AI Vendor Due Diligence Questionnaire: What to Ask Before You Buy
AI vendor due diligence happens at the procurement gate, runs against a standard questionnaire, and produces an attestation file. The questionnaire most teams inherited from cloud SaaS vendors does not cover the questions a regulator will actually ask about AI use. The Fannie Mae LL-2026-04 framework, the EU AI Act, and the NIST AI RMF all expect ongoing due care, not one-time due diligence. This piece walks through the question categories an AI-aware procurement gate has to cover, the answers that have to live in the file, and the runtime evidence that closes the gap between due diligence and due care.
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