, [Supplier] will complete the BCM assessment in the SRS platform (at no cost to the supplier) and share with [Provider].

2.2 BCM Assessment (Partner)

In addition to Section 2.1, [Supplier] agrees to achieve a score of at least 2 prior to execution of the Agreement, and progress to a score of 3 or higher within 12 months of execution.

3. Transparency Badge

[Supplier] agrees to achieve the Transparency Badge at no cost to the supplier per the HIRC standard.

4.1 Resiliency Badge (Core)

[Supplier] agrees to pursue the Resiliency Badge per the HIRC standard within [#] months of the execution of this Agreement.

4.2 Resiliency Badge (Partner)

[Supplier] agrees to pursue the Resiliency Badge per the HIRC standard within [#] months of the execution of this Agreement, achieve no less than a Silver rating for the product categories relevant to any contract resulting from this Agreement, and share the Executive Summary with [Provider] via the HIRC Vault on Microsoft Teams (at no cost to the supplier).