Download Free AI Procurement Policy Template

The AI Procurement Policy Template is part of our growing AI Governance Template Starter Kit—built to help organizations establish clear, enforceable controls around how AI systems are evaluated, contracted, and managed throughout their lifecycle.

FairNow draws on decades of hands-on experience in AI, data science, compliance, and risk management. These templates reflect real-world lessons from governing third-party AI systems in high-stakes environments—shaped by direct work with legal teams, procurement officers, risk leaders, and technical stakeholders across industries.

This policy template gives organizations a structured way to assess AI vendors, negotiate strong data and IP protections, monitor model performance and bias, and reduce the risk of lock-in or compliance failures. It’s practical, editable, and designed by AI governance practitioners for teams responsible for procurement and oversight.